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Showing posts with label insurance industry. Show all posts
Showing posts with label insurance industry. Show all posts

February 2, 2016

employee turnover vs salary comparison by industry verticals

"industry employment turnover rate : govt sector vs private sector"
Turnover rates vs median experience vs salary comparison chart

Amazon and Google   provide the highest salaries across technology industry, however Google's average pay of over $107,000 as compared to Amazon's $93,000 ( This  salary is for candidates  with just one year experience at the individual companies) Amazon pays about $14,000 lower salary than Google. The median age for such salary packages  was just 29 at Google and 32 for amazon

Across  Insurance sector for mutual funds, mass mutual life insurance pays $80,000 (median pay)  compared to American Family Life Assurance whose median pay was $38,000 . They are for  employees  who have been with them for just under a year, whereas the median age for such remuneration was  38.

The chart shows the Salary comparison for some other industries  and companies like  Berkshire Hathaway, New York Life, Scandisk, Devon Energy, Family dollar store and others based on similar median age of the person and the average length of stay in the organisation

August 23, 2015

The global insurance industry risk vs opportunity matrix chart

Where are Insurance companies looking to Invest across the world ? The below report plays out the contrasting studies on the most risky markets that might give unprecedented growth versus the safest countries which might give just predictable business The charts shows a country matrix based on the nations 5 factors which classify them as being the most risky, medium and hottest markets for Insurance and the nations have the most potential in increasing insurance penetration across the world.

"The global insurance industry risk  vs opportunity matrix chart"

For most of the past decade, insurance companies focused on investing across BRICS market which was a simple strategy for insurance companies seeking to expand their business in RGMs.

According to recent forecasts from Oxford Economics, the average growth rate of real GDP in the BRICs was 4.3% in 2012, and that rate is expected to rebound only modestly, to about 5.6%, between now and 2018. Growth in other RGMs will be affected by this deceleration.

The above matrix is based on majorly 5 metrics on which future global insurance growth depends . 1) Insurance Premium Growth 2) Regulatory Changes in a market 3) Macroeconomic volatility and stability ( negative vs positive) 4) Average age of younger demographic ( percentage of people in the nation in the age group 20 to 55) 5)Liquidity Risk; lack of liquidity makes the market unstable keeping away its population 6) Corruption index : Risk in the level of corruption The ranking matrix developed are based on an analysis of their potential risk and opportunity. It is designed to help insurance executives weigh the opportunities against the risks of doing business in individual economies.