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Research into Issues in Insurance Compensation and Performance Management and Staff

Author: CaoZuoZuo
Tutor: QinFangMing
School: Xinjiang University
Course: Business Administration
Keywords: insurance compensation performance personnel retained
CLC: F272.92
Type: Master's thesis
Year: 2013
Downloads: 33
Quote: 0
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Abstract


The insurance industry is a knowledge-intensive industry, talents with basic,strategic, decisive role, our country insurance talents has become the bottleneckof the development of China’s Insurance industry. Only the comprehensiveutilization of various resources, increase the retention of talent, training,insurance, Chinese insurance industry can promote the competitive power, togive full play to the insurance economy "booster" and social "stabilizer" role,the construction of a socialist harmonious society and building a well-off societyand. With the talent cultivating insurance is prevalent in the major insurancecompanies issue.At present, the insurance industry in the changing age, in the fiercecompetition in the market, in addition to enhance the professional ability andmarketing ability of service personnel, but also must constantly upgrade theservice quality of customer service, to ensure the long-term good relations of theinsurance contract, and the establishment of the company in the marketreputation and brand image and customer trust. Compensation is one of theimportant tools in human resources management, essentially functionalcompensation performance effectively to the organization’s development, withexternal competitiveness, internal equity and individual equity and goodcompensation performance. The external competitive staff and other enterpriseshave high sense of superiority, to attract talents. Internal equity that employeesand companies within the same contribution employees receive the same pay,able to retain talent. Individual fairness so that employees feel that the potentialis sufficient reward, to encourage the talents. Because the compensationperformance and the overall organizational strategy links,[2] has become thebiggest challenge towards the twenty-first Century salary management. Thecurrent insurance compensation performance is not the same, in this competitive and changing environment, how to take this weapon compensation performancemake the enterprise has the biggest advantage, is the most concerned about thehuman resource management issues.Insurance marketing system, in general the salary is the main source of theCommission, but in the past two years, the insurance company to financialassistance program to cultivate new staff, in order to improve the quality ofservice personnel, and increase the retention rate. Two kinds of compensationperformance of the business personnel of the compensation and performancemanagement, work values and job satisfaction is the focus of this study is toexplore the.The fair distribution of the salary is a very important management decisions.Incentive theory assumes that there are inseparable relationship efforts,performance, compensation between the three. Domestic and foreign scholarsgenerally believe that the compensation can effectively improve staff motivationand job satisfaction, but few scholars in different compensation managementsystem of compensation and performance management and work valuesinfluence on job satisfaction and staff retention. The research is put forwardaccording to this problem, have certain practical significance.

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CLC: > Economic > Economic planning and management > Enterprise economy > Enterprise planning and management decision - making > Corporate Administration > Personnel Management
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