Abstract:
Purpose: This research was conducted investigated the impact of human resource
management practices namely compensation, training and development and
promotion policy on job performance of employees in insurance companies in
Ampara district.
Design/methodology/approach: A total number of 100 questionnaires were
distributed to the all employees in the insurance companies in Ampara district. This
study used the survey method. Self-administered questionnaires were distributed
among the respondents to collect the data. Gathered data were presented in graphs
and tables to explain the pattern of responses. Results obtained from descriptive,
correlations and regression analyses were used for interpretations.
Findings: This study has indicated that compensation, training and development,
promotion policy have impact on employee’s job performance. Result indicated that
compensation showed a positive correlation with job performance, the regression
analysis suggests it may not be a significant predictor. Training and development,
promotion policy was confirmed to have positive and significantly associated with
employee’s job performance in insurance companies in Ampara district.
Practical implications: This research has shown that the employees work in the
insurance companies in Ampara district are aware about their human resource
management practices impact on employee’s job performance. This finding will be
useful for insurance companies to increase employee’s job performance.
Originality value:
This study reveals that human resource management practices is important to the
insurance company employees to increase their job performance.
