5 Day Working Pharma Companies In India A Boon For Employees

Table of Content:

1. Introduction
2. Benefits of 5 Day Working Pharma Companies
3. List of 5 Day Working Pharma Companies in India
4. Pros and Cons of 5 Day Working Policy
5. Conclusion

Introduction

In recent years, the trend of 5 day working has gained momentum in various industries. The pharmaceutical sector is no exception. Many pharma companies in India have started following a 5 day work policy to promote work-life balance and enhance employee productivity. In this article, we will discuss the benefits of 5 day working policy, list some of the pharma companies that have implemented it and also highlight the pros and cons of this policy.

Benefits of 5 Day Working Pharma Companies

Here are some of the benefits of 5 day working policy in pharma companies:

Better Work-Life Balance

Employees can enjoy a better work-life balance with two days off every week. This allows them to spend more time with their families, pursue hobbies and interests, and recharge themselves for the next week.

Increased Productivity

Studies have shown that employees who work for 5 days a week are more productive than those who work for 6 or 7 days a week. This is because they have more time to rest and rejuvenate, which results in better focus and higher productivity levels.

Cost Savings

Pharma companies can save on costs such as electricity, water, and other overheads by operating for 5 days a week instead of 6 or 7 days. This can have a positive impact on the company's bottom line.

Employee Retention

5 day working policy can be a great employee retention tool. It shows that the company cares about its employees' well-being and values their personal time. This can lead to higher employee morale, job satisfaction and loyalty.

List of 5 Day Working Pharma Companies in India

Here are some of the pharma companies in India that follow a 5 day work policy:

1. Sun Pharmaceutical Industries Ltd
2. Cipla Ltd
3. Dr. Reddy's Laboratories Ltd
4. Lupin Ltd
5. Abbott India Ltd
6. GlaxoSmithKline Pharmaceuticals Ltd
7. Novartis India Ltd
8. Pfizer Ltd
9. Sanofi India Ltd
10. Zydus Cadila

Pros and Cons of 5 Day Working Policy

Pros

• Better work-life balance
• Increased productivity
• Cost savings for the company
• Employee retention

Cons

• Longer working hours per day
• High workload during the 5 working days
• Difficulty in coordinating with clients/customers who work for 6 or 7 days a week
• Difficulty in scheduling meetings and appointments on weekends

Conclusion

5 day working policy is a great initiative taken by pharma companies in India to promote work-life balance and enhance employee productivity. While there are some challenges associated with this policy, the benefits outweigh the cons. Employees can enjoy a better personal life, while pharma companies can save on costs and retain talented employees. We hope this article has given you a better understanding of the 5 day working policy in pharma companies in India.