Professional Documents
Culture Documents
Submitted by
Ms.Lakshmi Priyanka. R
Enrollment No: 0217390285
MBA: HUMAN RESOURCE MANAGEMENT
Prof.A.Manohar
PULC
This is to certify that the project work titled “A STUDY ON THE ANALYSIS
OF COMPETENCY MAPPING IN PNB METLIFE INDIA INSURANCE LTD”
is a bonafide work of Ms.Lakshmi Priyanka.R (Enrollment No: 0217390285)
carried out in partial fulfillment for the award of degree of MBA-HUMAN
RESOURCE MANAGEMENT of Pondicherry University under my guidance. This
project work is original and not submitted earlier for the award of any degree/diploma
or associateship of any other University/Institution.
Place:
Date:
STUDENT’S DECLARATION
I, Ms. Lakshmi Priyanka.R hereby declare that, the project work titled “A
STUDY ON THE ANALYSIS OF COMPETENCY MAPPING IN PNB
METLIFE INDIA INSURANCE LTD” is the original work done by me and
submitted to the Pondicherry University in partial fulfillment of requirements for the
award of Master of Business Administration in Human Resource Management is a
record of original work done by me under the supervision of Mr.A.Manohar, a faculty
of PULC.
I take this opportunity to thank Almighty who gave me the strength to finish
this Project & my heartfelt thanks to my beloved parents and friends for constantly
Encouraging & inspiring me to finish the project successfully.
I express my gratitude to the management & all the employees of PNB Metlife
India Insurance Pvt Ltd, who have been co-operative during the project, which
enabled the successful completion of the project.
Finally, I thank the Principal, Director and the Coordinator, PULC, Loyolo
college, for providing us this great opportunity to work and understand the importance
of doing real-time project as part of our MBA Program.
R.LAKSHMI PRIYANKA
Enroll No:0217390285
i
EXECUTIVE SUMMARY
ii
TABLE OF CONTENTS
Acknowledgement i
Executive summary ii
List of Figures vi
I Introduction 1
Definition of Competency 2
Competency – Meaning 3
Types of competencies 4
Measurement of Competencies 7
IA Company Profile 8
II Literature Review 16
Hypothesis 25
Types of Data 25
Sample Size 26
Research Design 26
iii
Limitations of the Study 26
Chapterization 26
Testing of Hypothesis 51
Findings 54
Conclusions 57
Suggestions 58
Appendices 59
Questionnaire 60
Bibliography 65
iv
LIST OF TABLES
Table
Title of the Table Page No.
No.
4.01 Gender 28
4.02 Education 29
4.03 Years of Experience 30
4.04 Knowledge on the competency management 31
4.05 Competency Gap 32
4.06 Recognition of competency mapping 33
4.07 Career development 34
4.08 Performance Appraisal 35
4.09 Rewards, Feedback and Recognition 36
4.10 Knowledge about their role 37
Competency Mapping provides the Importance of Performance
4.11 38
management system
Competency Mapping Increases the Self-reliance and the
4.12 39
initiatives
4.13 Competency matrices of training 40
4.14 Time Limit 41
4.15 Increases the team performance 42
4.16 Self Efficiency 43
4.17 Regular skill development 44
4.18 Creative Skills 45
4.19 Brings out the inner skills 46
4.20 Helpful at the time of challenging situation 47
4.21 Increases the self motivation 48
4.22 Develops the Work Ethic 49
4.23 Provides the job security 50
v
LIST OF FIGURES
Figure
Title of the Figures Page No.
No.
1.01 Competency Models
4.01 Gender 28
4.02 Education 29
4.03 Years of Experience 30
4.04 Knowledge on the competency management 31
4.05 Competency Gap 32
4.06 Recognition of competency mapping 33
4.07 Career development 34
4.08 Performance Appraisal 35
4.09 Rewards, Feedback and Recognition 36
4.10 Knowledge about their role 37
Competency Mapping provides the Importance of Performance
4.11 38
management system
Competency Mapping Increases the Self-reliance and the
4.12 39
initiatives
4.13 Competency matrices of training 40
4.14 Time Limit 41
4.15 Increases the team performance 42
4.16 Self Efficiency 43
4.17 Regular skill development 44
4.18 Creative Skills 45
4.19 Brings out the inner skills 46
4.20 Helpful at the time of challenging situation 47
4.21 Increases the self motivation 48
4.22 Develops the Work Ethic 49
4.23 Provides the job security 50
vi
CHAPTER-I
INTRODUCTION
1
In today’s competitive market, companies are aware that their workforce must
be properly trained and fully competent over a range of tasks within any given work
discipline. Competency mapping is a process through which one assesses and
determines one’s strengths as an individual worker and in some cases, as part of an
organization. It generally examines two areas: emotional intelligence or emotional
quotient (EQ), and strengths of the individual in areas like team structure, leadership,
and decision-making. Large organizations frequently employ some form of
competency mapping to understand how to most effectively employ the competencies
of strengths of workers. They may also use competency mapping to analyze the
combination of strengths in different workers to produce the most effective teams and
the highest quality work. Competency mapping can also be done for contract or
freelance workers, or for those seeking employment to emphasize the specific skills
which would make them valuable to a potential employer. Competency mapping also
requires some thought, time, and analysis, and some people simply may not want to
do the work involved to sufficiently map competencies. Competency mapping alone
may not produce accurate results unless one is able to detach from the results in
analyzing past successes and failures.
