Factors Influencing Human Resource Planning Among Insurance Firms in Kenya

Abstract

This study sought to determine the factors that influence human resource planning among insurance firms in Kenya. The target population was all the insurance companies in Kenya (49). The study adopted descriptive research design where the respondents were the chief executive officers and human resource managers. Two questionnaires were given to each of the insurance companies. Primary data was collected through questionnaires. Data obtained was analyzed using descriptive statistics. The outcomes of the study were presented in tables. There were a large percentage of male respondents who took part in the study compared to females, implying the two top positions in the insurance firms are dominated by men. The study results indicated that technological changes, organizational structure, attrition rate, availability of scarce and critical skills and government policy had a significant influence on human resource planning. It was concluded that most of the insurance companies have adopted human resource planning. The study recommended that insurance firms embrace the changing times and adopt state of the art technology in developing the human resource blue prints. Firms should also adopt human resource planning to help them design the most appropriate organizational structure, to curb the turnover while acquiring and maintaining a sustainable pool of employees.