Employee Perception of Human Resource Management Policies: A Study of Insurance Sector in Rajasthan
Journal Title: MANTHAN: Journal of Commerce and Management - Year 2017, Vol 4, Issue 2
Abstract
Modern age is of significant cut-throat competition where companies in almost every sphere especially service sector are attempting hard to gain the confidence of customers by rendering them value added service and quality path-breaking products. The intent of this paper is to examine the impact of human resource management (HRM) practices on employees as well as the organisation, particularly in the insurance sector in two major cities of Rajasthan state. Three categories of human resources in the insurance sector were selected for the study sample. Further, due consideration was also given to the nature and status of employees to make the sample representative and to elicit most representative views on various aspects and practices of HRM in multiple proportions. Demographic profile and every important element of HRM that plays a significant role in improving and maintaining viable relations between the employee and employer have been discussed. Their role in improving the financial health and credit worthiness of the organisation is also discussed. The findings of this study also indicate that better HRM practices have immense positive impact on employees in the form of higher degree of satisfaction, dedication and higher retention which ultimately results in eventful success of the organisation.
Authors and Affiliations
Mayank Agarwal
Keywords
Related Articles
- EP ID EP623929
- DOI 10.17492/manthan.v4i02.11458
- Views 241
- Downloads 0
Tabachnick, B.G. & Fidell, L.S. (2007). Using multivariate statistics (5th Edition). Boston: Pearson Education Inc.
The paper discusses the emergence of ‘relationship marketing approach’ and highlights its importance in today’s highly competitive world with special reference to financial services sector. The thoughts of various manage...
Political Stability and Economic Growth: Reflections on Indian Economy
Efficient economic policies and their implementation are only sufficient conditions of assured economic growth. However, the type of political structure and stability of the same form the necessary conditions of economic...
Modelling Volatility of BSE Realty Index using Conditional Heteroscedasticity Models
This study empirically examines the nature of volatility in BSE Realty Index using daily closing price of BSE Realty Index for five and half years period from January 2011 to June 2016. The study employed conditional het...
Telling Stories in the Digital Space: A Marketing Perspective
The emerging digital platforms are playing a pivotal role in shaping the brand choice. The medium is embraced by both- new inventive businesses and conventional technique practitioners. A critical aspect of harnessing th...
Employee Perception of Human Resource Management Policies: A Study of Insurance Sector in Rajasthan
Modern age is of significant cut-throat competition where companies in almost every sphere especially service sector are attempting hard to gain the confidence of customers by rendering them value added service and quali...