Definition of Competency
Richard Boyatzis (1982) – “A capacity that exists in a person that leads to behavior
that meets the job demands within parameters of organizational environment, and that,
in turn brings about desired results”
Spencer & Spencer (1993) defines competency as, “An underlying characteristic of
an individual that is causally related to criterion-referenced effective and/or superior
performance in a job or situation.”
Underlying Characteristic: Means the competency is fairly deep & enduring part of
a person’s personality and can predict behavior in a wide variety of situations and job
tasks.
2
Criterion-referenced: Means that the competency actually predicts who does
something well or poorly, as measured on a specific criterion or standard. Examples of
criteria are the rupee volume of sales for salespeople or number of clients who stay
“dry” for Alcohol-abuse Counsellors.
What is Competency?
3
Effective Performance: This usually means “minimally acceptable” level of work,
the lower cut-off point below which an employee would not be considered competent
to do the job.
Types of competencies
Core Competencies:
1. Internal capability that is critical to the success of the business.
2. Core competencies define what an organization values most in its people.
3. e.g., an organization might want its people to possess Teamwork, flexibility
and communication skills.
4. Organizational competencies that all individuals are expected to possess.
5. Core competencies are not seen as being fixed, they must change in response to
changes in the company’s environment.
6. They are flexible & evolve over time, as a business adapts to ne circumstances
& opportunities, so its core competencies will have to adapt & change.
1. These competencies are grouped for each job within the organization. e.g.,
Competencies for H.R. Manager or Competencies for an Operations Manager.
2. The goal is to optimize performance by having the technical skills to perform a
job.
Threshold Competencies:
4
Behavioural Competencies:
Differentiating Competencies:
As the famous psychologist William James said, the first rule for a scientist
should be that-
5
Increase the likelihood of identifying and selecting the right person for the right
job.
6
Measurement of competencies
7
COMPANY PROFILE
PNB MetLife India Insurance Company Limited (PNB MetLife) is a joint venture
between MetLife International Holdings Inc. (MIHI), Punjab National Bank Limited
(PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji and Company Private
Limited and other private investors, with MIHI and PNB being the majority
shareholders. PNB MetLife was previously known as MetLife India Insurance
Company Limited (MetLife India) and has been present in India since 2001.
PNB MetLife brings together the financial strength of a leading global life insurance
provider, MetLife, Inc., and the credibility and reliability of PNB, one of India's oldest
and leading nationalised banks. The vast distribution reach of PNB together with the
global insurance expertise and product range of MetLife makes PNB MetLife a strong
and trusted insurance provider.
PNB MetLife is present in over 120 locations across the country and serves customers
in more than 7,000 locations through its bank partnerships with PNB, JKB and
Karnataka Bank Limited.
PNB MetLife provides a wide range of protection and retirement products through its
Agency sales of over 15,000 financial advisors and multiple bank partners, and
provides access to Employee Benefit plans for over 800 corporate clients in India.
With its headquarters in Bangalore and Corporate Office in Gurgaon, PNB MetLife is
one of the fastest growing life insurance companies in the country. The company
continues to be consistently profitable and has declared profits for last four Financial
Years
8
METLIFE HISTORY
For 140 years, MetLife has been insuring the lives of the people who depend on us.
Our success is based on our long history of social responsibility, strong leadership,
sound investments, and innovative products and services.
Our purpose is why we are in business and reflects what we stand for and believe in.
Our purpose is to help people pursue more from life. Our values are how we achieve
that purpose, through an expression of who we are, what we stand for as a company
and how we conduct our business.
Be The Best
We are relentless in our search for new and better ways of doing things. As a
leader in our industry, we constantly raise the bar, take calculated risks and
learn quickly from our mistakes.
Succeed Together
United by our purpose, we live by a collective commitment to honesty,
integrity and diversity. We are open and inclusive, proudly taking and
applying the best ideas from every part of our company.
9
CORPORATE CITIZENSHIP
For more than a century, MetLife has built a reputation as a company that believes in
fair dealing, integrity, and trustworthiness. We firmly believe that adherence to the
highest standards of ethical conduct is the only acceptable way of doing business and
is the personal responsibility of every one of our associates. The company's well-
known name and good reputation are reinforced by our pledge to deliver value and
world class service to all who do business with us, always keeping in mind what is
best for our customers.
