To enhance an employee-oriented work environment, we provide diverse welfare and benefits programs, such as recreational activities, domestic (overseas) vacation subsidies, injury and illness relief funds, emergency relief funds, employee dependent scholarships, and educational assistance programs. The total employee welfare income was NT$6,738,175 and total employee welfare expense was NT$4,673,088, an expense ratio of 69.35%.
In terms of retirement planning, we have a Workers Retirement Reserve Fund Committee, which serves the employees under the grandfathered retirement plan, that a monthly retirement reserve fund is transferred to a designated account at Bank of Taiwan. For all the employees outside of the grandfather clause, in accordance with Labor Pension Act, the company contributes a monthly retirement fund, 6% of each employee’s monthly salary, to the individual labor pension account at the Bureau for the employees covered by the Act, respectively. Retirement plans & implementation as follow:
We created an employee stock ownership trust to enable employees to participate voluntarily, and we match 20% of the employee’s contribution each month. With the intention that the employees can share the company profits and commit to the company, the employee stock ownership trust also serves to improve employee welfare and retirement planning. In 2019, 39% of employees participated in the employee stock ownership trust. Furthermore, the total amount of domestic (overseas) vacation subsidies for employees in 2019 was NT$ 1,494,751, which accounted for 32% of the employee welfare expense.
Day Trip to Chiayi Meishan Township Taiping Bridge
2-day trip to Hsinchu
2-day trip to Tamsui and Yehliu
2-day trip to Taitung
With many of our female employees moved onto the next chapter in their lives, getting married, and having children, in the recent years, to assist returned nursing mothers at work, we provided a lactation room for them to use for pumping breast milk. There are two separate fully-equipped areas in the lactation room, creating a warm, friendly, and relaxing environment. In addition, there’s a “Lactation Room User Guideline” in reference to the use of this amenity.
Sink and a steam sterilizer in the lactation room
Refrigerator for breastmilk storage