Abstract:
In the field of Human resource management, the involvement of spirituality is only increasing. For recent day's HR challenges
everyone from academicians to practitioners are favoring spirituality to solve problems. One can see the negative impacts of
these HR related problems on every industry and the big Indian Insurance industry is also no different. The presented paper is
mainly aimed to focus upon specific HR issues of Indian Insurance companies and how workplace spirituality affects them.
Among all the HR issues such as work motivation, employee engagement and managerial effectiveness are the major ones where
companies need improvement and the spirit of Spirituality at work can do the task for them. This research paper also
acknowledges the gaps between conceptual and factual usage of the workplace spirituality concept. By successfully adding one
more dimension (karma capital) of Indian spiritual values, this paper supplements literature here. Moreover, this paper is one of
the pioneer studies that is based upon necessary condition analysis to explore workplace spirituality. Workplace spirituality is
an essential principle of employee engagement, motivation and managerial effectiveness and their relationship is further
examined by correlation matrix and regression analysis.