Supporting these efforts are the core values of integrity and honesty, the fundamental
building blocks of our long and successful history, that shape the way we do business.
These values are central to our efforts to build financial freedom for everyone and
emphasize our outward focus on customers and their needs. We recognize that our
ongoing success will spring from these values and, as we look to the future, we remain
committed to the highest standards of ethics, integrity and trustworthiness. This
defines who we are.
MetLife's Diversity and Inclusion vision is to foster an inclusive culture that leverages
the contributions of associates with many backgrounds and perspectives to drive
growth and profitability wherever we do business in the global marketplace.
At MetLife, this diversity is core to our business, embedded at all levels of our
company with clear accountability for success. Our commitment to diversity and
inclusion makes MetLife a more competitive company and allows us to better serve
our customers, attract and retain the best talent, and do business with the best
companies and suppliers around the world. It brings to MetLife fresh perspectives,
10
new ways of thinking and more innovative products. It helps build relationships in the
communities we serve and where we do business and helps enhance our brand. At
MetLife, diversity is a key driver of business performance and creates lasting
shareholder value.
Our Position
MetLife is poised to address climate change, embracing the challenges that it and the
environment present. We are committed to adapting our business model in the face of
climate change by increasingly adapting to emerging technologies, green products and
environmentally-friendly services. MetLife prides itself on being a good corporate
citizen, and we are dedicated to increasing our use of renewable energy and
conserving energy throughout our facilities around the globe.
11
METLIFE FOUNDATION
Since it was established, the Foundation has provided over $500 million in funding to
hundreds of global organizations and has been at the forefront on important issues. In
classrooms, playgrounds, community centers, research labs and concert halls across
the globe, the foundation’s grants improve the quality of life for millions.
“PNB MetLife has taken the first step in giving back to the local communities and
launched its CSR initiative. The company has joined hands with bank partners,
Jammu & Kashmir Bank Limited (JKB) and Karnataka Bank Limited (KBL) to
support the cause of education and development of underprivileged children.”
WHAT WE DO
For Individuals
Around the world, the MetLife companies offer insurance, retirement and savings
products. We work directly with customers as well as offer our products through
agents, third party distributors, and brokers. We provide:
Life Insurance – Maintain your family’s standard of living no matter what the
future holds. Our life insurance products help take care of what’s most
12
important, from home mortgage payments and day-to-day expenses, to a
child’s education or a partner’s retirement
Accident & Health Insurance – Our products give you one less thing to worry
about should the unthinkable happen. We protect against eventualities with
flexible levels of coverage, cash payouts, treatment expenses, etc.
Credit Insurance – Our debt protection products can help take the strain off you
and your loved ones should you become unable to repay financial
commitments due to death or illness.
Auto & Home Insurance – You can protect your car and residence as well as
the precious belongings inside with the right insurance policy.
Retirement and Savings plans to help you reach your financial goals.
Retirement Planning - Our pension and savings products help you plan ahead
for a financially secure retirement and allow you to enjoy the best years of your
life.
Savings - Our selection of savings products help you act today to achieve the
lifestyle you want tomorrow.
For Business
Our name is recognized and trusted by 90 million customers worldwide in more than
50 countries as well as by over 90 of the top 100 FORTUNE 500 companies. We offer
businesses:
First class benefits packages to help attract and retain valuable employees. We
provide flexible, “best-in-class” solutions to help you meet the diverse needs of
13
your employees in a cost-effective way. Core insurance products include: life,
disability, critical illness, hospitalization and involuntary loss of employment.
OUR APPROACH
14
PARTNERS
15
CHAPTER-II
LITERATURE
REVIEW
16
COMPETENCY MAPPING
Competency mapping or competency modelling is the process of describing skills
traits. Knowledge and experience required for a person to be effective in a job. There
are models of competency mapping.
The one-size-fits all competency model: in this model data from job
descriptions and job specification is used. Data relating to a class of jobs(e.g.,
sales representatives) are consolidated and key features are converted into
competency traits.
The multiple job competency model: The competencies needed are identified
and classified function wise. Combination of competencies is grouped to draw
a particular role like sales manager.
The single job competency model: This is a commonly used and time tested
method. A position that is most important and being performed well as
identified from a class of positions. Observation, discussion and other methods
are used to obtain data from the person performing the job. The data so
obtained is used to build competency model for the position.
Functional/Technical Competencies:
These competencies include specific success factors within a given work
function or industry.
17
Competency Mapping: Competency mapping is a process an individual uses to
identify and describe competencies that are the most critical to success in a work
situation or work role.
