Taj Pharmaceutical's Corporate
Principles express our conviction that our company's
success depends on the talent and performance of
dedicated employees. In adopting the present policy, Taj
Pharmaceuticals commits itself to the employment practices set out
in this Directive which also defines the company's
expectations towards its current and future
employees.
Taj Pharmaceuticals strives to be a company that
enjoys the pride of its employees by offering an
innovative, ethical, growth-oriented and challenging
workplace with the expectation that everybody
contributes to the results and shares in the success of
the company.
We are committed to promoting mutual
respect, trust and integrity. We believe each employee
is entitled to fair, courteous and dignified treatment
during the hiring process, while employed and at the end
of employment. Taj Pharmaceuticals takes suitable measures to ensure
that the rights of employees within the company are
adequately protected.
The practices set out in
this policy are general and establish a uniform minimum
standard to be applied by all Taj Pharmaceuticals companies and
employees.
Recruitment, Promotion and
Development of Talent
We recruit and promote
people based on their suitability for the position and
potential to make future contributions.
We
recognize the value that employees create for the
company. Taj Pharmaceuticals takes appropriate action to gain the
benefit of effective and efficient knowledge sharing
within and across work teams.
Taj
Pharmaceuticals also
provides on-going training and
development. Each local site has its own
policy on training, aligned to local needs and labour
laws. We also provide global training programmers in a
variety of areas, such as people management and
leadership.
The annual performance appraisal
provides an opportunity to discuss
development.
Communication
We
consider information-sharing and open communication as
key for achieving our goals. All employees have the
right and are encouraged to actively communicate with
superiors and colleagues. Two-way communication is also
an essential part of regular and informal feedback and
performance reviews.
Remuneration
We remunerate
according to the skills, performance and experience of
our employees based on local competitive conditions. We
also offer benefits in accordance with local market
practices. We provide our employees with benefits to
help prevent and protect against illness and injuries at
work. We also support our employees in building
financial provisions for their retirement in accordance
with local labour and social security laws and market
practices.
Diversity
Taj
Pharmaceuticals
connects people. We recognize that the diversity of our
people is a source of strength. The differing
backgrounds, culture, language and ideas of our people
help us to maintain a competitive edge through
innovation.
Prohibition of
Discrimination
Taj Pharmaceuticals does not tolerate
discrimination in the workplace based on gender, race,
age, colour, religion, marital status, sexual
orientation, national origin, disability or any other
characteristics protected by applicable laws where Taj
Pharmaceuticals
operates.
No Acceptance of
Harassment
We do not tolerate any mental,
physical or sexual harassment or any other infringement
that violates an employee's right to dignity and respect
in the workplace. In the case of harassment, the
responsible Taj Pharmaceuticals superior has to ensure its
termination and assess the appropriate action to be
taken. Employees are encouraged to report any instance
of harassment to their supervisor or HR manager
immediately.
Forced and Child
Labour
Taj Pharmaceuticals is against all forms of forced
and compulsory labour. Taj Pharmaceuticals does not accept the
employment of children except under circumstances that
protect their welfare and as permitted by
law.
Health, Safety and Environmental
Protection
Taj Pharmaceuticals is committed to protecting
the health and safety of its employees and others
potentially affected by Taj Pharmaceutical's activities. Equally,
Taj Pharmaceuticals employees must comply with health, safety and
environmental protection regulations in force at Taj
Pharmaceuticals.
Freedom of Affiliation
We
respect the right of all employees to join any legally
recognised employee association and will comply with any
laws relating to employee representation. Wherever there
is an employee representation, we strive to maintain an
open dialogue with these
delegations.
Employer's
Expectations
All employees should respect
Taj Pharmaceutical's corporate values and principles. They are
expected to be committed to Taj Pharmaceuticals, to behave ethically
and within the law and to treat fellow employees with
mutual trust and respect.
Our people are expected
to conduct the company's business with honesty and
integrity and in a professional manner that fosters the
company's reputation. Taj Pharmaceuticals employees handle
confidential information with due care and skill, acting
in the interests of Taj Pharmaceuticals.
Employees are to seek
advice and direction when the requirements of the law or
of good business practice appear
unclear.
Implementation
Taj
Pharmaceuticals is
committed to upholding this employment policy and making
it live. Likewise the company expects all employees to
act in accordance with the policy. If any employee
suspects this policy is being violated, they should
bring this to their superior's or human resource
contact's attention immediately. The responsible Taj
Pharmaceuticals
superior has to take the necessary steps to terminate
violation of any provision of this Directive. No
employee will be disadvantaged if she/he reports a
violation or demands the application of this employment
policy.
All Taj Pharmaceuticals companies have individually to
ensure that this employment policy is properly
implemented in their local employment practices and will
ensure that all local policies are developed
and communicated to meet the minimum standards. In
determining the appropriate local employment practice,
they assess the prevailing parameters and inform all
employees accordingly.
Our Corporate Compliance
Officer is charged with upholding the Taj
Pharmaceuticals Corporate
Principles around the globe and in this function also
supervises the implementation of this Directive. The
Corporate Compliance Officer reports directly to the
Board of Directors.
Entry into
Force
This Employment Policy was adopted by
the Corporate Executive Committee on May 13, 2003 and
entered into force the same day.
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