A PRESENTATION ONETHICAL EXPECTATIONS OF EMPLOYEES

SQUARE PHARMACEUTICAL LIMITED COMPANY

Presented By:

Winning Crews

BUSINESS ETHICSGE-203

Topic: Ethical Expectation of Employees in

Square Pharmaceutical Ltd.

Submitted to:Tanjela Hossain

Lecturer OfBangladesh University

Submitted by:

Name ID Remarks

Tahamina Akter 201311134204

Mahla Ching Khyang 201311134161

Elizabeth Uma Gouri 201311134187

Al-Tasnimul Tushar 201311134207

Md. Saiful 201311134165

Wadud Hossain 201311134217

LEARNING OBJECTIVES:

To know Employee expectation level in the industry.

To know employee satisfaction level in the industry.

To know the relationship between company and employee.

To know the authority and responsibility of the industry.

SQUARE PHARMACEUTICAL LIMITED (SPL):

Square Pharmaceutical Limited is the largest pharmaceutical company in Bangladesh. SQUARE Pharmaceuticals Ltd, the flagship company, is holding the strong leadership position in the pharmaceutical industry of Bangladesh since 1985 and is now on its way to becoming a high performance global player.

PROFILE OF SQUARE PHARMACEUTICAL LTD:

Established In 1958

Constitution Public Limited Company

Chairman Mr. Samson H. Chowdhury

Managing Director Mr. Tapan Chowdhury

Authorized Capital TK 1000 million

Paid-up Capital TK 496.8 million

No. of Employees 2703+

Corporate Headquarters Square Center 48 , Mohakhali Commercial Area, Dhaka 1212, Bangladesh

Factory Shalgaria, Pabna Town, Pabna

Product Range Pharma-91 productsChemical Division-7 ProductsAgro Vet Division-7 Products

REASONS OF WORKING AS AN EMPLOYEE IN SPL:

  Good reputation of the company   The first and leading pharmaceutical

company   Flexible and good management   Better working environment   Transparent business policy   Better and on time salary   To build better career   Salary is paid on time   Higher compensation   Good working environment

This Presentation is based on employees ethical expectations from their workplace. In this instance, for simplicity of analysis this part of the presentation will focuses on the “Expectations of Employees in Square Pharmaceutical Ltd. Company”.

FAIR SALARY

Salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.

FLEXIBLE WORKING CONDITIONS

Flexible working conditions are conditions that allow employees to balance work and family responsibility more effectively.

OCCUPATIONAL HEALTH AND SAFETY

Occupational Health and Safety refers to the responsibility the employer has to ensure the workplace is safe for employees and that steps are taken to minimize harm.

ACHIEVING WORK-LIFE BALANCE

Employees expect work-life balance. Work-life balance is about achieving the right amount of time for work and for personal life.

JOB SECURITY

Job Security is the belief that the employees will not lose their job.

EQUAL OPPORTUNITY ON THE JOB

Employees expect equal opportunities to all without discrimination.

TRANSPORTATION FACILITY

Employees expect Transport facility, so that they can easily go to the office.

DAY CARE & MATERNITY FACILITY

Employees expect from their workplace Maternity Facility.

OTHER EXPECTATIONS OF EMPLOYEE FROM SPL

Employees expect a lot from their workplace. A few common outcome expectations are Provision of satisfactory working conditions. Have a reasonable workload. Have a reasonable opportunity to use our

knowledge, skills, training and experiences. Have their work fairly evaluate and to be given

credit for it. Be told what is expected of them as worker.

CONTINUED…

Be given the opportunity to make suggestions and have them considered

A safe work environment treat them with dignity and respect at all times conduct themselves in an ethical manner at all

times support the mission and values Do not ask for any illegal activity Must not be ordered/forced for sexual

harassment Right to free speech and to privacy Fair compensation Improve quality of work life

MOST IMPORTANT EXPECTATIONS OF EMPLOYEE:

An identity that they can count on Fair salary/wages and reasonable hour

provision Greater assurance for Job security Providing Health and Safety package

Pre employment medical check-up Medical facility Health Insurance

CONTINUED…

Promotion Providing Benefit and Rewards package

Supplemental Pay Benefit Insurance Benefit Medical leave Sick leave Vacations and Holidays Parental and Family leave Retirement Benefit

NECESSITY OF UNDERSTANDINGEMPLOYEES EXPECTATIONS

This can also improve morale and motivation for workers, which in turn can lead to improved productivity and, hence, achievement of organizational objectives. 

FACILITIES PROVIDED BY (SPL) TO THEIR EMPLOYEES

 5 festival  bonuses in a year   Quarterly incentives   Motor Cycle Facility   50 percent on motor cycle loan   Workers participation fund   Profit share   TA and DA   Mobile facility   Bonus and incentives

RECOMMENDATION CHANGES FOR BETTER PERFORMANCE IN RELATED FIELD:

SPL is a company which is competing with many global companies. So it should provide a compensation and Benefit package

Medical  facilities for both the employee and his/ her family should be introduced

  Housing facility can be given to the employees

 Interior design need to be change for employee motivation and increase of existing productivity

 To take the necessary steps, to increase employees’ satisfaction level

CONTINUED…

SPL does not have its own employee training center. So they can build an employee training center.

They should provide Insurance facility for their employees.

SPL should provide their employees Transportation Facility.

CONCLUSION

Employees job satisfaction can increase SPL’s corporate image as well as Service quality of SPL. That’s why SPL always should communicate their employee and try to know their expectations, so that SPL can fulfill their expectations and make satisfy their employees.