International Journal of Business Management Insight & Transformations [ISSN: 2581-4176 (online)]

Foundations and Evolution of Social Insurance Programs: From Principles to sustainability

Rujittika Mungmunpuntipantip

Social insurance programs play a crucial role in providing protection and support to individuals against various risks such as unemployment, illness, disability, and old age. This chapter explores the fundamental principles that guide social insurance programs, including universality, redistribution, solidarity, and sustainability. It also delves into the historical development and evolution of social insurance, highlighting how these programs have expanded to address the changing social and economic needs of populations around the world. The chapter also discusses the challenges of ensuring the long-term sustainability of social insurance systems and the different types of insured persons and benefits provided by these programs.

Embracing Diversity: Navigating an Aging Society and Strategic Business Planning

Rujittika Mungmunpuntipantip

This paper explores the significance of population diversity, the challenges of an aging society, the relationship between business and population, aligning business strategies with population diversity, and the importance of strategic planning. By examining these topics, we can better understand the impact of population dynamics on businesses and society as a whole.

Unleashing the Leader Within: Key Strategies for Personal Development

Rujittika Mungmunpuntipantip

This article explores the concept of leadership, its significance in personal growth and professional success, and the steps to take for effective self-leadership. It delves into the importance of setting goals, self-analysis, identifying strengths and areas for development, and implementing appropriate strategies for personal growth. Furthermore, it provides insights on how to reward oneself and track progress towards achieving true success.

The Power of Service: How Love Transforms Our Interactions

Rujittika Mungmunpuntipantip

This paper explores the profound impact of serving others with love. It delves into the various ways in which acts of service can cultivate a culture of positivity, connection, and empathy. By highlighting the transformative power of love in service, this study illustrates how simple gestures can have a lasting ripple effect on individuals and communities.

Role of Government Scheme for Entrepreneurship Development: A Critical Study

Dr. Jai Jayant

Governments worldwide implement various initiatives to foster entrepreneurship and support small business development programmes. Emerging as the world’s third-largest startup ecosystem. Government policies and programs promote entrepreneurship and investing in new ventures. This paper examines various government policies and programs towards the development of entrepreneurship in INDIA. The Government of India and the Ministry of Micro, Small, and Medium Enterprises have launched more than 21 schemes to empower startups and MSMEs in India. In this paper, we have listed out 21 govt. schemes to promote entrepreneurship in India that are specially for startups or entrepreneurs who are looking to get help from these schemes such as Startup Leadership Program (SLP), Startup India Initiative and Credit Guarantee Trust Fund etc. The government has prioritized the establishment of high-quality incubators and accelerators across the country to foster collaboration, innovation, and knowledge exchange among entrepreneurs. The research underscores the vital role played by government funds and initiatives in overcoming financial barriers and empowering startups to pursue innovative ideas. As of March 14, 2024, there were 1,23,900 DPIIT -recognised startups, with at least one recognised startup in every stateas of December 31, 2023. The recognised startups have generated direct employment for over 12 lakh individuals. Startups have been at the forefront of innovation -introducing new technology, product and services that could change the world while generating jobs, establishing valuable enterprises’& innovations.

An Overview of Attrition in the Jamaica Constabulary Force

Rudolph Seaton

Introduction: For decades, the Jamaica Constabulary Force (JCF or Force) experienced high attrition rates among its members. An author in The Jamaica Gleaner quoted Major General Antony Anderson, a former Commissioner of the Jamaica Constabulary Force, on June 3, 2023, indicating that the Force was "facing the loss of approximately 450 JCF members annually." The departure of over 450 members annually will lead to a loss of experienced officers, which can affect the Force's overall performance and ability to maintain public safety. The Economic and Social Survey of Jamaica for 2022 supported the Gleaner report. A 2023 report by the Private Sector Organization of Jamaica (PIOJ) showed that 336 officers left the JCF in 2022, with resignations accounting for 43.7% (146 officers), while 39.1% (131 officers) retired, and ten (10) officers died tragically. During the same period, 564 persons (452 males and 112 females) joined the Force, 28 fewer than in 2021 (Economic and Social Survey of Jamaica, 2022).

Objectives: This research aims to analyse career development opportunities as determinants of attrition among the JCF, investigate external societal perceptions and economic conditions that may contribute to attrition within the JCF, and assess the impact of job satisfaction on attrition rates within the JCF.

Methods and Materials: A standardised web-based questionnaire was used to collect data from members of the Jamaica Constabulary Force using data from January 2016 to December 2019, as well as an interview schedule to obtain qualitative data.

Conclusion: Culture, compensation, satisfaction, and demographic factors are all determinants of attrition in the JCF. Attrition amongst males is more prominent than among females.