GROUP 1

NON MONETARY BENEFITS IN PHARMACEUTICAL INDUSTRY

The Chairmans Excellence Award During the companys Annual Celebrations the Chairman announces a set of awards to honour extraordinary individual and team initiatives that helped Dr. Reddys scale new heights during the year from across the organization. These awards are in the following categories Best Team Awards for Execution Excellence Best Quality Driving Team Award Best Innovation Team Award Best Managed Team Award Operations Best Managed Team Award Non-Operations Best Business Development Deal Award

Best Team Awards for Customer Delight Best Team Award for External Customer Delight Best Team Award for Internal Customer Delight Best Team Awards for Sustainability Best Safety & Health improvement Initiative Award Best Environmental Initiative Award Best Corporate Social Responsibility Initiative Award Global Generics Awards MPower Meet - It is a half yearly all-India sales and marketing review-cum
recognition event for the Regional and National Sales Managers UDAAN - It is a half yearly marketing workshop-cum-recognition event for top performing product managers. Achievers Club - This club recognizes field representatives such as professional sales representatives, area and regional sales managers who have been consistent performers over the last three years, and those who have surpassed their targets in the fiscal year.

 Elite Get Delight - Felicitates Area Sales Managers who are consistently out
performing by achieving 100% of their targets within India Star Night @ Russia - It is an annual get together-cum-recognition meeting where individual and team performers are felicitated by the COO. BRAVO Awards - It is an annual Formulation Technical Operations (FTO) recognition program for exceptional individual and team contributors. IPDO Nite - It is an annual recognition function to celebrate success by rewarding outstanding talent / teams and path breaking achievements.

Awards @ Pharmaceuticals Services and Active Ingredients (PSAI) PSAI Excellence Award - This is an annual recognition forum to honour
teams who have made a difference, created excellence and impacted the organisation through their initiative.

Awards @ Biologics Stellar Awards@Biologics - This is an annual event that recognizes the best performers
for their deliverables and execution excellence per goals and timeliness.

Benefits & Work-life enablers Right from help desks that book emergency travel tickets to child care centres at the office. From gyms and cafeterias to unwind at, to an array of medical, healthcare, professional and personal development opportunities, we take care of you and your family every day at Dr. Reddy's. Career growth opportunities - Most vacancies as posted internally and team members are encouraged to apply from across domains. Mobile telephone, Laptops, Internet & Accessories - These are given to expedite and execute business more efficiently based on needs.

Higher Education Schemes - We support you if you want to pursue professional courses that are of relevance to the company's business. For Your Health - Apart from a comprehensive annual medical check-up for all, you are also covered under a healthcare and accident insurance plan.

Maternity & Paternity Benefit - 120 days leave for women and five days for men. A part of this benefit is also extended to parents who adopt children. Crches - In many facilities crches with trained staff have been set up to look after your toddlers. Flexi Hours & Part-time Work options - They have been created for associates, especially women who may need to balance work with home responsibilities. Sabbaticals - You can also apply for a sabbatical to pursue full time studies or deal with a home exigency. Fitness Center - On-site fitness centers at the company's major locations offer aerobic, strength and flexibility training under the supervision of an instructor. Casual Dress / Dress Down - Dr. Reddy's follows a 5-day work schedule with Fridays as the "dress down" day. Celebrations & Clubs - We enable you to nurture your interests and creative instincts, even beyond work. We seek opportunities to get you together to celebrate ' birthdays, weddings, and team successes Transportation - The Company provides subsidized transport services to assist employees to commute from home to work at all its manufacturing locations. Medical & Insurance Benefits - We are proud not only to have organized one of the best health insurance covers for all our employees, but to have also set up an active and responsive helpdesk you can call on for support in a health or medical emergency. All employees have a Personal Accident and Life Insurance cover. Post-retirement health check-up for self & spouse; Occupational Health Centre with round-the-clock medical and ambulance services; Group Personal Accident Insurance (GPA) & Group Term Life Insurance (GTLI) Vacation and Holiday pay

