Training & Development Policy

At Picolab Technologies Ltd., we believe that investing in the continuous development of our employees is vital for both individual growth and the long-term success of the company. Our goal is to foster a culture of learning and skill enhancement, enabling our workforce to stay current with industry trends, enhance productivity, and adapt to evolving job requirements.

Policy Objectives
This policy outlines Picolab’s commitment to providing employees with access to training and development opportunities, ensuring they have the necessary skills, knowledge, and support to perform their roles efficiently and pursue personal and professional development.

Key objectives of the policy are:

1. To support the development of employees in alignment with business goals and operational needs.
2. To enhance the competency, confidence, and motivation of our workforce through structured learning opportunities.
3. To ensure that all employees have equal access to training and development, regardless of gender, age, race, or other protected characteristics.

Scope
This policy applies to all permanent employees of Picolab Technologies Ltd., including full-time and part-time staff. Temporary employees may participate in training programs at their manager’s discretion, though this policy does not apply to contractors or external consultants.

Training and Development Framework

Picolab Technologies Ltd. offers a variety of training and development initiatives, including but not limited to:

• On-the-Job Training: Practical learning experiences that allow employees to acquire new skills while performing their duties.
• Workshops and Seminars: Internal and external sessions designed to address specific skills or knowledge gaps.
• Conferences and Webinars: Participation in industry-related events to stay updated with the latest trends.
• Mentoring and Coaching: One-on-one or team-based support to foster professional growth.
• Job Rotation and Shadowing: Opportunities for employees to gain experience in different areas of the business, enhancing cross-functional knowledge.

Responsibilities

1. Employees are encouraged to take an active role in their own development by seeking opportunities to improve their skills and knowledge. They should work with their managers to identify training needs and take full advantage of learning programs.
2. Managers are responsible for recognizing the development needs of their teams and working with employees to identify relevant learning opportunities. Managers should also coach and mentor employees to help them meet their career goals.
3. HR and Senior Management will facilitate and coordinate training programs, ensuring that employees have access to resources that align with both individual and business needs. HR is also responsible for maintaining records of all training activities and evaluating their effectiveness.

Equal Access and Non-Discrimination
Picolab Technologies Ltd. is committed to providing all employees with equal access to training opportunities, ensuring that development is available to everyone without discrimination. Training programs will be designed to accommodate the diverse needs of our workforce.

Time Allocation
Employees are eligible to participate in training programs based on their role and tenure, with time allocated for participation in external courses, workshops, or conferences where relevant. Training days should not exceed the allocated limit, and any additional training costs may be covered by the company, depending on the relevance to business needs.

Continuous Learning Culture
At Picolab, we encourage a culture of continuous improvement. Employees are urged to apply the skills and knowledge gained through training to their roles and share what they have learned with colleagues, fostering a collaborative learning environment.

Monitoring and Review
Managers and HR will assess the success of training programs and track progress against development goals. Regular feedback will be collected to ensure that training initiatives remain aligned with both individual aspirations and company objectives.

Conclusion
Picolab Technologies Ltd. is dedicated to supporting the ongoing development of our employees. Through this policy, we aim to create a motivated, skilled, and adaptable workforce that contributes to the growth and success of the company.

Approval and Review
This policy will be reviewed annually to ensure it remains relevant to the needs of the company and its employees.

Mohammad Farhan Islam
Director
Picolab Technologies Ltd.
October, 2024