ICTACT Journal on Management Studies

M. J. Senthil Kumar ¹, P. Sundara Pandian ²

Affiliations
1 Department of Commerce, Sri Kaliswari College, IN
2 Virudhunagar Hindu Nadars' Senthikumara Nadar College, IN

Abstract

Sales representatives play a critical role in the development and sustainability of their business through the selling of products and services. It is not an easy job. The Medical Sales representative profession is a high-risk sector for job stress with negative consequences for individuals. It requires more skills, wider knowledge and emotional stability than the other profession. Due to extensive traveling, wandering and waiting time, target issues, work-life balancing problems and lack of job security the medical representative feels exhausted. The target issues, waiting time and adjusting family/personal obligations are therefore charged with feelings of anger, embarrassment, fear or despair. It becomes more ambiguous and frustrating. At that time the medical representatives' chronic stress can be emotionally draining and lead to burnout. So the pharmacy institution must provide more attention to prevent and reduce the burnout of the medical representatives, otherwise the institution will lose its reputation.

Keywords

Burnout, Frustrating, Medical Representatives, Stress and Work-Life Balancing Problems.

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P. Sundara Pandian ¹, M. J. Senthil Kumar ²

Affiliations
1 Virudhunagar Hindu Nadars’ Senthikumara Nadar College, IN
2 Department of Commerce, Sri Kaliswari College, IN

Abstract

For the success of any organization, job satisfaction is vital importance. The employees who are satisfied with the job are the biggest assets. The employees who are not satisfied are biggest liabilities. The organization cannot achieve its goals and target unless its workforce who constitutes the organization is satisfied with his/their job. Job satisfaction plays important role in the happiness and prosperity of the individual and the organization which has employed them. The needs of the workers, their undertaking and their aspiration have undergone a rapid industrial growth. Therefore, the attitude and behaviour of men have become an object and critical study for behavioural scientists these days. Printing industry is less risky compare with matches and fireworks. Therefore employers do not care about the working conditions. As a result it leads to poor working condition and welfare facilities. To reduce the cost of production, most of the printing presses are not providing the adequate welfare facilities to their labour and their compensation plans are also not attractive one. It reduces the job satisfaction of the labour and increases the labour problems. Ultimately it reduces the quality of the product as well as increases the labour turnover. This paper analyses the job satisfaction and problems faced by the employees in printing industry.

Keywords

Job Satisfaction, Welfare Facilities and Working Conditions.

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M. J. Senthil Kumar ¹, P. Sundara Pandian ², N. R. Nagarajan ¹

Affiliations
1 Department of Commerce, Sri Kaliswari College, IN
2 Virudhunagar Hindu Nadars’ Senthikumara Nadar College, IN

Abstract

There are numerous risks in everyday life of human beings. The chances of occurrences of the events causing losses are uncertain because the risk may or may not take place. Insurance is assurance against these instabilities of life.
Many of the rural populations do not have any kind of security/ insurance scheme. In order to provide the accidental insurance coverage to all people especially to rural and unorganized workers, the Government of India launched insurance scheme namely Pradhan Mantri Suraksha Bima Yojana (PMSBY). The motto of the scheme is covering the uncovered, serving the unserved and blessing the unblessed segment of the society and ensure that no Indian citizen will ever worry about accidents or disabilities.
Nearly 18.22 crore Indians were benefited by this scheme during the financial year 2019-2020. By implementing PMSBY scheme the Government is heading towards the vision of “New India-Swasthse Samriddhi”. This article highlights the details of the PMSBY scheme and its progress.

Keywords

Uncertain, risk, Insurance, Unorganized Workers, PMSBY.

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M. J. Senthil Kumar ¹, P. Sundara Pandian ²

Affiliations
1 Department of Commerce, Sri Kaliswari College, IN
2 Virudhunagar Hindu Nadars Senthikumara Nadar College, IN

Abstract

In India, a large proportion of India’s population is without insurance of any kind, that is, health, accident or life. In order to facilitate penetration of insurance to the lower income and unorganized employee, Government of India launched two innovative term insurance schemes namely Pradhan Mantri Jeevan Jyoti BimaYojna (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) on 09 May, 2015 from Kolkata with the motto of “Jan Dhan se Jan Suraksha” Social inclusion through financial inclusion. The primary motto of these schemes is to creating a universal social insurance system, targeted especially for the poor and the under-privileged people. The number of beneficiary during the financial year 2019-2020 was 18.22 crores and 6.85 crore in PMSBY and PMJJBY, respectively. The number of subscribers under these schemes is raises at increasing pace. Therefore it is necessary to investigate about the policyholder’s attitude towards the social insurance scheme. The study found that, publication of social insurance scheme performance, extending the risk coverage like medi-claim benefits, temporary sickness benefits in addition to the existing coverage, offering concessional premium amount to existing policyholders to renew their policy of the scheme, joint policy features, will definitely attract many people and increase the insurance penetration rate.

Keywords

Penetration, PMJJBY, PMSBY, Social Inclusion, Unorganized Employee.

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