The need to make profits:
Profits are essential for the survival and growth of everycommercial organization.
Increasing emphasis on profitability:
The profitability aspect of the insurance companies hasgotten a lot of attention in the recent years.
Along with the increasing emphasis on profitability, employeesatisfaction has also been generating considerable interest.This study has thus been undertaken to examine the importance human resource management ininsurance companies.
Investments in HRM practices can help a firm perform better.
Competitive advantage of a company can be generated from human resources (HR) andcompany performance is influenced by a set of effective HRM practices. In this study, weintended to assess the HR practices in insurance companiesEvery organization is composed of people and utilizing their services, developing their skills,motivating them to enhance their levels of performance and ensuring that they remain committedto the organization are essential for the accomplishment of organizational objectives. This is truefor all types of organizations - government, business, education, health, recreation or socialaction. Organizations that can do this will be both effective as well as efficient. Inefficient or ineffective organizations face the danger of stagnating or going out of business.The emphasis on proper and effective human resource management has increased in the recent