After reading this chapter, you should be able to:
Understand the objectives, characteristics and types of promotion
List the criteria for promotion
Explain the essentials of a sound promotion policy
Understand the objectives, characteristics and types of demotion
List the types of transfers and separations
The New India Assurance Company Limited is a leading global insurance company with a significant presence in India and abroad. The company has a workforce of nearly 21,000 employees engaged in more than 1,068 offices. It offers personal, commercial, industrial, liability and social insurance policies. It is the only insurance company in India to be given an “A” (Excellent) grade by A. M. ...