Dr Reddy's Labs: Nurturing global leaders Change managers get a thumbs up at Dr Reddy's Lab. Snapshot Total employees: 7,704 Average age: 31 years Attrition rate: 17.5 per cent Male:Female ratio: 10:1 Average career tenure: 6 years HR cost: Rs 267.2 crore Promotion rate: 9 per cent Training budget: Rs 5 crore Training man-days: 25,000 Revenues: Rs 6,509.5 crore Net profit: Rs 1,122.4 crore
Here employees are allowed to take up challenging assignmments, which they may not have handled earlier or don't have any proven experience with, but do seem to have the potential to handle them successfully. In a parallel effort, the company is working on correcting the gender ratio, which is still skewed in favour of men at 10:1.