Top Competencies: Top competencies are the vital few competencies (four to seven,
on average) that are the most important to an individual in their ongoing career
management process. “Importance to the individual” is an intuitive decision based
on a combination of three factors: past demonstrated excellence in using the
competency, inner passion for using the competency, and the current or likely future
demand for the competency in the individual’s current position or targeted career
field.
Organizations describe, or map, competencies using one or more of the following four
strategies:
Recruitment /Selection-Training/Development
Performance Management
Career Planning/Development
Succession Planning
Manpower Planning
Human Resource Development
Human Resource Planning
Human Resource Strategic Planning Etc
18
COMPETENCY-MEANING
Any underlying characteristic required for performing a given task, activity or role
successfully can be considered as competency. Competency may take the following
forms:
Knowledge,
Attitude,
Skill,
Other characteristics of an individual including
Motives,
Values,
Traits,
Self-Concept.
DEFINITIONS:
HOGG B (1989)
“Competencies are the characteristics of a manager that lead to the demonstration of
skills and abilities, which result in effective performance within an operational area.
Competency also embodies the capacity of transfer skills and abilities from one area
to another.”
UNIDO (2002)-
A Competency is a set of skills, related knowledge and attributes that allow an
individual to successfully perform a task or an activity within a specific function or
job
BOYATZIS (1982)
“A capacity that exists in a person that leads to behavior that meets the job demands
within parameters of organizational environment, and that, in turn brings about
desired results”
19
KLEMP (1980)
“An underlying characteristic of a person which results in effective and/or superior
performance on the job
RANKIN (2002):
“Competencies are definition of skills and behaviors that organizations expect their
staff to practice in work.”
MANSFIELD (1997):
“Underlying characteristics of a person that results in effective a superior
performance.”
\WOODRUFFE (1991):
Competency: A person- related concept that refers to the dimensions of behavior
lying behind competent performer.
Competence: A work- related concept that refers to areas of work at which the person
is competent.
ALBANESE (1989) :
Competencies are personal characteristics that contribute to effective
managerial performance
HAYES (1979):
Competencies are generic knowledge motive, trait, social role or a skill of a person
linked to superior performance on the job.
20
COMPETENCY – BROAD CATRGORIES
Generic Competencies
Managerial Competencies
Competencies which are considered essential for employees with managerial
or supervisory responsibility in any functional area including directors and
senior posts
Threshold or Performance:
Performance competencies are those that differentiate between high and
low performers.
Components of Competency:
The competencies are observable or measurable knowledge, skills and abilities
(KSA).
These KSA’s must distinguish between superior and other performers.
21
Step 4: Preparation of semi structured interview.
Step 8: Validate identified competencies and proficiency levels with immediate superiors
and other heads of the concerned department.
22
CHAPTER-III
RESEARCH
METHODOLOGY
23
Research methodology is a way to systematically solve the research problem. It may
be understood as a science of studying how research is done scientifically.
AIM
OBJECTIVES
The reading and sample exercise on Competency Mapping helps the scholar to realize
how a competency based culture may benefit the organization;
Improves internal communication
More professionalism in the organization and better role to individual fitment.
24
To make faster, more confident decisions about:
Bid pipeline management
Customer & product profitability
Market pricing
Other high-impact choices
Product forecasts
Response to competitors
HYPOTHESIS
Null Hypothesis:
There is no significant relationship between competency mapping and performance of
the employees.
Alternate Hypothesis
There is a significant relationship between competency mapping and performance of
the employees.
TYPES OF DATA:
The data are classified into two types.
PRIMARY DATA:
This data are the first hand and fresh data collected using the questionnaire. Since the
secondary information is not enough primary data is collected.
SECONDARY DATA
These are existing data which are collected from the company websites, books
literature are the source of secondary data.
25
TOOLS FOR DATA COLLECTION
SAMPLE SIZE:
Of the universe, a small sample is taken to represent the entire universe. Here, simple
random method has been adopted to collect the sample data. The data is collected
from 75 respondents of insurance sector.
RESEARCH DESIGN:
The study has been based on descriptive approach to collect the data about the
employee welfare measures in a insurance sector by distributing questionnaires to the
respondent to investigate and define clearly the scope of this enquiry and also to
collect the information about the employee welfare measures in their company.
CHAPTERISATION
Chapter 1: It contains introduction of the research study and the profile of the
company.
Chapter 2: It presents the literature review.
Chapter 3: It contains the research methodology of the study.
Chapter 4: It represents data analysis and interpretation.
Chapter 5: It contains findings, suggestion and conclusion.
26
CHAPTER-IV
ANALYSIS AND
INTERPRETATION
27
TABULATION AND INTERPRETATION OF RESULTS
Male 42 56
Female 33 44
TG 0 0
Total 75 100
45
40
35
30
25
20
15
10
0
Male Female TG
Inference: From the survey, it is found that 56% of the respondents are male while
44% of the respondents are female.
