Another batch of Eagle Life Insurance Sales Persons was presented with Loyalty Fund entitlements at the Achievers Congress held recently. The total number in the scheme now adds up to 213. A sum of 20 million rupees has been distributed among the longstanding Sales Persons under this scheme.
This unique scheme was initiated by Eagle Insurance in 2001 whereby the Company shares a part of its success with those Sales Persons who while serving the Company for a long period have been introducing value adding businesses. Eagle uses an actuarially-determined system to decide on the qualifiers and the entitlements to each individual. Allocations are allowed to grow in a trust fund managed by the Eagle NDB Fund Management Company and individuals can claim the sum on their retirement as defined in the scheme.
“This is how we show our members of the Team with Wings that we truly care for them,” said a Company spokesperson. ''This strong caring culture makes the sales persons stay longer with us. A significant number of our sales force count over 10 years of service with us and even a larger number with over five years. We offer a wide variety of benefits to our Sales Persons”.
Eagle Insurance, in line with its "human talent management" strategies continuously supports the development of the "Eagle Team with Wings" members to qualify for international standards in professionalism and distribution effectiveness. Eagle is the first Company outside the UK to have its in-company training recognized by the Chartered Institute of Marketing (CIM) U.K and provides comprehensive training and development to all its Sales Persons. Every branch office has a training centre, supported by the fully fledged training centre in Colombo. In its effort to broaden the horizons of the sales force, the Company has sent a large number of sales persons on overseas tours, conventions and training programmes. Eagle Insurance gained due recognition for its commitment to training and development of staff and field force when the National Human Resources Award for "Best Training and Development Strategy and Practice" was awarded to the Company at the first ever HR Awards in Sri Lanka. |