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| Overview |
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| In today's competitive age, it is important for employees to build a relationship with their work, but not at the cost of their relationship with family members and friends. Work-life conflict can have negative consequences on both professional and personal responsibilities and can be a source of considerable stress. |
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| This year, we introduced several new policies such as flexible work timings, sabbatical leave, part-time work, paternity & maternity leave as well as leave for those adopting a child. |
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| At Dr. Reddy's, we acknowledge the role of individuals beyond their professional lives. Hence, stress on striking a healthy work-life balance that goes beyond just stress management at work.
We provide flexibility in work, conduct rejuvenation programmes and provide a host of leave benefits as well as tangible and intangible incentives. This ensures that our employees lead a balanced, stress-free and fulfilling life.
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| This balance strengthens employee loyalty, enhances productivity and increases retention. |
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| In the FY 2009-10, we introduced several new policies such as flexible work timings, sabbatical leave, part-time work, paternity & maternity leave as well as leave for those adopting a child. For the ease of our employees on weekends, we provide them with laptops that enable them to work from home and cut commuting time. |
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| Employees are provided with free medical checkups as well as medical insurance. They also have access to over 3,500 network hospitals and nursing homes across India . |
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| Beyond employee healthcare, we also extend medical support to employees' parents. In fact, 65% to 70% of our spend on medical insurance accounts for our employees' parents. Our health checkup facility is also available to the family at discounted rates. |
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| A snapshot of benefits for our 13,000 employees, in close to 25 countries is as follows: |
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India - Staff & Management |
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Superannuation Scheme, Fuel & Maintenance, Leave
Travel Allowance, Medical Reimbursement, Employee Benevolent Fund |
Club Membership, Credit Card, Company Car, Salary Advance and Data cards at specific grades, Referral Bonus, International/Domestic Travel, Relocation, Higher Education Assistance for Children's Education on Relocation, Joining Expense Claims (travel, initial stay, brokerage, transportation & packing charges), Mobile Phones, Subsidised Meals, Crèche
& Fitness facilities at most locations, Travel & Daily Allowance for Field Employees; Monetary Support to employees
Suffering from AIDS, Sabbatical & Part-Time Leave, Long Service Recognition |
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| Medical Insurance & Annual Health Checkups for Employees and their Family Members, Post Retirement Health Checkup for Self & Spouse, Occupational Health Centre with Round-the-clock Medical And Ambulance Services. Group Personal Accident Insurance (GPA) & Group Term Life Insurance (GTLI) |
| Maternity Leave (One month in addition to the period specified in the statute) & Flexibility in workingHours, Paternity Leave, Sabbatical Support |
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India - Workers |
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| TQII - Total Quality Improvement Index, VPPB - Variable Plant Performance Bonus and Other Benefits as per Statutory Compliance Norms |
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US |
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| Group Medical & Dental Insurance, Group Life Insurance, 401(K) Plan, Long term Disability, Short term Disability, Worker's Compensation, Continuation of Health Coverage (COBRA), Flexible Spending Allowance, Leave, Bereavement Leave, Vacation and Holiday pay, Paternity Care Leave, Company Family Medical Leave & New Jersey Family Leave |
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UK |
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| Rights to benefits for both part-time and full-time are the same in the UK |
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