Employee Benefits

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Employee Benefits at Cadila Pharma. Ltd. Presented By: Rinkal Oza Sachin Nandha Dhimant Vyas Priyank Shah Mehul Gadhiya

Transcript of Employee Benefits

Page 1: Employee Benefits

Employee Benefits at

Cadila Pharma. Ltd.

Presented By:Rinkal OzaSachin NandhaDhimant VyasPriyank ShahMehul Gadhiya

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Introduction about Cadila Pharma. Ltd.

Established in 1951

Collaboration with companies in U.S, Japan, France, Germany and Africa

Presence in 43 countries

445 products

International mktg. with 52 distributors

serviced by 18 C&S agents, 2035 wholesalers, 2,50,000 pharmacies and a field force of 1800.

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A human capital of 3500 employees including 1300 in marketing and 400 highly qualified

scientists engaged in contract and collaborative

research projects.

Cont…

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What is employee benefits plan ?

Protects employees and their families from economic hardship brought about by sickness, disability, death or unemployment.Provides retirement income to employees and their families.Provides a system of leave or time off from work.

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Employee benefits

“When employees and employers, have a commitment to one another, everyone

benefits…!!”Source: www.citehr.com

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Types of employee benefits:

Mandated Benefits Optional Benefits

 

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Mandatory Benifits

Safety, Health and welfare programmGrant of leave with wagesHelp in solving of personal and family problemsApprenticeship training programmedProviding medical facilityProviding protective clothes

Source: Guideline of cadila pharmaceutical ltd.

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Goal assignment matrix

Organizational Goal

Departmental Goal

Marketing, Finance, HR, Production etc.

Individual Goal (Target)

That are compared with which they have achieved and how much.

If more than 85% then they are included in Class ‘A’ else in Class ‘B’.

On this measurement they are get benefited as per their Class.

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Company is providing ESIC scheme on the basis of following criteria,

if the monthly salary is >= 10,000 contribution from the company is 4.75%,

employee contribute 1.75% safety measure Canteen facilityAccomodationFelicitation programmeTransportation facility

Optional Benifits

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ESOP

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Thank you