hrm

1. Human Resource Management . Job Evaluation In Bank & Insurance Company

2. Members

3. LIFE INSURANCE CORPORATION OF INDIA

4. INTRODUCTION The Life Insurance Corporation of India (LIC) (Hindi भारतीय जीवन बीमा निगम) is the largest state-owned Life Insurance company in India and also the country's largest investor. It is fully owned by the Government of india

15. Job Description A job description is a board statement of the purpose, scope, duties, and responsibility of a particular job.

16. JOB SPECIFICATION A job specification is a statement of the minimum acceptable human qualities necessary to perform a job properly

19. Classification method:

20. Factor comparison method:

22. Grading method

23. Point system method

25. BENEFITS OF JOB EVALUATION

26. COMPARATIVE STUDY OF LIC & ICICI LIC VS ICICI

28. No of Offices

29. First Year Life Insurance Premium

31. Award – Recognition

32. Honouring of the Commitment

33. Advanced Technology

34. Social Strength

35. People's Money for People's Welfare

38. PRACTICAL ILLUSTRATION In 1956, the life insurance business of all companies was nationalized and a single monolithic organization, the Life Insurance Corporation of India (LIC), was set up. Today, life insurance is almost entirely IN the hands of the LIC.

40. Step 2: Develop a Mission Statement or Statement of Intent

41. Step 3: Conduct a SWOT analysis of the organizationStep 4: Conduct a detailed human resources analysis

42. Step 5: Determine critical people issues