2023-11-10

Labor Relations

Employee Benefits

In accordance with the Company Law and the Company's Articles of Incorporation, 1% or more of the Company's annual earnings should be appropriated as compensation to employees.1 At the shareholders' meeting held on June 1, 2012, the Company's shareholders approved the appropriation of the Company's fiscal year 111 employees' cash compensation, and the employees' compensation (in cash) for fiscal year 111 accounted for 1.3% of the net income before income tax of the individual financial statements.

surname Nian degree (angles, temperature etc) 111surname Nian 110surname Nian 109surname Nian 108surname Nian 107surname Nian
Amount disbursed $825,773 $1,127,236 $22,216,001 $7,557,647 $8,662,972
  • Performance bonuses are awarded based on operating conditions.Rewarding employees with business results] Employee pensions
  • Subsidies for weddings, funerals, public injuries, hospitalization, etc., gifts for the three holidays, and bonuses for Labor Day.
  • The company has a wide range of products and services to meet the needs of the market, including: labor insurance, health insurance, and related family insurance.  
  • Staff meals, uniforms.  
  • Group life and accident insurance.
  • The company's social assistance program.  
  • Employee travel subsidy.
  • Payment of birthday gifts to employees.  
  • Year-end dinner, departmental dinners, and color drawings.

Training & Training Measures .

We have a regular schedule of training courses and provide professional staff with specialized training and further education.

 retirement system

In accordance with the Labor Standards Law, the Company has established an employee retirement plan and formed a Labor Pension Fund Supervisory Committee, which contributes a certain percentage of monthly salary to the Labor Pension Fund to be deposited in the Bank of Taiwan's pension fund account for the purpose of making future payments to the employees' pension fund. In accordance with the Labor Pension Act, starting from July 1, 2005, the Company contributes no less than 6% of salaries and wages to the employees' individual accounts at the Bureau of Labor Insurance each month. The payment of the employees' pension is based on the employees' individual pension accounts and the amount of the accumulated earnings in the form of a monthly pension or a lump-sum pension. All of the Company's labor relations regulations and measures are in compliance with relevant laws and regulations and have been implemented in good condition.

Labor and Employment Agreements

The Company belongs to the industry to which the Labor Standards Law applies, and all of its operations are conducted in accordance with the Labor Standards Law. As of the date of publication of the annual report, there have not been any labor disputes.  


Communication Pipes

1.The company provides employees with specialized mailboxes, communication channels are smooth.                  

  General Manager Mr. Wong Sai Chung Tel: (07)6116616 Ext. 211 .

  Email: [email protected] .

2. The Company Pinghu plant in accordance with « the People's Republic of China Labor Law», « the People's Republic of China Trade Union Law», « Zhejiang Province Collective Contract Regulations», the Ministry of Labor and Social Security « Wage Collective Negotiation Trial Measures» provisions, combined with the actual situation of the Company, on 2016/08/29 with the representatives of the staff consultation, signed « wage special collective contract ».

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