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WORK-LIFE BALANCE AMONG EMPLOYEES WORKING FOR INSURANCE SECTOR
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Author(s):
DR. POTHURAJU VIJAYA LAKSHMI
Vol - 8, Issue- 8 ,
Page(s) : 117 - 125
(2017 )
DOI : https://doi.org/10.32804/IRJMST
Abstract
The insurance industry of India consists of 53 insurance companies of which 24 are in life insurance business and 29 are non-life insurers. Among the life insurers, Life Insurance Corporation (LIC) is the sole public sector company. Apart from that, among the non-life insurers there are six public sector insurers. In addition to these, there is sole national re-insurer, namely, General Insurance Corporation of India (GIC Re). Other stakeholders in Indian Insurance market include agents (individual and corporate), brokers, surveyors and third party administrators servicing health insurance claims. The job nature of insurance employees is very impatience as it involves long working hours, inappropriate reward system, and lack of job independence, insufficient facilities and role of ambiguity. Work-life balance refers to various attributes of an individual’s perspective.
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