28
Table 4.02 Education
Diploma/Degree 41 55
PG 29 39
Others 5 6
Total 75 100
45
40
35
30
25
20
15
10
5
0
Diploma/Degree PG Others
Inference: From the survey, it is found that 55% of the respondents are
Diploma/Degree holder, 39% of the respondents are Post Graduated and while other
6% have completed the schools.
29
Table 4.03 Years of Experience
In the field of HR 40 53
Other Fields 35 47
Total 75 100
40
39
38
37
36
35
34
33
32
In the field of HR Other Fields
Inference: From the survey, it is found that 53% of the respondents have the
experience in the field of HR and the rest 47% of the respondents have the
respondents in other fields.
30
Table 4.04 Knowledge on the Competency Management
Strongly Agree 16 21
Agree 31 41
Disagree 24 32
Strongly Disagree 4 6
Total 75 100
35
30
25
20
15
10
0
Strongly Agree Agree Disagree Strongly
Disagree
Inference: From the survey, it is found that 21% of the respondents strongly agree
that they have knowledge on the competency management while 41% of them agree
and 32% of the respondents disagree and 6% of the respondent strongly disagree that
they don’t have knowledge on the competency management.
31
Table 4.05 Competency Gap
Strongly Agree 19 25
Agree 35 47
Disagree 21 28
Strongly Disagree 0 0
Total 75 100
35
30
25
20
15
10
0
Strongly Agree Agree Disagree Strongly
Disagree
Inference: From the survey, it is found that 25% of the respondents strongly agree
that they have knowledge on the competency Gap while 47% of them agree and 32%
of the respondents disagree and 6% of the respondent strongly disagree that they don’t
have knowledge on the competency gap.
32
Table 4.06 Recognition of competency mapping
Strongly Agree 29 39
Agree 26 34
Disagree 14 19
Strongly Disagree 6 8
Total 75 100
Strongly Agree
Agree
Disagree
Strongly Disagree
Inference: From the survey, it is found that 39% of the respondents strongly agree
that they got the recognition of competency mapping while 34% of them agree and
19% of the respondent disagree and 8% of the respondent strongly disagree that they
doesn’t have the recognition of competency mapping.
33
Table 4.07 Career development
Strongly Agree 17 23
Agree 36 48
Disagree 12 16
Strongly Disagree 10 13
Total 75 100
Strongly Agree
Agree
Disagree
Strongly Disagree
Inference: From the survey, it is found that 23% of the respondents strongly agree
that they have career development with the competent training while 48% of them
agree and 16% of the respondents disagree and 13% of the respondent strongly
disagree that they don’t have career development.
34
Table 4.08 Performance Appraisal
Strongly Agree 22 29
Agree 26 35
Disagree 17 23
Strongly Disagree 10 13
Total 75 100
Strongly Agree
Agree
Disagree
Strongly Disagree
Inference: From the survey, it is found that 29% of the respondents strongly agree
that they have performance appraisal while 35% of them agree and 23% of the
respondent disagree and 13% of the respondent strongly disagree that they don’t have
performance appraisal.
35
Table 4.09 Rewards, feedback and recognition
Strongly Agree 20 27
Agree 37 49
Disagree 18 24
Strongly Disagree 0 0
Total 75 100
Strongly Agree
Agree
Disagree
Strongly Disagree
Inference: From the survey, it is found that 27% of the respondents strongly agree
that they get the rewards, feedback and recognition on the training of competency
training while 49% of them agree and 24% of the respondents disagree and 0 % of the
respondent strongly disagree that they don’t have rewards, feedback and recognition.
36
Table 4.10 Knowledge about their role
Strongly Agree 19 25
Agree 36 48
Disagree 16 21
Strongly Disagree 4 6
Total 75 100
Strongly Agree
Agree
Disagree
Strongly Disagree
Inference: From the survey, it is found that 25% of the respondents strongly agree
that they have knowledge on their role of JOB while 48% of them agree and 21% of
the respondents disagree and 6% of the respondent strongly disagree that they don’t
have knowledge on their role of JOB.
37
Table 4.11 Competency Mapping provides the Importance of Performance
management system
Strongly Agree 17 23
Agree 46 61
Disagree 9 12
Strongly Disagree 3 4
Total 75 100
Strongly Agree
Agree
Disagree
Strongly Disagree
Inference: From the survey, it is found that 23% of the respondents strongly agree
that competency mapping provides the importance of performance management
system while 67% of them agree and 12% of the respondents disagree and 4% of the
respondent strongly disagree that competency mapping provides the importance of
performance management system.
