Kathmandu. employees working in the insurance sector have been found to be dissatisfied with the salary and promotion system. A study conducted by the Insurance Authority of Nepal has shown that the employees of the insurance sector are more dissatisfied with the salary and promotion system.

According to the study, 42 percent of the employees working in the insurance sector are dissatisfied with the salary of the employees working in the insurance sector compared to the banking sector and the market.

Similarly, 35 percent of the employees surveyed said that the basic salary and allowances were not enough, while 38 percent of the employees expressed dissatisfaction that the promotion system was not fair.

Those who express dissatisfaction with the salary and promotion system have said that nepotism is more dominant than work, experience and qualifications in the insurance sector. They have expressed dissatisfaction saying working in the same post for 5 to 9 years is not promoted, but after 1-2 years of working on the basis of access.

Since then, 4 1 percent of employees said that non-financial benefits such as medical treatment, leave, housing and employee loans are inadequate.