Square Pharmaceuticals LTD
Square Pharmaceuticals LTD
Square Pharmaceuticals LTD
Submitted To:
Mr. Zahidul Karim
Chairperson,
Department of Management Studies
Jahangirnagar University
Submitted By:
Md. Jahid Rana-1799
JPM Jisanus Salehin-1800
Mahather Hoaqe-1801
K M Anamul Huque-1802
Md. Sajib Parvej-1803
Organized efforts and procedures for identifying workplace hazards and reducing accidents and
exposure to harmful situations and substances. It also includes training of personnel in accident
prevention, accident response, emergency preparedness, and use of protective clothing and
equipment.
Due to rapid industrialization, industrial workers are exposed to several types of hazards and
accidents. Every year lakhs of workers are injured due to mechanical, chemical, electrical and
radiation hazards and it leads to partial or total disablement. So in recent years, greater attention is
given to health and safety due to pressure from government, trade unions, labour laws and awareness
of employers.
The efficiency of workers depends to a great extends on the environment in which the work. Work
environment consists of all the factors, which act and react on the body and mind of an employee.
The primary aim is to create an environment, which ensures the greatest ease of work and removes
all causes of worries.
Health and Safety measures are inevitable to any organization where workers are involved. It’s an
organization’s responsibility to provide to its workers beyond the payment of wages for their services.
The worker’s health and safety on and off the job within the organization is a vital concern of the
employer. The working environment in a factory adversely affects the worker’s health and safety
because of the excessive heat or cold, noise, odors, fumes, dust and lack of sanitation and pure air
etc., which leads to accident or injury or disablement or loss of life to the workers. Providing a health
and safer environment is a pre-requisite for any productive effort. These must be held in check by
providing regular health check-up, protective devices and compensatory benefits to the workers.
In the workplace, health and safety regulations are paramount to the well-being of the employees and
the employer. Many hazards are present in today's work environments, and it's the employer's job to
keep their employees safe from these hazards. It's a job that is so important that there are occupational
safety standards and regulations set by the US Occupational Safety and Health Administration
(OSHA).
OSHA ensures that all of their guidelines for health and safety or followed and anyone in violation
can have their business shutdown. However, this is just one reason why workplace health and safety
standards are important. Below are a few more that will show you just how important these standards
are.
Potential hazards are rampant in almost every workplace environment. Equipment, chemicals, certain
behaviors and activities, and even furniture can potentially cause injury or harm to you or your
workers. Health hazards can range from contamination of food due to unsafe handling or preparation
practices to an infectious disease outbreak caused by improper hygiene and personal care.
If you work with certain dangerous chemicals or gases, there's always the risk of improper handling,
maintenance, or storage, which could lead to dangerous exposure for you and your workers. In these
cases, you must follow specific hazardous material handling guidelines set by OSHA, and you must
have emergency and evacuation plans in place.
SQUARE today symbolizes a name – a state of mind. But its journey to the growth and prosperity
has been no bed of roses. From the inception in 1958, it has today burgeoned into one of the top line
conglomerates in Bangladesh. Square Pharmaceuticals Ltd., the flagship company, is holding the
strong leadership position in the pharmaceutical industry of Bangladesh since 1985 and is now on its
way to becoming a high performance global player.
SQUARE Pharmaceuticals Limited is the largest pharmaceutical company in Bangladesh and it has
been continuously in the 1st position among all national and multinational companies since 1985. It
was established in 1958, converted into a public limited company in 1991 and listed with stock
exchanges in 1995. The turnover of Square Pharma was Taka 30.28 Billion (US$ 385.22 million)
with about 18.64% market share having a growth rate of about 25.36% (April 2014– March 2015).
SQUARE Pharmaceuticals Limited has extended its range of services towards the highway of global
market. It pioneered exports of medicines from Bangladesh in 1987 and has been exporting
antibiotics and other pharmaceutical products. Present export market covers 36 countries. This
extension in business and services has manifested the credibility of Square Pharmaceuticals Limited.