38
Table 4.12 Competency Mapping Increases Self-reliance and the initiatives
Strongly Agree 21 28
Agree 24 32
Disagree 22 29
Strongly Disagree 8 11
Total 75 100
Strongly Disagree
Disagree
Agree
Strongly Agree
0 5 10 15 20 25 30
Inference: From the survey, it is found that 28% of the respondents strongly agree
that competency mapping increases the self reliance and the initiatives while 32% of
them agree and 29% of the respondent disagree and 11% of the respondent strongly
disagree that the competency mapping increase the self-reliance and the initiatives.
39
Table 4.13 Competency matrices of Training
Strongly Agree 14 19
Agree 26 35
Disagree 29 38
Strongly Disagree 6 8
Total 75 100
Strongly Disagree
Disagree
Agree
Strongly Agree
0 5 10 15 20 25 30
Inference: From the survey, it is found that 19% of the respondents strongly agree
that they have competency matrices of training while 35% of them agree and 38% of
the respondents disagree and 8% of the respondents strongly disagree that they don’t
have competency matrices of training.
40
Table 4.14 Time limit
Strongly Agree 23 31
Agree 42 56
Disagree 6 8
Strongly Disagree 4 5
Total 75 100
Strongly Disagree
Disagree
Agree
Strongly Agree
0 10 20 30 40 50
Inference: From the survey, it is found that 31% of the respondents strongly agree
that they have completed their job on the stipulated time period while 56% of them
agree and 8% of the respondents disagree and 5% of the respondent strongly disagree
that they don’t have completed their job on the stipulated period.
41
Table 4.15 Increases the team performance
Strongly Agree 14 19
Agree 48 64
Disagree 8 11
Strongly Disagree 5 6
Total 75 100
Strongly Disagree
Disagree
Agree
Strongly Agree
0 10 20 30 40 50
Inference: From the survey, it is found that 19% of the respondents strongly agree
that it increases the team performance while 64% of them agree and 11% of the
respondent disagrees and 6% of the respondent strongly disagree that it increases the
team performance.
42
Table 4.16 Self Efficiency
Strongly Agree 12 16
Agree 45 60
Disagree 10 13
Strongly Disagree 8 11
Total 75 100
Strongly Disagree
Disagree
Agree
Strongly Agree
0 10 20 30 40 50
Inference: From the survey, it is found that 16% of the respondents strongly agree
that competency mapping increases the self efficiency while 60% of them agree and
13% of the respondents disagree and 11% of the respondent strongly disagree that the
competency mapping increases the self efficiency.
43
Table 4.17 Regular Skill Development
Strongly Agree 26 35
Agree 43 57
Disagree 4 5
Strongly Disagree 2 3
Total 75 100
Strongly Agree
Agree
Disagree
Strongly Disagree
Inference: From the survey, it is found that 35% of the respondents strongly agree
that there is regular skill development while 45% of them agree and 5% of the
respondents disagree and 3% of the respondent strongly disagree that there won’t
regular sill development.
44
Table 4.18 Creative Skills
Strongly Agree 20 27
Agree 45 60
Disagree 10 13
Strongly Disagree 0 0
Total 75 100
Strongly Agree
Agree
Disagree
Strongly Disagree
Inference: From the survey, it is found that 27% of the respondents strongly agree
that there is creative skill development while 60% of them agree and 13% of the
respondents disagree and 0% of the respondent strongly disagree that there is no
creative skills.
45
Table 4.19 Brings Out the Inner Skills
Strongly Agree 18 24
Agree 36 48
Disagree 15 20
Strongly Disagree 6 8
Total 75 100
40
30
20
10
0
Strongly Agree
Agree
Disagree
Strongly
Disagree
Inference: From the survey, it is found that 24% of the respondents strongly agree
that competency mapping brings out the inner skills while 48% of them agree and
20% of the respondents disagree and 8% of the respondent strongly disagree that
competency mapping brings out the inner skills.
46
Table 4.20 Helpful at the time of Challenging situation
Strongly Agree 28 37
Agree 33 44
Disagree 9 12
Strongly Disagree 5 7
Total 75 100
40
30
20
10
0
Strongly Agree
Agree
Disagree
Strongly
Disagree
Inference: From the survey, it is found that 37% of the respondents strongly agree
that competency mapping is helpful at the time of challenging situation while 44% of
them agree and 12% of the respondents disagree and 7% of the respondent strongly
disagree that competency mapping helpful at the time of challenging situation.
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Table 4.21 Increases the Self Motivation
Strongly Agree 16 21
Agree 41 55
Disagree 11 15
Strongly Disagree 7 9
Total 75 100
60
40
20
0
Strongly Agree
Agree
Disagree
Strongly
Disagree
Inference: From the survey, it is found that 21% of the respondents strongly agree
that competency mapping increases the self motivation while 55% of them agree and
15% of the respondents disagree and 9% of the respondent strongly disagree that
competency mapping increases the self motivation.
