TCG Lifesciences releases annual bonus, plans to increase workforce by 15 pct this FY

This is a part of many encouraging moves that the company has been taking to fuel the morale of its resources since the Covid-19 pandemic has affected human lives.

The company has completed this exercise in both its manufacturing unit in Hyderabad and the R&D unit in Kolkata.

The company has recognized the amount of hard work and dedication its employees have demonstrated in catering to the valued customers, the untiring services of the research workers and the fearless sacrifice that the administration staff have offered towards maintaining a smooth operation for the organization.

Not only they released the annual bonus, TCGLS has also started the process of annual performance appraisal for the employees.

They are also planning a Rewards & Recognition program to acknowledge the notable contributions of many of its resources during this unprecedented global crisis.

TCGLS’s offices in Hyderabad and Kolkata have been operating seamlessly, as research and manufacturing works related to pharmaceutical and biotech sector fall under critical services.

They have divided the work force and the work hours into three shifts, complying with all government guidelines and health safety measures.

Daily transportation facility and food (breakfast, lunch and dinner), according to work shifts are being provided by the organization.

A significant amount of money has also been allocated to ensure regular safety and hygiene of the workplace and its workers.

TCGLS has been swimming against the tide for all this while. While they haven’t seen a single job cut in any of its offices, recruitment drives have taken place in the Kolkata head office.

The company has plans to increase its total resource strength by 15% in this financial year.

TCG Life sciences is taking this opportunity to set an example of true leadership and to establish the organization as an ideal employer that takes care of all its resources in all possible ways.

Swapan Bhattacharya, Managing Director, TCG Lifesciences, said,  “The COVID-19 outbreak has caused havoc not only by its death toll but has also shattered the economy in the short term."

"We were faced with a scenario to completely shut down operations when the lockdown was imposed," he said.

"However, with the support of our Board, leadership team and our loyal and committed employees, we were willing to take the risk to continue operations," Bhattacharya said.

"At the same time, our meticulous safety preparations have led to a zero-COVID incidence. Our people are our greatest assets and represent the core strength of the TCG family," he said.