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INTRODUCTION:
Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company headquartered in Mumbai. Over 245 insurance companies and provident societies were merged to create the state owned Life Insurance Corporation.
EMPLOYEE MOTIVATION:
To retain good staff and to encourage them to give of their best while at work requires attention to the financial and psychological and even physiological rewards. As staffing needs will vary with the productivity of the workforce so good personnel policies are desirable.
EMPLOYEE EVALUATION:
To improve organizational performance To identify potential To provide an equitable method of linking payment Advising top management
INDUSTRIAL RELATIONS:
Good industrial relations, while a recognizable and legitimate objective for an organization, are difficult to define since a good system of industrial relations involves complex relationships between: Workers Employers The government and legislation and government agencies
TRAINING
AND
Develop workers to undertake higher-grade tasks Provide the conventional training of new and young workers Raise efficiency and standards of performance. Meet legislative requirements Inform people From time to time meet special needs arising from technical, legislative, and knowledge need changes.
CONCLUSION:
The department and HR have to change in many ways. The rate of change is likely to Increase quickly and public and political expectations of service levels will continue to rise.
Good leadership is essential for effective change, and this is one of the main themes of this strategy.
We need to involve staff to change and improve our business and service delivery.
REFERENCES:
http://www.newsorganizer.com/search/LIC-check/
http://www.com/HRM http://www.cracked.com/funny-6135-free-Training/
http://www.hrm.com/free-content/policies/
http://en.wikipedia.org/wiki/promotion