The Effect of Human Resource Performance Management on Efficiency: the Case of Ethiopian Insurance Corporation (EIC). (Based on Staffs Opinion survey)

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Date

2008-06

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Addis Ababa University

Abstract

This study mainly intends to explore whether there are any undesirable challenges and problems (limitations) in the implementation process of human resource performance management in one of the public owned enterprises i.e. the Ethiopian Insurance Corporation (EIC). The main objective of the study is to assess and identify the challenges encountered in the process of implementation of human resource management in the Corporation whcih closely examined. To this end, both the primary and secondary data were gathered through questionnaires and various documents; and analyzed quantitatively through frequency and percentage values. The results provided indicate towards the following conclusions. In the process of setting strategic planning and performance planning the involvement of employees is not sufficient, training and development of staffs in EIC is not programmed or scheduled, the existing performance evaluation of the employees of the Corporation is more of behavioral measurement rather than achievements oriented, and the rewarding policy of the Corporation is not clear. Relying on the above conclusions, among others, some of the recommendations are given based on the findings include that, in the process of setting vision, mission, strategic plan and performance standard, employees have to participate actively and adequately and the strategic plan has to be cascade to lower level units further more. The conducting performance appraisal system has to be more of result oriented than behavioral measurements, and to enhance the efficiency of employees, there should be clearly stated policy regarding rewards to high performers and actions against to below average performers

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Ethiopian insurance corporation

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