Employee welfare measures
The company's main operating base is located in mainland China, and employees participate in social insurance (including pension, medical, maternity, work-related injury and unemployment, etc.) in accordance with local labor laws and regulations to protect employee welfare, and provide welfare measures such as transportation access, employee meals, car purchase and housing purchase subsidies. In addition, employees are entitled to statutory holidays, marriage leave, annual leave and maternity leave; In addition to holding monthly birthday banquets, annual employee sports meetings, and holiday greetings and gifts to unite employees' feelings, the company also motivates employees with real salary subsidies such as year-end bonuses and performance bonuses issued by the company's operating performance and personal work performance.
The retirement system and its implementation
The company's main place of operation is Mainland China, in accordance with the provisions of local labor laws and regulations, participate in pension insurance and monthly withdrawal and pay social insurance to the local social security bureau for employees, after employees reach the statutory retirement age, they can apply for retirement pension from the social security bureau, and the retirement pension of all active and retired employees is arranged by the local government.
The employees of Taiwan affiliated companies handle employees' retirement rights in accordance with the Labor Pension Ordinance and its relevant regulations, and the new pension system is currently applicable, and the payment of their retirement benefits is paid by the Company at 6% of the monthly salary as a pension, which is deposited in the individual account of the Labor Pension, and the total number of new labor pension contributions as of December 31, 2022 is 7, and the number of individual pension accounts withheld from the monthly salary of employees to the Labor Insurance Bureau according to the voluntary contribution is 1, and no one has applied for retirement in 2022 years.
1. Retirement Eligibility:
(1) Employees who have any of the following circumstances may voluntarily request retirement:
(a) Those who have worked for more than 15 years and have reached the age of 55.
(b) Those who have worked for more than 25 years.
(c) Those who have worked for more than 10 years and have reached the age of 60.
(2) The company may be forced to retire under any of the following circumstances:
(a) persons who have reached the age of sixty-five. For workers with special qualities such as danger and physical strength, the company may report to the central competent organ for adjustment, but they must not be less than 55 years old.
(b) Physically or mentally disabled workers who are incompetent.
2. New pension claim criteria:
(1) Employees who have reached the age of 60 or the statutory standard may apply for a retirement pension from the Labor Insurance Bureau.
(2) The new pension shall be based on the total monthly salary of employees, and 6% of the monthly salary shall be allocated to the special account for individual pension according to the standard of the wage rating scale approved by the central competent authority.