UAE pharma firm IDS to start hiring from Q2 for different divisions
The UAE-based pharmaceutical distributor Al Ittihad Drug Store (IDS) hiring has gone up by 50 per cent in the first half of this year and the trend is set to continue in the second half, its CEO said.
“During the first half of 2015, our recruitment has gone up by 50 per cent as compared to the first half of 2014. We are expecting to continue this trend for the rest of this year. The various departments where we have recruited manpower include consumer marketing, ethical marketing, IT, trade division, logistics, etc,” Ahmad Tabari, Group CEO, said.
As a standard procedure, manpower planning begins every November of each fiscal year. The recruitment starts from Q1 and ends in Q2 of each year, however, whenever there’s a resignation/termination of an employee, immediate replacement should happen within 45 days from the date the post was vacated, he said, adding that majority of the openings are based out of Dubai.
“We welcome the idea of open recruitment in the future if there is a big demand of manpower, but as of now, we get in touch with different universities in the UAE for possible and potential talent to join the organization, through their career and placement offices,” Tabari said.
Its sales in the first-half of 2015 increased 13 per cent to Dh157.528 million as compared to the Dh139.3 million registered in the first half of the year 2014.
The company has also witnessed a significant growth in the Consumer Division, wherein IDS recorded 25% organic growth.
The consumer division has grown from Dh15.8 million to Dh19.8 million in the first half of 2015.
This significant increase is the result of organic growth from the existing portfolio and the launch of new products.
Because of the recorded organic growth and the new business opportunities available within the healthcare industry, IDS has been on a hiring spree across the divisions and this trend is expected to go till the end of 2015.
During H1 2015, the company packed, shipped and delivered more than 2.6 million units in the first half. Out of this, 1.3 million units were achieved in the first quarter of 2015.
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