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Management
Development
Programs (to enhance functional
and behavioural competencies)
which an employee is expected
to go through, depending upon
his (her) grade.
The number of employees (as
on March 31, 2016) increased
marginally by 8 from 2,760 to
2,768. The increase in numbers
in Marketing and Research and
Development has been more
than offset by the reduction in
numbers in Manufacturing. The
number of employees comprises those working in the Company and also in its non-manufacturing subsidiary and associate
companies, but not those working in manufacturing subsidiary, joint venture or associate companies.
Long-term settlement with all the Unions at Atul Complex was signed on the same day and the agreement was reached to
further enhance people productivity. The settlement period was increased from 4.5 years to 5 years. Employee Relations at
all locations remain cordial, and the endeavour is to completely eliminate the divide that sometimes separates the managers
and the workmen and use the strengths of everyone to boost the performance of the Company.