Succeeding at Biocon

Learning and Development
Our approach is simple. We believe e veryone has his or her unique talents, and we are most effective when we identify and develop those individual strengths. Biocon will strive to provide support, time, facilities and encouragement to its employees in their quest for professional and personal growth.

Effective leadership is the key to organisational success. A vast array of resources is made available to managers to enhance their skills and behaviours required for leadership excellence. We also sponsor executive development programmes with leading academic institutions.

The learning philosophy at Biocon has been to equip employees with know-how to find the best solution, rather than to teach 'one way to do it'.

Performance Management & Rewards
The success of Biocon depends upon the performance and commitment of its talented employees. Our dynamic performance management and reward programmes ensure that every employee is appraised, recognised and rewarded in keeping with results that they bring. Our performance management process combines an annual objective setting with the annual performance review, based on results and identified behaviours. This helps align individual efforts with overall corporate goals.

Our rewards policy also includes a progressive performance based employee stock option plan which helps foster a sense of belonging and ownership amongst our employees.

Listed below are a few indicative performance rewards:

Performance Incentive Bonus
We have in place an effective Performance Incentive Bonus Scheme based on periodic review system.

Biocontribute Awards
Outstanding performance is recognised and rewarded by way of special Biocontribute Awards presented annually on Biocon Day.

Employee Stock Options
Excellence in performance is also recognised through stock options applicable at all levels.  

Compensation & Benefits
When excellent performance is appreciated and rewarded, people get motivated and work more productively.  

We offer a comprehensive compensation & benefits program designed to attract, develop and retain very competent and motivated human resources. The plan also covers important benefits to eligible family dependants of all employees.

Biocon keeps evolving a variety of benefits, services and programs designed to help its employees maintain a good work- life balance.

The components of our Compensation & Benefits Package include (and not restricted to):

- Competitive salary

- Performance incentive bonus

- Yearly bonus

- Group medical insurance

- Conveyance allowance

- Highly subsidised luncheon facility

- Maternity leave

- Daycare center for employees children

- Tuition fee for up to two children

- Contributory provident fund

- Retirals - pension, gratuity, superannuation

- Employee stock options

- Relocation Benefits