General Information
Development of the people of the company is our highest priority as we always recognize that they are the most valuable asset of the company. To ensure that our people are enabled and remain responsive to a rapidly changing world, we identify the training needs and provide training accordingly to broaden and enrich their professional skills. Throughout the year we arranged a good number of training programs for our employees both at home and abroad with internationally renowned speakers and trainers. Thought Leadership and Team Building meetings are conducted on a regular basis. We provide an enabling working environment to unleash the full potential of the employees and a performance based career progression.
Genetic Pharma presently have 1,403 employees which include doctors, pharmacists, chemists, microbiologists, engineers and MBAs etc. Skill and efficiency driven HR policy with a strong emphasis on employee empowerment at every level has transformed our employees into a valuable resource.
We always follow the approved HR Policies and procedures of the company for recruitment & selection, manpower planning and career planning at each level. The company also believes their selection, development and deployment can lead to a competitive advantage in a changing business environment. The Company also provides internet and laptop facility for most of the mid and senior level officials and also arranged the libraries and on-line resources for the employees to encourage their self-development. We provide special incentive to the employees through a qualitative criterion based Balanced Score Card system for performance appraisal on regular monthly basis.
Genetic Pharma have the employee friendly environment with its major HR policies like group insurance, gratuity, provident fund, benevolent fund and life insurance for the employees of the organization. We also provide Festival bonus, Performance bonus and allowances, Field allowance, Risk allowance and Target based monthly and quarterly incentives at different times within a year based on their performance evaluation.
In order to improve productivity of our human resources, the company has been trying to provide formal & informal training to the employees.
Employee Quality Improvement
Employees of every level have some weaknesses in skills and knowledge and we consider these lacking as natural phenomenon. At Genetic Pharma, we regularly review, monitor and identify these lacking of employees in knowledge and skills and provide the necessary trainings. We provide both On-the-job and Off-the-Job training, depending upon the situation and need of the employee.
In the plant, we conduct training in each and every department. Starting from the basic workers up to the departmental heads, training is an integral part of their regular professional life. The workers get training from heads of the different departments of the plant on regular basis. The Technical persons also get local and foreign training on different technical issues.
We provide rigorous and extensive foundation training to the newly recruited sales professionals through our In-house training department. Trainers from Marketing, Sales and HR departments conduct the academic part of the training program. After that they also get field training by our senior level field colleagues. By this academic and hands-on professional training, the fresh graduates become a complete pharma sales professional who can confront any challenges. They also get refreshers training in every month to keep their knowledge updated. We have well equipped and furnished training room, equipped with digital facilities both in Plant and Corporate office.
For indoor professionals we conduct training program every year depending on their training need. For this purpose, we utilize our internal human resources and we also hire resource persons from outsides.
Besides that, frequently we send our mid and upper level managers and executives to different seminar, symposium and workshops to give them different professional exposures