EAS Publisher | Impact of Promotion on Employees Performance of LIC of India with Special Reference to Pasighat, Naharlagun and Itanagar Branches

Impact of Promotion on Employees Performance of LIC of India with Special Reference to Pasighat, Naharlagun and Itanagar Branches

DOI : https://doi.org/10.36349/EASJEBM.2020.v03i01.001

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LIC of India being a public sector corporation follows the rules and regulations prescribed by the Central Government of India from time to time. The present study reveals that, there is a high scope of promotion in LIC of India as 91 percent of the sample respondents have strongly agreed on availability of promotional opportunities. The present study unveiled a fact that, the employees’ unions of LIC of India don’t much interrupt in the promotional matters of its members. It is also noticed that, LIC of India has its own well defined promotion policies and accordingly, follow the same. The employees of the study units also hold a positive attitude on boosting of moral due to promotions as majority of the respondents have shown agreement to this. Moreover, the study has revealed that, out of turn promotion for outstanding employees has positive impact on their performance. The calculated Chi-square value is 48.167. Whereas, the table values at 0.05 level of significance is 9.49 (at Degree of freedom= 4). Thus, the calculated value of Chi-square is much greater than the table value which alludes to significant impact of out of turn promotion of employees on employees’ performance.

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