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Performance Evaluation in the Insurance Industry- an Analytical Study

並列摘要


The importance of studying organizational commitment and job satisfaction is that organizations who depend on positive relationships with clientele and co-workers cannot afford to have employees who are not committed to the organization and could not have or frame HR policies for the people who leave the organization within a short span of time. Employees of public sector insurance companies are supposed to have less turnover intention as most of the seniors are already in the verge of retirement and others in the middle order have a job security and higher salaries in comparison to private sector. The senior employees of existing public sector insurance companies are also flooded with opportunities in private sector. Hence the current study aims at exploring the various factors of job satisfaction in relation to public sector insurance companies and its relation to organizational commitment. The results of the PLS-SEM proved that there is direct positive significant relationship between job satisfaction and organizational commitment.

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