Remuneration and Welfare
The Employee Welfare Committee

Remuneration and Welfare

Employees are the important assets of the Company. Providing reasonable remuneration and welfare is favorable to create good economic conditions for the employees, retain outstanding talents, and improve the competitiveness of the Company. The Company refers to the laws and regulations of the government as well as the market remuneration level to provide employees with competitive remuneration and good welfare, so that they can have premium living quality and demonstrate their competence and value in the work without any concern about their living.

 

Remuneration and Employee Welfare

The overall remuneration that the Company provides include basic compensation, allowance, bonus and remuneration for employees. The pay for new employees is higher than the regulatory standard and reviewed and determined reasonably in consideration of the requirements of the position, complexity and difficulty of the work, professional knowledge, experience, technique, and the remuneration level of other companies in the industry without any preference or discrimination with respect to gender, age, race, religion, and political stance. In 2023, the ratio of indirect male to female laborers in terms of their pay was 1:1.18 if categorized in function, while the ratio of direct male to female laborers in terms of their pay was 1:1.02.

 

 

wage01.PNG (51 KB)

Welfare Actions Better than Regulatory Requirements

In addition to the remuneration, the Company provides various welfare benefits for employees and effects labor insurance and national health insurance for new employees on the date when they report for duty so that they can acquire the assurance they shall have. The Company also provides many welfare actions better than what the law requires. For example, group insurance is taken out for employees without deductible. Employees may select to incorporate their family members into the insurance at a preferential rate and have their family members acquire more complete assurance. When colleagues ask for leave for weddings or funerals, we proactively start caring for employees' rights and interests, provide various subsidy information and forms to colleagues, and notify the windows of various undertaking units to assist in operations, providing immediate care services and protecting employees' rights and interests. 

 

en_wellfare01.png (113 KB)