Sai Life Sciences Sustainability Report 2020

82 We provide a working environment where equal opportunity exists for all individuals to add value to the business and maximize their potential. We are committed to eliminating discrimination in all forms, including race, religion, gender, sexual orientation, marital or family status, disability, or nationality. The comprehensive set of policies and benefits for employees is reviewed periodically to build a sustainable organization that ensures employee growth and development and has a strong value proposition to our employees. We have clearly defined policies for the following: Employment Policy, Recruitment Policy, Labor Policy - which outline structured and consistent methodologies for recruitment as well as internal position selection decisions. As a company that believes in being a good corporate citizen, we are also committed to the principles of child labor prevention. Grievance Policy – To ensure fair treatment and non-discrimination. Code of Conduct and Ethics Policy and Vigil Mechanism Policy – In general, we have a zero-tolerance policy for harassment of employees or any other form of discrimination prohibited by law or against the values of our organization. These policies also ensure the prompt addressal of corruption or other malpractices. Prevention of Sexual Harassment Policy – Our policy applies to all employees irrespective of gender. A mandatory awareness session is conducted for all new hires and additionally, a refresher session is conducted for all employees every year. Employee benefits In today’s competitive business environment, benefits and compensation are important factors in attracting and retaining the best talent. We continue to add to and evolve our programs to meet our employees’ needs. We also implement a number of initiatives aimed at promoting employee morale and wellbeing. These include time off policies, employee volunteering opportunities, workplace social events, and incentive programs, and employee recognition initiatives. All our employees are provided with free and flexible transport to each site. Additionally, to ensure nutrition and convenience, healthy and hygienic food is available at subsidized rates at Pune, Bidar and Shamirpet sites. We also provide monetary incentives to employees for the successful recruitment of a referred candidate. We provide our employees insurance coverage that can support their well-being and is in line with local regulation and competitive with industry standards. • A Group Mediclaim policy is extended to all employees and their dependents. • A Personal Accident policy covers all employees, the premium of which, is borne by the company. • COVID Related Insurance: We proactively introduced a special COVID medical insurance as an option for employees and their dependents. Employee policies and benefits

RkJQdWJsaXNoZXIy MTIwMDc4NQ==