Effect of Work Related Variables on Human Resource Development Practices in Oriental Insurance Company Limited: A study of Regional Offices in Punjab and Haryana

The Oriental Fire General Insurance Company Limited was incorporated at Bombay on 12th September, 1947. To reflect the gamut of the operations of the Company, the name of the Company was changed in May, 1984 from ‘The Oriental Fire and General Insurance Company Limited’ to ‘The Oriental Insurance Company Limited’ (OICL) and at present the OICL is a public sector Company. The Company deals in all kinds of non life insurance business. The HRD is a mechanism, which ensures the development of employee’s dynamism, effectiveness, competencies and motivation in a systematic and the planned manner as it has multiple goals which include development of organizational climate through employees’ competency and improving their motivation