employee benefits at cadila
TRANSCRIPT
Employee Benefits at
Cadila Pharma. Ltd.
Presented By:Rinkal OzaSachin NandhaDhimant VyasPriyank ShahMehul Gadhiya
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.
A human capital of 3500 employees including 1300 in marketing and 400 highly qualified
scientists engaged in contract and collaborative
research projects.
Cont…
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.
Employee benefits
“When employees and employers, have a commitment to one another, everyone
benefits…!!”Source: www.citehr.com
Types of employee benefits:
Mandated Benefits Optional Benefits
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.
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.
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
ESOP
Thank you