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Table 4.22 Develops the Work Ethics
Strongly Agree 26 35
Agree 31 41
Disagree 10 13
Strongly Disagree 8 11
Total 75 100
40
30
20
10
0
Strongly Agree
Agree
Disagree
Strongly
Disagree
Inference: From the survey, it is found that 35% of the respondents strongly agree
that competency mapping develops the work ethic while 41% of them agree and 13%
of the respondents disagree and 11% of the respondents strongly disagree that
competency mapping develops the work ethic.
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Table 4.23 Provides the Job Security
Strongly Agree 31 41
Agree 28 37
Disagree 14 19
Strongly Disagree 2 3
Total 75 100
Strongly Agree
Agree
Disagree
Strongly Disagree
Inference: From the survey, it is found that 41% of the respondents strongly agree
that competency mapping provides the job security while 37% of them agree and 19%
of the respondents disagree and 3% of the respondents strongly disagree that
competency mapping provides the job security.
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TESTING OF HYPOTHESIS
Chi square test is a statistical tool to test the hypothesis by comparing the observed
and expected frequencies of two quantitative variables.
Observed Frequencies
𝐑𝐱𝐂
Expected Frequencies (E =
𝐍
)
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Performance of the Employees (in ‘00s)
Year Before Competency Mapping After Competency Mapping Total
Ob Exp χ2 Ob Exp χ2
I 12 9.8 0.49 14 16.2 0.30 0.79
II 14 12.5 0.18 19 20.5 0.11 0.29
III 8 11.7 1.17 23 19.3 0.71 1.88
Total 34 34 56 56 2.96
The critical value or the table value at 5% level of significance (conventional) is 5.991
Here, the calculated value (2.96) is less than the table value (5.991) at 5% level of
significance and hence, by the rule of hypothesis testing, we accept the null
hypothesis.
The Null Hypothesis is proven true by the results of chi-square test. There is no
significant relationship between competency mapping and the performance of the
employees in the organization. It is to be noted that the opinion of the respondents
may not reflect the reality at times.
52
CHAPTER-V
CONCLUSIONS &
SUGGESTIONS
53
FINDINGS
From the survey, it is found that 56% of the respondents are male while 44% of
holder, 39% of the respondents are Post Graduated and while other 6% are
have completed the schools
From the survey, it is found that 53% of the respondents have the experience in
the field of HR and the rest 47% of the respondents have the respondents in
other fields.
From the survey, it is found that 21% of the respondents strongly agree that
they have knowledge on the competency Gap while 47% of them agree and
32% of the respondents disagree and 6% of the respondent strongly disagree
that they don’t have knowledge on the competency gap.
From the survey, it is found that 39% of the respondents strongly agree that
they got the recognition of competency mapping while 34% of them agree and
19% of the respondent disagree and 8% of the respondent strongly disagree that
they doesn’t have the recognition of competency mapping.
From the survey, it is found that 23% of the respondents strongly agree that
they have career development with the competent training while 48% of them
agree and 16% of the respondents disagree and 13% of the respondent strongly
disagree that they don’t have career development.
From the survey, it is found that 29% of the respondents strongly agree that
they have performance appraisal while 35% of them agree and 23% of the
respondent disagree and 13% of the respondent strongly disagree that they
don’t have performance appraisal.
From the survey, it is found that 27% of the respondents strongly agree that
they get the rewards, feedback and recognition on the training of competency
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training while 49% of them agree and 24% of the respondents disagree and 0%
of the respondent strongly disagree that they don’t have rewards, feedback and
recognition.
From the survey, it is found that 25% of the respondents strongly agree that
they have knowledge on their role of JOB while 48% of them agree and 21% of
the respondents disagree and 6% of the respondent strongly disagree that they
don’t have knowledge on their role of JOB.
From the survey, it is found that 23% of the respondents strongly agree that
competency mapping increases the self reliance and the initiatives while 32%
of them agree and 29% of the respondents disagree and 11% of the respondent
strongly disagree the same.
From the survey, it is found that 19% of the respondents strongly agree that
they have competency matrices of training while 35% of them agree and 38%
of the respondents disagree and 8% of the respondent strongly disagree that
they don’t have competency matrices of training.
From the survey, it is found that 31% of the respondents strongly agree that
they have completed their job on the stipulated time period while 56% of them
agree and 8% of the respondents disagree and 5% of the respondent strongly
disagree that they don’t have completed their job on the stipulated period.
From the survey, it is found that 19% of the respondents strongly agree that it
increases the team performance while 64% of them agree and 11% of the
respondent disagrees and 6% of the respondent strongly disagree that it
increases the team performance.
