On the Polish market, there are many entities of the various scales of business activity in the pharmaceutical sector. They include, among others, groups with pharmaceutical facilities, foreign corporations, which took over production facilities through privatization, and representative offices of foreign companies.
The pharmaceutical industry is characterized by the implementation and maintenance of high ethical standards and safe processing of data, which pharmaceutical companies also expect from their service providers. Efficient management, such as R&D activities, also requires the development of corporate knowledge by employing experts and providing them with attractive working conditions, including extended packages of benefits in kind, group insurances, Employee Pension Plans, or Employee Capital Plans with the employer’s voluntary contribution, and other company benefits.
Due to the dynamic character of demands, many employees are acquired by employing experts from abroad. It usually involves determining the tax residence and paying attention to additional benefits in kind because of the possible need of charging the personal income tax and contributions for the Social Insurance Institution. Similar determination might be necessary in the case of secondment of an employee (employed in Poland) to foreign facilities.
For companies from the pharmaceutical industry, MDDP Outsourcing offers the following:
Optimization of the use of employee competencies and of functioning of the organizational structure, which involves frequent changes in the assignment to organizational units and, consequently, HR management regarding such changes and, finally, generation of data for booking of the payroll that reflects the current employment status in each unit.
The pharmaceutical industry also utilizes work methods such as home office as well as new ways of settlement of working time in overtime or during business travels, through the possibility of “redeeming” or compensating them with days or hours off.
In this sector, without a doubt, a very important element is staff reporting for managerial purposes, e.g. when the production facility is located in a special economic zone, it is necessary to apply extended reporting regarding the employment status, a budgeting process in the portion concerning costs of labor, and in the case of financing of undertakings with EU subsidies – evidence of costs of remunerations proportional to the time devoted by assigned employees, individually by each project.
We believe that stable operations, increase of working standards, and combination of systemic and substantive elements in the package of services offered by MDDP Outsourcing are values that you seek for and take into account prior to commencement of cooperation:
If you have any questions or would like to learn more about our offer, we highly encourage you to contact us or one of our stationary accounting offices: in Warsaw (Mazovian District) or in Katowice (Silesian District).
MDDP Outsourcing Experts remain at your disposal. We will be glad to answer any inquiries regarding our services, offer quotations and other issues related to our company.
For more details please use the contact form.
Accounting office in Warsaw
tel. (+48) 22 351 13 45
Accounting office in Katowice
tel. (+48) 32 797 83 50