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  Published Paper Details:

  Paper Title

NEW CHALLENGES AND OPPURTUNITIES FOR EMPLOYEES IN INSURANCE SECTOR DURING COVID-19

  Authors

  Dr. Gita Rani Sahu

  Keywords

CORPORARTE SECTORS, COVID-19, INSURANCE SECTORS, JOB ATTRITION, JOB OPPURTUNITIES, PANDEMIC, RETRENCHEMENT

  Abstract


"Insurance" has been playing a very crucial role from the beginning of the 19th Century. Its an intensive business in human life. The different type of policies of insurance sectors whether its public or private have been putting positive impact on the life of the people. Keeping an eye over today's competitive global market, the insurance sectors open the door for the better career opportunities for the youth. Getting a Job in Insurance Sector directly shows the status symbol of the employee. Instead of all the safe sides, employees face many challenges in different situations and the job opportunities also varies. During COVID-19, this year has totally changed the working culture in corporate sectors. Employees of these sectors declared essential by the State and Central Government and their work was taken as mandatory functions. For this, employees faced a high risk of exposure of Covid 19. Risk increased very fast because of unregulated safety measures, lack of protective equipment and crowded settings for the employees of these sectors. During this epidemic, many important factors arose-such as Job Security, Inadequate Paid Sick Leave, Salary Cut, Retrenchment, High Job Attrition, Low Socio-Economic Status. This study aims at understanding the challenges and opportunities faced by employees of this sector during the period of COVID-19. This study also suggests practices and methods to be adapted by companies during pandemic.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2402016

  Paper ID - 249839

  Page Number(s) - a148-a153

  Pubished in - Volume 12 | Issue 2 | February 2024

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Dr. Gita Rani Sahu,   "NEW CHALLENGES AND OPPURTUNITIES FOR EMPLOYEES IN INSURANCE SECTOR DURING COVID-19", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.12, Issue 2, pp.a148-a153, February 2024, Available at :http://www.ijcrt.org/papers/IJCRT2402016.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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