A study on organisational climate of general insurance companies in thiruvananthapuram district kerala state

Abstract

Organizational climate surveys are an excellent tool to supply newlineinformation about employee perceptions and have been successfully used in newlinea range of organizational settings. Although the insurance industry newlinerepresents a fairly large employment sector, this methodology of assessing newlinethe perception of employees for improving its management and operational newlinesystem is rarely resorted to. It is more relevant at this juncture for the Indian newlineinsurance industry, whose prominent players are state owned enterprises. newlineThese units are at a crossroads, as they prepare themselves to face the newlinecompetition from the private entrants. It should be of crucial importance to newlinethe managers of these units to know the perception of employees about the newlinework environment. As the insurance industry grows and competition newline35 newlinebecomes stiffer, retaining best talents in the company may become a newlinechallenge for every public sector unit. The opportunity that the best brains newlineserving the public sector will get from the private players will be very hard newlineto resist. This may result in drain of human resources from the public to newlineprivate sector. It is therefore necessary for the PSUs to ascertain the newlineperception of its employees and act accordingly. newlineThe General Insurers Public Sector Association (GIPSA) Companies newlinehave been selected as the organization on for the study because they are the newlineonly public sector companies in general insurance sector and it will be useful newlineto study the dimensions of climate of such units to make inferences about the newlineimpact of privatization. newline