Employee Perception of Human Resource Management Policies: A Study of Insurance Sector in Rajasthan

Mr. Mayank Agarwal

doi:https://doi.org/10.17492/manthan.v4i02.11458

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Employee Perception of Human Resource Management Policies: A Study of Insurance Sector in Rajasthan

Mayank Agarwal

Vol 4, Issue 2, July - December 2017 | Pages: 113-136 | Case Study

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https://doi.org/10.17492/manthan.v4i02.11458

Published Online: November 30, 2017

Author Details ( * ) denotes Corresponding author

1. * Mayank Agarwal, Assistant Professor, Department of Commerce, Dr H. S. Gour (Central) University, Sagar, Madhya Pradesh, India (mayank_agin@yahoo.co.in)

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.

Keywords

HRM practices; Organisation; Employees; Recruitment; Training

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