The Impact of Human Resource Management Practices on Employee’s Job Performance: A Study on Insurance Companies in Ampara District

Abstract

This research investigated the impact of human resource management practices such as compensation, training and development and promotion policies on employees' job performance in Ampara district insurance companies. A total number of 100 questionnaires were distributed to all employees in the insurance companies in the Ampara district. This study used the survey method. Self-administered questionnaires were distributed among the respondents to collect the data. The data that was gathered was presented in graphs and tables to explain the pattern of responses. Results obtained from descriptive, correlations and regression analyses were used for interpretations. This study has indicated that compensation, training and development, and promotion policy have an impact on employee’s job performance. Results 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. This research has shown that the employees who work in the insurance companies in the Ampara district are aware of 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. This study reveals that human resource management practices are important to the insurance company employees to increase their job performance.