MERK
Health & Wellness We recognize the importance of our benefits offerings to our employees and their families and we are proud to offer a competitive and comprehensive package that includes coverage options in the following areas: Medical - Depending on your geographic area, you may choose from a variety of medical plans that feature in-network only or both in and out-ofnetwork benefits. Merck and its employees share the cost of healthcare benefits, with the company offering significant financial support. Vision - Optional coverage that offers significant benefits. Dental - Features in-network or out-of-network benefits. Health and Dependent Care Accounts - Optional pretax accounts that provide opportunities to set aside money to pay for certain healthcare and dependent day care expenses. Insurance - Various insurance coverage plans, including short and longterm disability, employee and dependent life, long-term care and business travel accident insurance.

Live. Work. Play. Our benefits are designed to make life healthier, happier and more convenient because we recognize the importance of work-life balance. At Merck, we support our employees in getting the most out of their lives, both personal and professional.

Paid Vacation - Three to six weeks paid vacation, based on length of service. Holiday Schedule - All employees are eligible for up to 13 paid company holidays. Flexible Work Arrangements - With manager approval, option for flexible work schedules and arrangements to help you balance life's responsibilities. Education Assistance and Scholarship Programs - For eligible employees, financial support for higher education, including all or a portion of the cost of tuition, registration and other fees.

Employee Assistance Program - Provides help by offering confidential professional assessment, referral, counselling and education services. Fitness and Wellness Centers - Available at many locations to support health and well-being. Day Care Centers - Conveniently available on-site at many major locations. Banking Services - Access to a range of on-site banking and other financial services.

GLAXO SMITH KLINE

Health & Life - Healthcare and other insurance coverages, an employee assistance program, dependent care resources, time off with pay, reimbursement programs, and corporate discounts Health & Life plans include: Healthcare and other insurance coverage (medical, dental, life, vision, and long-term disability insurance, GSK prescription drugs covered at 100%). Recognition awards We also believe that it is important to recognize and reward special achievements and contributions by employees and teams A confidential employee assistance program. Family support services to help planning for, and finding care for, your dependents children and elderly relatives. Paid vacation (typically three weeks per year) and 13 paid holidays, as well as paid time off for incidental and unforeseen needs, and short-term disability coverage. Reimbursement programs to help with post-secondary education expenses, adoption assistance, and wellness programs. Corporate discounts on many products and services, from eye care to long-term care insurance, theme parks, retail operations, as well as auto and home insurance. Development

Within GSK, Performance and Development Planning is the basis for how you establish your personal objectives and development priorities. Development enables you to see more clearly how your performance influences your Total Reward. PDP: helps you identify what you need to do and the behaviors you need to demonstrate in order to achieve success, as well as the areas you need to develop to achieve greater reward.

NOVARTIS
Health and wellbeing week Financial education seminars A bus shuttle Career fairs Flexible-working policies Social club A diversity and inclusion committee Recognition awards Volunteer days

CIPLA
Insurance cover Formal Trainings Great opportunities at designation growth Opportunity to further your technical knowledge with exposure to the latest technological practices o Group Discussions o Bus facility at half charges o Free flights throughout India o o o o

CADILA
Transportation facility Felicitation facility

 Accommodation Canteen facility

REFERENCES http://www.drreddys.com/sustainability2009/ec-employeebenefits.html http://www.merck.com/careers/life-at-merck/benefits/home.html http://us.gsk.com/html/career/career-working-benefits.html

http://www.employeebenefits.co.uk/employee-benefits-summit-novartispharmaceuticals-uses-seminars-to-engage-staff/15284.article http://www.naukrihub.com/salary-in-india/cipla.html http://www.scribd.com/doc/13822413/EMPLOYEE-BENEFITS-AT-CADILA