Employee Employer relationship of Square

Pharmaceuticals Bangladesh limited

Group Name : TitanName ID

Md. RoheduzzamanMd. Abid Burhan

Md. AsaduzzamanMd. Alrazi ArmanMonowarul IslamTanvir Hossain

S. M. Imran Hasan

SQUARE PHARMA• Established in 1958

• Converted into public limited in 1985

• Exports product since 1995

• Growth rate of almost 24%

• Awarded enterprise of the year in 2009

Recruit ProcessInternal Source Promotion Transfer

External Source Newspaper Advertising

Online Advertising

Relationship dynamics of SQUARE Pharmaceutical Ltd BangladeshTU & Collective Bargaining

TU exist in Pabna Broad scope of collective bargaining

Balance of PowerFairly handle the issue.No pressure Problem solve through discussion

Role of Power Limit role of power – HR policy

Policy and Strategy

•Company Policy:– Friendly relation with employees– Equal facilities for all

•Management Strategy:– Aligned with HR strategy– Proactive management– OBM

Labor Law 2006

•SPL does not follow labor law, except leave policy

•Minimum wage is 80% higher then existing labor law

•HR department is responsible for dealing with the labor relation issues

Major Concern of Management

1. Safety & Environment Issues :

Power & Generator Safety

Firefighting equipment

Emergency Exit

Environment

Major Concern of Management (cont.)

2. Code of Conduct

3. Grievance

4. Placement

Safety & Environmental Issue

• Supply electricity by the Gas Generator• Always checks whether the cooling system of

engine• Numbers of firefighting equipment have been

installed in selected places• Equipments are eco friendly• Train their employee to keep clean the

environment

Code of conduct

• Almost 150 code of conduct at square Current workers of other organization are not eligible. Should be mentally and physically fit Minimum educational qualification for labors is S.S.C Labors are divided into root level

Grievance

• Presents there problem to there immediate supervisor

• Discusses there grievance with the departmental head

• Departmental head discusses the problem with joint grievance committees.

• May be referred to Managing Director

Placement

• SQUARE Pharmaceutical Ltd. has two factories

• Give preference of employees about their placement

Wage structure

Other facilities and incentives

– Bonus is given five times a year.– Provides 5% of profit– Remuneration is adjusted according to

the inflation– Except Excellent remuneration they

provide 6 types of benefits

Other facilities and incentives

SWOT Analysis

Recommendation

Establish more sustainable customer relationship

Expand globally Continuous improvement Refreshment program for employee and

workers