Pfizer Australia Media Affairs

Maida Talhami
Manager, Media Communications
Tel: (02) 9850 3578 or 0488 274 093

media@pfizer.com.au

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Pfizer Australia Plant Wins Business Award

Friday May 16, 2003

An innovative employee recognition scheme at Pfizer Australia’s West Ryde manufacturing plant has won a prestigious Western Sydney Business Award.

The company’s Reward and Recognition Program for its local manufacturing staff was entered in the Organisational Innovation category. It was the sole winner in this section.

The Reward and Recognition Program is in its fourth year and is unique in the way it ties end-of-year bonuses to plant-wide objectives and links it to the company wide values and leader behaviours.

Pfizer Australia employs 150 people in its West Ryde plant, one of two it operates in Sydney.

Pfizer Australia Manufacturing Director, Ron Wilson, accepted the award from Minister for Western Sydney, Diane Beamer, today at the West Ryde plant.

Mr Wilson said the success of the Rewards and Recognition Scheme was borne out in results over a number of areas.

“The proven value of this program can be measured by improvements in staff morale and in the operational and financial results of the plant over the last few years. This is a consequence of employees having a better understanding of the business and participating in the improvement of the business” Mr Wilson said.

“During that time, more than 300 hazard assessments were identified and resolved, resulting in a decrease in accidents and near misses.

“Our production achieved a record of over 25 million units by the end of last year, which was significantly over the number we had budgeted for”.

“We have maintained our world class quality record and have achieved excellent results in meeting the needs of our customers”

“Our Reward and Recognition Program is our mechanism to recognize individual or team contribution and achievement and to reward everyone for rising to the challenge, making a difference and playing their part.”

Ms Beamer said the award was a significant achievement for Pfizer Australia, which is a major employer in Western Sydney.

“The Western Sydney Business Awards are an initiative of the NSW Government’s Office of Western Sydney and highlight the contribution and leadership of businesses and industry to the social, environmental and economic development of the region,” Ms Beamer said.

“Pfizer Australia is significant winner on all those fronts.”

The Western Sydney business area is the third largest regional economy in Australia, behind Sydney and Melbourne. It represents over 1.8m people and an annual business turnover of $58 billion.

Pfizer Australia is the nation’s leading research-based health care company. It discovers, develops, manufactures and markets innovative medical treatments for both humans and animals. . Pfizer will this year invest around $US5 billion in global research and development.