Sumedha Journal of Management
  • Year: 2015
  • Volume: 4
  • Issue: 4

Determinants of Employee Empowerment Enhance the Efficiency among the Employees of Private Sector Life Insurance Companies in Chennai City

  • Author:
  • Jayanthi Lakshmanaswamy
  • Total Page Count: 11
  • Page Number: 114 to 124

Associate Professor of Commerce, Govt. Arts College, Nandanam, Chennai-600 035, Tamil Nadu, Email: jayanthisanj@gmail.com

Online published on 16 January, 2016.

Abstract

The concept of Employee empowerment is giving employees a certain degree of autonomy and responsibility for decision-making regarding their specific organizational tasks. The employee empowerment is rapidly gaining popularity and is used in workplace to retain quality employees. It is the art and science of engaging people in authentic and recognized connections to strategy, roles, performance, organization, community, relationship, customers, development, energy, and wellbeing to leverage, sustain, and transform work into results. Since the employee empowerment is about both the heart and the mind, it stands for the extent to which the employees are groomed in terms of job involvement, organization commitment and job satisfaction. This study examines the factors that influence employee empowerment and measures the overall level of employee empowerment in private sector life insurance companies in Chennai city. Sample for the study was collected from 200 marketing managers working in private sector life insurance companies in Chennai city. The data were collected with the help of a structured questionnaire and analyzed using frequency distribution, factor analysis and one-sample t test and ANOVA applied to attain the objectives. The findings reveal the various factors that influence the level of employee empowerment and suggest measures to improve it. From the study, it is concluded that vibrant measures of employee empowerment are needed for achievement of organization goals.

Keywords

Employee empowerment, job satisfaction, consumer, life insurers and organizational goals