THE IMPACT OF MANPOWER DEVELOPMENT IN INSURANCE INDUSTRY (STUDY OF NIGER INSURANCE PLC)
ABSTRACT: This research study is an attempt to X-ray and given an indepth analysis of the importance and effectiveness of training programmes in Niger Insurance Plc. Training is a vital and necessary activity in all organization, it plays a large part in determination, it plays a large part in determining the effectiveness and efficiency of the organization. Therefore, every organization should continually train its employees for attainment of its goals and objectives. For the purpose of this research of the researcher made use of data collected through primary and secondary sources primary data were collected by the researcher himself directly from oriental insurance of Nigeria, Plc through oral interview and questionnaire. In addition, the data collected were analysed. In analyzing the data were first presented in tables and them interpreted and analysed graph were also used in some curses to demonstrate result. The finding disclose that training programmes are available and that every employees benefits from the programme in the company. Thus, in conclusion the researcher emphasizes the need for continuous training of employees.
TABLE OF CONTENTS
CHAPTER ONE
INTRODUCTION 1
1.1 Background of the Study 3
1.2 Statement of the Problem 4
1.3 Objectives of the Study 5
1.4 Research Question 6
1.5 Significance of the Study 7
1.6 Delimitations, Scope and Limitations of the Study 8
1.7 Definition of Operation Terms 9
CHAPTER TWO
2.1 Review of Related Literature 11
2.2 Definition and Meaning of Training 11
2.3 Objectives of Training 14
2.4 Reduces Costs of Waste and the
Number of Accidents 16
2.5 Evaluation of Training 16
2.6 Principles and Techniques of Training 18
2.7 Methods of Manpower Training 22
2.8 Demonstration an Example 24
2.9 Programmed Instructor 26
2.10 Audio-Visual Aids 27
References 28
CHAPTER THREE
3.1 An Overview 29
3.2 Primary Data 29
3.3 Secondary Data 30
3.4 Population of the Study 31
3.5 Sample Size 31
3.6 Sample and Sampling 32
3.7 Reliability of the Instrument 33
CHAPTER FOUR
4.1 Summary of Findings 34
4.2 Discussion of Findings 35
CHAPTER FIVE
5.1 Conclusion 38
5.2 Recommandations 39
Bibliography 41
Appendix 43
CHAPTER ONE
INTRODUCTION
The importance of human resources in an organization cannot be over-emphasized. Every organization cannot depend more on this resources for attainment of its objectives. However, the objectives cannot be achieved unless the organization is made up of the employees who have skills, knowledge and abilities to work. Although employees may have the abilities, skills and knowledge but in the long run, they may find it very difficult to cope with their jobs due to many factors such as organization charges, job charges, technological changes and so on.
Therefore management involves manpower training and development as one of its various activities. When workers are employed they are due for retirement but they are being trained in order to increase their abilities, skills and knowledge.
Experience has shown that may employees have failed in organization because their need for training was not identified or provide for as an indisperiable part of management function. However, employees are not just trained for their own benefits only, but the organization manpower training program is a very important activity management afford to miss because of its various objectives. A lot of reasons explain why organization carryout manpower training.
These include:
Considering the benefits of manpower training mentioned above, one is forced to stay that manpower training is indispensably necessary for attainment of organizational goals. A substantial amount of money is needed for his program but it is regarded as money well invested because of its various benefits.
Infacts the importance of manpower training cannot be over emphasized. It pays a lay part in determining the effectiveness and efficiency of the organization.
HISTORICAL BACKGROUND OF NIGER INSURANCE PLC
Niger Insurance Pc was granted and licensed by the federal minister of finance with the authority of the president in council on 12th June, 1987, The oriental insurance started full operation with share capital of twenty is full indigenous. It is owned by Nigerian citizens, associations, Anambra State Government, Enugu State Government and Ebonyi State Government.
1.2 STATEMENT OF THE PROBLEMS
Some organization performs better than others; training of manpower is not considered necessary. Organization training some category of employees. Manpower training have really effected oriental insurance company achieve its goal.
Selecting of worker to be training of worker trained are normally done by the management.
The head office of the oriented insurance is located at a city. The oriental insurance is located at a city. The oriented insurance is controlled by Board of Directors.
The Board of Directors is made up of eight members, However, the day to day management of the bank is in the hands of the management. For now the oriental insurance has branches in Enugu, Onitsha, too at Lagos, Nnewi and Aba. However, more branches are being planed for Kano and other major cities in Nigeria. The branches are headed by branch manager.
1.3 OBJECTIVES OF THE STUDY
Following the problem already stated above it is the objectives of this research to determine the following.
1.4 RESEARCH Questions
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