Training & Development Policy
It is the policy of Forward Gear (Pvt.) Ltd that company’s T&D department shall provide all kind of training to workforce as per schedule to comply the workplace standard. Through these session employee can develop their career by uplifting their capabilities. T&D department shall adopt internal and external resources for uplifting the worker’s skills.
Career Development Policy
It is the policy of Forward Gear (Pvt.) Ltd to care about the right of workers for promotion and career development. Company promotes the junior to vacant up-graded post on the basis of education, technical skills and experience. Those workers who have been studying formal education or technical education, when they complete their education company rotate and promote them as per their education, skill and expertise.
Policies & Benefits
Life Insurance Policy
It is the policy of Forward Gear (Pvt.) Ltd to provide group life insurance facility to all workforce. This facility shall start after the completion of probation period of 3 months. In case of death of any employee, the insurance company shall pay Rs: 200,000/- to the legal heirs of the employee. In case of accidental death of any employee, the insurance company shall pay double of the above mentioned amount. Premium will be paid by the company.
It is the policy of Forward Gear (Pvt.) Ltd to register each and every employee with the E.O.B.I (Employee’s old age Benefit Institution) after the probation period of 3 months. EOBI Department pays the pension to the retired employees after completion of minimum period as per EOBI law. For this facility Company has to pay 5% of total salaries of the employees to the E.O.B.I Department on monthly basis.