1. The Company has adopted employee work rules and implemented a pension scheme in accordance with the relevant labor laws and regulations to protect the legal rights of employees. An Employee Welfare Committee has also been established to manage employee benefits.
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2. The Company provides employees with a safe working environment as well as safety and health training. These help to prevent occupational injuries by reducing the risks to employee safety and health. Employees are also enrolled in labor, health and group insurance schemes. Health examination organizations are engaged to conduct employee health examinations on a regular basis.
3. The Company provides employees with a fair and equal workplace free from discrimination and harassment.
4. The Company has open channels in place for employee communication. Employee are provided with information and the opportunity to voice their opinions on the Company’s business management, decisions and planning.
5. “Employee Benefits”
Employee Benefits and Implementation
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Employee Development and Training
The Company offers a range of professional in-service training programs tailored to different competencies to enrich employees’ professional ability.
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Pension Scheme and Implementation
The Group’s pension schemes are based on the local laws and regulations at each company location.
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For companies within the Republic of China:
Applicability under "Article 8 of Labor Pension Act":
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Pension system
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Old system
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New system
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Governing law
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Labor Standards Act
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Labor Pension Act
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Percentage of contribution
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2% of employee's monthly gross salary.
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6% of employee's monthly insured salary.
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Custodian
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Held with Bank of Taiwan in the name of Labor Pension Fund Supervisory Committee.
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Contributions are made to employees' personal accounts under the Bureau of Labor Insurance.
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Retirement criteria
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Employees who satisfy any of the following requirements stated in Article 53 of "Labor Standards Act" may apply for voluntary retirement:
I. Those who have worked for over 15 years and are at least 55 years old.
II. Those who have worked for over 25 years.
III. Those who have worked for over 10 years and are at least 60 years old.
Pension is paid in one lump-sum according to Article 55 of "Labor Standards Act" (or over a number of instalments subject to approval by the authority)
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Employees may apply to collect pension according to Article 24 of the "Labor Pension Act" upon reaching the age of 60:
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Employees having completed 15 years of service or above may choose to collect pension on a monthly or one-time basis.
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Employees having completed less than 15 years of service may collect pension on a one-time basis.
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Employees below the age of 60 but having completed 15 years of service and satisfied the conditions mentioned in Article 24-2 of "Labor Pension Act" may choose to collect pension on a monthly or one-time basis. However, employees having completed less than 15 years of service may only collect pension on a one-time basis.
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For companies within China:
The Company makes employee endowment insurance contributions in accordance with the local laws and regulations.
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Labor Agreements and Mechanisms for Safeguarding Employee Rights and Interests
All Company regulations are based on the Labor Standards Act and two-way communication with employees is emphasized. There has been no major labor disputes requiring arbitration to date but the Company will continue to strengthen communication and coordination between employees and the management. Employee benefits will also be enhanced as much as possible to promote more harmonious employer-employee relations and minimize the chance of labor disputes.
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Working Environment and Personal Protection for Employees
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The Company sets great store by a clean and comfortable working environment. Employee safety at work is emphasized as well. Safety measures include access control, building security, surveillance cameras, and floor restrictions on elevators. Benefits that help employees live a settled life are also used to build a relationship based on mutual trust and support.
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Disinfection of common areas and fire drills are carried out every year. Safety & health education is conducted on an ad hoc basis. Annual fire safety inspections are also conducted.
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Prospective employees undergo physical examinations in accordance with the “Occupational Safety and Health Act.” Employees also undergo regular general health exams. The data is then compiled by human resources units to check on employees’ well-being at appropriate times to emphasize the importance of employee health to the Company.
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