From the survey, it is found that 16% of the respondents strongly agree that
competency mapping increases the self efficiency while 60% of them agree and
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13% of the respondents disagree and 11% of the respondent strongly disagree
that the competency mapping increases the self efficiency.
From the survey, it is found that 35% of the respondents strongly agree that
there is regular skill development while 45% of them agree and 5% of the
respondents disagree and 3% of the respondent strongly disagree that there
won’t regular sill development.
From the survey, it is found that 27% of the respondents strongly agree that
there is creative skill development while 60% of them agree and 13% of the
respondents disagree and 0% of the respondent strongly disagree that there is
no creative skills.
From the survey, it is found that 24% of the respondents strongly agree that
competency mapping brings out the inner skills while 48% of them agree and
20% of the respondents disagree and 8% of the respondent strongly disagree
that competency mapping brings out the inner skills.
From the survey, it is found that 37% of the respondents strongly agree that
competency mapping increases the self motivation while 55% of them agree
and 15% of the respondents disagree and 9% of the respondent strongly
disagree that competency mapping increases the self motivation.
From the survey, it is found that 35% of the respondents strongly agree that
competency mapping develops the work ethic while 41% of them agree and
13% of the respondents disagree and 11% of the respondent strongly disagree
that competency mapping develops the work ethic.
From the survey, it is found that 41% of the respondents strongly agree that
competency mapping provides the job security while 37% of them agree and
19% of the respondents disagree and 3% of the respondent strongly disagree
that competency mapping provides the job security.
56
CONCLUSION
The success of any company lies mainly in the hands of the employee. They
are like the back bone to any company / industry. Though the company is very sound,
have good infrastructure, excellent rules and regulations. And if the employees are not
satisfied or not aware of the organizational needs and goals, it will be very difficult to
any industry to be successful. There will be a huge gap between the both. Competency
mapping integrates the organizational needs with the employee needs and creates a
transparency among them. It helps the employee to identify their inherent strengths
and weaknesses and helps them to be expertise in their fields.
The study shows that competency based practices are gaining momentum in the
field and the profession. The contradictions in certain areas of the findings depict the
dynamics of the evolving models of competency mapping. For example, the
acceptance of the competency based appraisal is very low, but the overall contribution
is the highest in the performance appraisal.
57
SUGGESTIONS
The researcher has put forward the ideas that can be applied in order to increase
the contribution of competency mapping among employees. Some of the key
suggestions that have been recommended are as follow.
The organization and the employees have to follow the competency mapping
on a regular base so that it brings development in the system.
The organization should make the employees to understand to know about the
competencies that are required for the job.
58
APPENDICES
59
QUESTIONNAIRE
DISCLAIMER: Thanks for participating in the research taken for the purpose of “A
STUDY ON COMPETENCY MAPPING IN THE FIELD OF INSURANCE
SECTOR”.
The information provided by you is highly valued for the research and will be
used for purely research purpose only and it will be kept confidential and won’t be
misused.
Personal Information:
Name : _______________
Gender : Male
Female
Transgender
Designation :
Education : Diploma/Degree
Post Graduate
Others
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Monthly Income : <Rs.20,000.00
Rs.20,001.00 – Rs.35,000.00
Rs.35,001.00 – Rs.50,000.00
>Rs.50,000.00
4. Competency mapping brings out the competencies of each and every employee in
your organisation.
Strongly Agree Agree Disagree Strongly Disagree
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7. Competency based performance is followed in your organisation.
Strongly Agree Agree Disagree Strongly Disagree
14. Competency based job appraisal leads to effective identification of training needs.
Strongly Agree Agree Disagree Strongly Disagree
17. Have you ever compare the work skills with your colleagues.
Strongly Agree Agree Disagree Strongly Disagree
19. Competency mapping increases your self-reliance and the initiatives you take.
Strongly Agree Agree Disagree Strongly Disagree
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20. Conducting competency based training will sharpen your skills.
Strongly Agree Agree Disagree Strongly Disagree
21. Competency mapping helps to complete your job within stipulated time period.
Strongly Agree Agree Disagree Strongly Disagree
25. Innovation plays an important role in building the competency and bridge the skill
gap.
Strongly Agree Agree Disagree Strongly Disagree
28. Competency training helps you to focus on your goals and objectives in a
challenging environment.
Strongly Agree Agree Disagree Strongly Disagree
29. You think that behaviour plays an important role in competency mapping.
Strongly Agree Agree Disagree Strongly Disagree
30. You think competency mapping provides job security in your organisation.
Strongly Agree Agree Disagree Strongly Disagree
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BIBLIOGRAPHY
BOOKS REFERRED:
MAGAZINES REFERRED:
WEBSITES:
www.whatishumanresource.com/competency-mapping
www.thecompetencygroup.com/selection/competency
www.tvrls.com/content.php?id=22
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