Enhancing Organizational Success Through Effective Employee Engagement: A Case Study Of LIC Amravati Town

Abstract

Employee engagement plays a pivotal role in shaping organizational success, influencing productivity, morale, and overall performance. This research delves into the dynamics of employee engagement within the Life Insurance Corporation (LIC) Amravati Town , situated in the western region of India, leveraging a combination of qualitative and quantitative methodologies. A stratified disproportionate random sampling method was employed to select 75 employees from a total population of 120 across three LIC offices in Amravati town. Factors such as organizational culture, leadership styles, communication practices, recognition and reward systems, and opportunities for personal and professional growth are explored as determinants of employee engagement. Through surveys, interviews, and analysis of organizational performance metrics, this study evaluates the current state of employee engagement and its relationship with organizational success indicators such as productivity, customer satisfaction, financial performance, and retention.

Results from hypothesis testing indicate that while organizational culture, leadership style, recognition and reward systems, and opportunities for growth are recognized as crucial elements, their direct correlation with employee engagement within LIC Amravati Town  is not statistically significant. Additionally, the predictive power of employee engagement on retention is revealed to be weak, lacking statistical significance. These findings contribute to a nuanced understanding of the complexities surrounding employee engagement in the context of LIC Amravati Town , offering practical implications for enhancing organizational performance through targeted strategies aimed at fostering a more engaged workforce.