Since the beginning of this company it has set its footing during the course of growth since its
inception it is ever expanding gradually and along with its strength of the labour forces also increase.
To keep the moral and efficiency or high labour, the company is doing its best on area provided on
effort are being made to run them efficiently in the best interest of the workers
1) Drinking water:
In the preservation of health and comfort among the employees abundant supply of pure water for
drinking purpose must be given at important place. The SQUARE PHARMACEUTICALS Ltd
provided filtered water to all the workers. Water coolers are installed in varies department of the
industry.
2) Washing Facilities :
In every factory adequate and suitable facilities separately and adequately screened for male and
female workers for washing shall be provided and maintained for the use of the workers therein. The
SQUARE PHARMA Co. Ltd provides this facility to all the workers.
The state government may make rules requiring the provision therein of suitable places for keeping
clothing not worn during working hours. The SQUARE PHARMA Co. Ltd provide this facility to
all the workers
In every factory shall be provided and maintained so as to readily accessible during all working hours’
Masks. The SQUARE PHARMA Co. Ltd provides High Quality Masks to all the workers.
In every factory shall be provided and maintained so as to readily accessible during all working hours’
first-aid boxes. The SQUARE PHARMA Co. Ltd provides first aid-appliance to all the workers.
Rest room plays an important role during working hours. Good lighting and ventilation is necessary
in the rest room. Rest room should clean. The company provided big rest room for the workers where
7) Cleanliness :
SQUARE PHARMA Co. Ltd shall be kept clean by daily sweeping or washing the floors and
workrooms and by using disinfectants where very necessary. Walls, doors and windows shall be
8) Fencing of machinery:
In SQUARE PHARMA Co. Ltd, every dangerous part of any machinery, every moving part of a
prime mover and every flywheel connected to prime mover the head-race and tail-race of every water
9) Medical Facilites :
SQUARE PHARMA limited provided medical facilities to worker. There is medical checkup of
workers. Doctors are visited to the company two times in week and gives medicines to employee.
According to section 44 in every factory shall be provided and maintained so as to readily accessible
during all working hours’ Protective equipment. The SQUARE PHARMA Co. Ltd provides High
Quality Protective equipment to all the workers.
11) Lighting :
SQUARE PHARMA Co. Ltd Factories must be well lighted. Effective measures must be adopted to
prevent glare or formation of shadows which might cause eye strain.
In a SQURE PHARMA Company there is one welfare officer appointed for 500 or more workers. In
a company wherein 500 or more workers are ordinarily employed, at least one welfare officer must
be appointed.
The SQUARE PHARMA Co. Ltd. gives training programmed to all trainee workers for their better
productivity. The company takes care of the safety of the workers. The company should give mask,
apron, and scarf to each and every worker for their safety.
The company has to create the awareness for the workers regarding health and safety.
They have to provide effective arrangements to the workers for communicating their health
It is better to provide frequent health and safety training, atleast once in a year.
The company has to provide enough drinking water facility available at all the time.
The management has to take necessary steps to reduce the stress level of the workers.
Orientation programmes can be conducted to make the workers to feel that their work
Meditation practices can be given to avoid electric shocks, finger injuries etc. due to lack of
concentration.
Safety committee has to be formed to monitor the health and safety issues.
The company has to conduct the regular inspections to ensure higher level of safety in the
workplace.
Cordial relationship has to be maintained between the management and the workers to
implement the health and safety policies and measures in a smooth manner.
It is revealed from the study that, the health and safety measures adopted in Natco Pharma ltd,
Nagarjuna Sagar, and Hydrabad are provided to the workers according to the provisions of the
factories act. It reveals that the awareness of the workers about health and safety in the workplace is
inadequate. Also repeated accidents like electric shocks, finger injuries are occurred in the workplace.
Suitable ideas were suggested to avoid those accidents and to improve the health and safety measures.
The role of management in implementing health and safety in the organization is very effective. Most
of the workers were satisfied with the health and safety measures adopted in the company. If the
company implements effective disciplinary procedures; it will help the company to go with their