Human Resources
Employees Retirement System and Implementation：
1.The Company has established its employee retirement guidelines in compliance with the Labor Standards Act. Retirement of in-service personnel follows the requirements and the Guidelines of the Company.
2. The Company applied to establish the Labor Pension Reserve Supervisory Committee with the competent authority on February 10, 1987 and sets aside the pension reserve according to the pension fund actuarial report. Employee pension reserve at 2% of the overall monthly salary is set aside and deposited in the exclusive account with the Central Trust of China. Employees who have worked for 15 years and above and are 50 years old or have worked for 20 years and above may apply for retirement.
3. The Labor Pension Act has been enforced since July 1, 2005. According to the Act, the Company shall set aside 6% of each employee’s monthly salary as the labor pension fund. By requirement, those who were hired before June 30, 2005, and were in service on July 1 could choose to continue to apply applicable requirements about pension funds under the Labor Standards Act or to use the pension system under the Labor Pension Act and retain the years having worked prior to applicability of the said Act. On the other hand, new employees from July 1, 2005, could only choose to apply the pension system under the Labor Pension Act.
Working environment and protective measures for the personal safety of employees
1. Working environment and protective measures for the personal safety of employees.
2. The Labor Safety and Health Work Rules are established to govern the maintenance and inspection of equipment, safety at work and health criteria, educational training, first aid, and rescue, accident reporting, presentations, etc.
3. Have employees covered in the Group Insurance.
4.No smoking is allowed in the workplace and environmental disinfection takes place periodically.
5. Wearing a helmet and safety shoes is strictly enforced in the workplace.
6. Firefighting drills take place regularly each year.
(In 2021, a fire publicity and fire equipment practice was held, with a total of 26 person-times and 52 person hours)
(In 2020, a fire publicity and fire equipment practice was held, with a total of 35 person-times and 70 person hours)
The company plans relevant training courses according to the functions of employees in each department to improve the professional ability and overall quality of employees.
2022 Annual Training of Employees：
items | total people | total hours | TOTAL Amount(thousand) |
|---|---|---|---|
Professional occupational training | 73 | 310 | 111 |
items | Total people | total hours | total amount(t) |
|---|---|---|---|
Professional occupational training | 73 | 310 | 111 |
Professional occupational training
Total People
Total Hours
Total Amount
(Thousand)
73
310
111
Employee Benefits：
1. The Company established its Employee Welfare Committee on March 22, 1989. Employee welfare funds are set aside from the overall operating income and employee travels are organized periodically. There is an annual leave system in place, too.
2. Employees of the Company are entitled to benefits such as Labor Insurance and National Health Insurance coverage and payment of the pension fund. Benefits provided by the Company are as follows
(01) Chinese New Year prize
(02) Labor Day prize
(03) Dragon Boat Festival prize
(04) Moon Festival prize
(05) Wedding and funeral subsidies
(06) Reimbursements for educational training (Note1)
(07) Year-end parties and birthday celebrations
(08) Employee dividends and employee stock subscriptions
(09) Annual travel event
(10) Birthday gift
(11) Communication fee subsidy
(12) Rental parking subsidy
(13) Hospital condolences
(14) employee bonus
(15)employee compensation(Note2)
Note 1：The total amount of the 2022 employee training "Professional Functions" project is $111 thousand, with a total of 73 sessions and a total of 310 hours.
Note 2：By Articles of Incorporation, if the final annual accounts of the Corporation show a net profit, it shall allocate 1~10 percent of the net profit as profit-sharing compensation to employees.
In addition to the establishment of the employee welfare committee and the implementation of the pension system by the laws and regulations, the company also formulated the "Performance Bonus Management Measures" to reward employees to strengthen the various departments to achieve the company's annual business goals and achieve annual operating profits.
Activities Highlights
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