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  • Advice You - Recognizing Employees' Contributions Can Go a Long Way

    Every employee would like to earn as high a salary as they can at their job but surprisingly it’s not the number one motivating factor for them in the workplace. Human resource surveys indicate that wages are not even among the top five motivating factors for an employee. What does rank as one of the highest factors is being recognized by their employer for th
    According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
    eir contributions.

    With the current job outlook being referred to as a “buyer’s market,” job seekers have a lot of positions to choose from. Employers, on the other hand, know there are more jobs than candidates so they have to boost the morale of their employees to retain staff or there might be even more slots to fill.

    Bryant Garcia, a corporate recruiter
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    based in Fiducial’s Technical and Administrative Support Center (TASC) in Columbia, MD, noted that if you have a motivated employee you’ll have a productive employee.

    “In order to motivate people you have to acknowledge their efforts,” he said. “It’s important for employees to have that sense of accomplishment and their employer or their boss feels that they a
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    re doing a good job and contributing to the overall success of the business.”

    While HR studies reveal that employees want to feel valued and know that their contributions are being recognized, some small companies feel that they can’t do much in the way of showing their appreciation. But Garcia says that’s just not true.

    Energizing your employees

    “There are
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    lot of things they can do and most of them are free,” he said. “A word or two at the end of a tough week from the office manager or boss who can go around and congratulate everyone on a job well done can go a long way. On Friday, you can let employees leave a little earlier and tell them they’ve done a great job that week. That has such a resounding effect o
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    n their morale that it just energizes people. That’s really what you want to do—get to a point where they are energized.”

    Other suggestions include having an employee of the month club with a small plaque or something that would be displayed in the place of business for everyone to see. Another option would be to energize the entire staff by providing a month
    ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
    ly pizza lunch or something that everyone shares together. Depending on the type of business, awards can be given for the numbers of calls received or the number of clients helped. Milestones can be set for each job and when these are met, make sure that employees are recognized.

    “That boosts productivity more than anything,” Garcia said. “It makes employees
    easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
    feel happy and productive and they’re going to be loyal and want to do well because their job is important to the overall business.”

    At a time when many companies seem to take their employees for granted, Garcia says that with the abundance of available jobs right now, employers don’t have to break the bank to get a lot of return on their goodwill efforts.

    “Th
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    ere are simple programs that cost little or no money that can go a long way in keeping people happy,” he said.

    The most valuable asset

    David Moore, a Fiducial franchisee in Fort Lauderdale, FL, doesn’t have an awards program for his employees but he makes it a point to celebrate birthdays and special occasions such as anniversaries.

    “We have a little luncheon
    and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
    with cake and ice cream,” he said. “On Fridays I’ll bring in a dozen bagels and we’ll all sit down and talk and work together. It gets to be real important. They don’t want to miss a birthday. If we were to miss it they would be upset.”

    Each year, Moore hosts an after tax season party at his home where he invites all his clients, employees and their spouse
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    . “We had about 140 to 150 people attend this year,” he said.

    Moore says that maintaining morale is very important for him. “Let’s face it: our employees are the most valuable asset we have,” he said.

    In Flagstaff, AZ, Sean Duffy also takes time to recognize birthdays and anniversaries. The Fiducial franchisee also takes his staff out for Christmas dinner.
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a

    Like Moore, Duffy considers morale very crucial to the survival of his business so he holds periodic meetings, usually every two weeks where any issues or concerns are addressed.

    “It could last anywhere from two to three minutes in length to 45 minutes to an hour,” he said. “The topics could be anything from bookkeeping issues with particular clients, clients
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    who keep making the same mistakes or clients that are falling behind and how to resolve that. We always have closure with the ideas as well such as who’s going to call which client and when.”

    Since he’s investment licensed, Duffy wants to set up a retirement plan in the near future for his staff.

    “It’s a major issue with a lot of people,” he said. “It’s not
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    an incentive plan as such but it really is. People of all ages even those in their 20s should be concerned about retirement.”

    With pride comes good morale

    On Florida’s East Coast, Jim Rizzolo tries to create an environment where his employees feel that they are doing something worthwhile in the Fiducial franchisee’s Port St. Lucie office.

    “I believe that an
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    instill that in my staff,” he said. “And I try to have them do work that they can be proud of and to motivate them to be proud of the work they do as it stands up in the community against others.”

    Rizzolo says that with pride comes good morale and one thing he always does is keep his word when he says he’s going to do something.

    “If I say you’re going to get
    t?

    As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
    a raise on a certain date you will get it on that date,” he said. “That helps my staff’s confidence. They know what to expect from me. I’m pretty much of a straight shooter.”

    Rocky St. John likes to surprise his employees in his Fiducial office in Colorado Springs, CO. Recently, he gave away two tickets for dinner at a local restaurant to an unsuspecting s
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    taffer.

    “I appreciate what they’re doing,” he said. “That’s something that will put something behind my words.”

    St. John says he’s pretty liberal about giving employees time off. His payroll person has a husband who’s in the U.S. military in Afghanistan. “Whenever he calls nobody bothers her,” he said. “We want to support her.”

    He tries to say “thank you”
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    to his staff when they’ve gone above and beyond the call of duty by putting a little extra money in their paycheck.

    “We just wanted to say thank you with a purpose,” he said.

    They normally have a gathering for birthdays complete with cake and ice cream along with a $25 check and a birthday card. It’s a kind of tradition for St. John who admits he’s been doing
    .

    As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
    this in his business “as far back as I can remember.”

    Having created an environment that’s conducive to getting things done, it’s also a setting where employees know their work is appreciated.

    “I’m slow to attack people and hold them accountable,” he said. “I want my door open. I’m much more forgiving and focused on fixing the problem than tearing them down.
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    I’d rather lift them up.”

    St. John also tries to teach his employees that their absence puts a burden on someone else so they need to be considerate of their fellow staff members. He applauds initiative and will praise his employees during weekly staff meetings.

    “I’d rather have people work out their own solutions because they take ownership of it,” he said


    tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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