Certainly‚ these developments were bound to have an impact on Life Insurance Corporation (LIC) of India too. The present paper tries to review the current status of LIC in the changed competitive scenario of the insurance industry. LIC of India: History and Present Position Life insurance in its present form came to India from England in the year 1818‚ when the Oriental Insurance Company‚ the first corporate entity in India offering life insurance cover was established in Calcutta. From then onwards
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WORK-LIFE INTEGRATION WHY IS IT IMPORTANT? And IS IT FEASIBLE? Introduction In today’s fast pace competitive society‚ there is a significant underlying issue in every industry across all staffing levels which surround the issues of work life integration. It is more than a buzzword or HR policy; it is a key component in understanding work retention‚ job satisfaction and career development for women. It is no longer about balance because balance implies that work and life are opposites of each
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Work Life Balance is where you can prioritize between your work/career and your lifestyle. Companies often benefit from work life balance because it benefits the business. As it had stated on a website there are three top reasons why companies choose work life balance: (1) recruitment/retention of employees‚ (2) commitment to the firm‚ and (3) productivity. (Work Life Balance‚ 2012) By reducing these factors in the workforce this will help the company in the long run. Some advantages based on the
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development and globalization primarily through their work. It is not just about having a job. It is about the quality of employment that provides an adequate income to keep workers and their families out of poverty. It is about basic rights at work and a voice in decisions that affect their lives and livelihoods. It is about having security in times of misfortune. All these are key ingredients of a decent job which stands for dignity of work‚ promotes a sense of self worth and ensures family stability
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Moons of Saturn By Melinda Herron 11/29/2011 Moons of Saturn The moons of Saturn are a very interesting topic to research. Before beginning this amazing journey on the moons‚ first we must do a brief overview of the planet Saturn. Saturn is the sixth largest planet from the sun; it is very large and does not have very much water. This research paper will explore the different moons‚ the names‚ atmosphere‚ similarities and sizes of the moons. Saturn has 62 moons
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Quality Management Assignment 1 Individual Assignment Aims: To introduce to the student Total Quality Management in terms of its concepts and practical application to organizations. Assignment 1 □ Quality Management refers to any planned and systematic activity directed towards providing consumers with products (goods and services) of appropriate quality‚ along with the confidence that products meet consumers’ requirements. Course Report The student will
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The Importance of Work-Life Balance in a Diverse Workforce The use of diversity programs has become the rising standard among professional businesses. Through the use of these programs‚ employers not only abide by legal requirements of local‚ state‚ and federal laws‚ but also help to increase their consumer base‚ workforce efficiency and effectiveness‚ and reduce employee turnover. One of the major components of successfully leveraging diversity is through the right work-life balance. This requires
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Work/Life Balance – Challenges and Solutions: In a society filled with conflicting responsibilities and commitments‚ work/life balance has become a predominant issue in the workplace. Three major factors contribute to the interest in‚ and the importance of‚ serious consideration of work/life balance: 1) global competition; 2) renewed interest in personal lives/family values; and 3) an aging workforce. Research suggests that forward-thinking human resource professionals seeking innovative ways to
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Abstract Work life balance is an important issue that has been engaging the attention of research scholars‚ theoreticians‚ and practicing professionals alike. The increase in the number of dual-working couples and the ascendance of women to higher positions‚ and to professions traditionally regarded as male bastions‚ are two important factors that have contributed to increasing work life imbalance. Several studies have shown that work life balance has a direct bearing on organizational performance
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Dell Computer Corporation – Share Repurchase Program Questions: 1. Why do companies use stock options to compensate employees? What are the advantages of stock options relative to cash compensation? What‚ if any‚ are their disadvantages? 2. What‚ if any‚ risks do Dell’s shareholders face from Dell’s stock option program? Draw terminal payoff diagrams to illustrate the risk. Is this risk something that shareholders of Dell expect to bear when investing in Dell? 3. How does Dell
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