The Impact of Dividend Policy on Stock Price Volatility
IJRESS
Volume 1, Issue 1(October, 2011)
(ISSN 2249-7382)
A STUDY OF TRAINING IN INSURANCE AND THEIR IMPACT ON EMPLOYEES PRODUCTIVITY
Dr. Shefali Verma* Rita Goyal**
ABSTRACT
The training and development function plays a further enhanced role and holds more importance, as it deals with knowledge of workers .Employees are entrusted different roles and responsibilities in the LIC. Training enables them to carry out these roles and responsibilities efficiently and also learn new things, which will prepare them to take up higher responsibilities in the future. In the insurance sector, the training and development function holds a key responsibility by helping employees to upgrade their performance on a continuous basis. This paper analyzes the status of various training and development practices in Life Insurance Corporation in India and explores the proposed link between the training and employees productivity. The study makes use of statistical techniques such as mean, standard deviation, Z test. Correlation analysis and regression analysis to process and analysis the data collected for this study. The result shown that the Training in Life Insurance Corporation is average and the perception of employees regarding the Training and Development do not differ significantly. The paper ends by offering useful suggestions to the management involved in the operations of the corporations. Some of the recommendations are- it is vital that managers, senior executive, as well as all employees receive training; and that any training/management development which takes place is based on proper analysis of its contribution to the effectiveness and efficiency of an organization. Key words: Training Programme, LIC, Employees Productivity
*Associate Prof. MMIM, , **Lecturer Dept. of Humanities and Social Sciences, MMEC,Maharishi Markendeshwar University, Mullana (Ambala)
International Journal of Research in Economics and Social Sciences http://www.euroasiapub.org
31
IJRESS
Volume 1, Issue 1(October, 2011)
(ISSN 2249-7382)
A STUDY OF TRAINING IN INSURANCE AND THEIR IMPACT ON EMPLOYEES PRODUCTIVITY
Dr. Shefali Verma* Rita Goyal**
ABSTRACT
The training and development function plays a further enhanced role and holds more importance, as it deals with knowledge of workers .Employees are entrusted different roles and responsibilities in the LIC. Training enables them to carry out these roles and responsibilities efficiently and also learn new things, which will prepare them to take up higher responsibilities in the future. In the insurance sector, the training and development function holds a key responsibility by helping employees to upgrade their performance on a continuous basis. This paper analyzes the status of various training and development practices in Life Insurance Corporation in India and explores the proposed link between the training and employees productivity. The study makes use of statistical techniques such as mean, standard deviation, Z test. Correlation analysis and regression analysis to process and analysis the data collected for this study. The result shown that the Training in Life Insurance Corporation is average and the perception of employees regarding the Training and Development do not differ significantly. The paper ends by offering useful suggestions to the management involved in the operations of the corporations. Some of the recommendations are- it is vital that managers, senior executive, as well as all employees receive training; and that any training/management development which takes place is based on proper analysis of its contribution to the effectiveness and efficiency of an organization. Key words: Training Programme, LIC, Employees Productivity
*Associate Prof. MMIM, , **Lecturer Dept. of Humanities and Social Sciences, MMEC,Maharishi Markendeshwar University, Mullana (Ambala)
International Journal of Research in Economics and Social Sciences http://www.euroasiapub.org
31
IJRESS
Bibliography: Volume 1, Issue 1(October, 2011) (ISSN 2249-7382) Riyaz Rainaye. (2004). Training Effectiveness in Public Sector and Private Sector Commercial Banks A Micro-Level Comparative Study. Management & Change, Vol 8, No 1 & 2, pp. 49-67 • Shishupal Singh Badhu and Karunesh Saxena. (1999). Role of Training in Developing Human Resources: Study of Selected Industrial Organizations of Rajasthan. The Indian Journal of Commerce, Vol.52 No.1, January – March 1999, pp.57-56.