article thumbnail

Tips to Improve Efficiency and Quality in Pharmaceutical Businesses

Strategy Driven

To remain relevant and record notable growth in the pharmaceutical industry, companies need to make productivity enhancement a priority. well, driving productivity in a pharmaceutical company involves seeking more efficient processes, equipment, and recruitment strategies. But what does this entail? Evaluate Processes.

article thumbnail

Health Benefits in the Workplace at Risk: Employers Try to Absorb the Shock

HR Digest

Health benefits for employees are proving to be a huge investment for employers , with total health benefit cost per employee expected to rise 5.4% Mercer’s 2022 report indicated that health benefit cost per employee had gone up by 3.2%, with average cost per employed topping $15,000. on average in 2024.

Cost 85
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ditch the Monday Morning Commute: How Remote Work Can Benefit Your Employees and Business

HR Digest

As a project manager for a marketing agency, I noticed a significant increase in my team’s productivity when we transitioned to remote work. Operations Coordinator, Software Development Industry Save Costs Working remotely has the added benefit of saving both the employee and the employer money.

article thumbnail

New Insulin Price Cap Could End Up Saving Payers Money in the Long Run

HR Digest

The growing rate of individuals diagnosed with Type 1 and Type 2 diabetes is staggering, and so is the cost of treating and managing the disease. Furthermore, the cost of treating and managing the disease has risen to $327 billion. The condition now impacts roughly 1 in 10 individuals. of adults – 1.3

Price 52
article thumbnail

5 Convincing Benefits of Sustainable Business Practices

Strategy Driven

A notable benefit gained from adopting techniques such as green manufacturing is cost-effectiveness. For instance, simple recyclable material for packaging helps reduce costs significantly rather than spending tons on harmful packaging materials. Whether in fashion, beauty, food, beverage, pharmaceutical, or other industries.

article thumbnail

Is Consumer Non-Durables a Good Career Path?

Talent Anarchy 1

Pharmaceuticals: Medicines and healthcare products are also considered consumer non-durables. Marketing Managers: Marketing managers are responsible for creating and executing marketing strategies to boost product sales. Brand Managers: Brand managers are tasked with building and maintaining a strong brand image.

Career 78
article thumbnail

How To Respond When Employees Make A Mistake

The Horizons Tracker

A new paper from the University of Southern California outlines how managers can respond to employees who both make honest-to-goodness mistakes and those who err through misconduct so that the employees don’t feel ostracized by their organization. Sometimes it’s very costly to fire and hire people.

How To 113