Salary and Benefits
HTC appreciates each and every worker. We show our gratitude through a generous compensation package, proper benefits and sharing profits. The remuneration package adheres to regional labor laws, and does not discriminate based on gender, race, nationality, age, religion and party affiliation. The Performance Development Program, market standards, and future development are referred to when salary adjustments are considered. Incentives are provided to match pay with organizational performance. The Company drives innovation by retaining and inspiring its talent.
Since day one, HTC's pension plan has been in place in compliance with the regulations. 2% of annual salary paid was set aside from November 1999 for the pension fund. Since 2004, 8% of annual salary paid was handed over to the Labor Pension Reserve Supervision Committee to deposit and make payments from a dedicated account. On July 1, 2005, the New Labor Pension Scheme became effective, and HTC started setting aside part of the salary of employees who chose the new scheme for their pension fund. After careful calculations and consideration and approval by the competent authority, the 8% appropriation of old scheme was revised to 2% for those who remained on the old scheme. In May, 2021, the accumulated funds appropriated reached the legal standard, and hence HTC applied to the authority to suspend appropriation. The request for a one-year suspension was approved.
In addition to providing all employees with labor, health insurance, club activity subsidies, departmental dinners and employee gyms, it also provides full-time employees with labor retirement and group insurance, employee health checks, employee meal subsidies, and annual travel subsidies and other benefits.
|
HTC’s Welfare Committee
|
Benefits matters including education scholarships for children, festival gifts, department travel subsidies, activity subsidies, and group insurance. The committee is also responsible for the gymnasium and outdoor playgrounds.
|
|
Travel subsidy
|
Based on seniority.
|
|
Encouragement for Senior Employees
|
HTC respects the long-term effort of our employees, and acknowledges their hard work with longevity bonuses and a thank you card at 5, 10, 15 and 20 years of continuous service.
|
|
Labor-management Agreement and Employee Rights
|
HTC convenes labor-management meetings every quarter and at least four meetings are held every year. Seven representatives are elected by employees for the meetings while seven others are designated by the company. The minutes of these meeting are referred to in the resulting follow-ups, which include any necessary corrective action.
|
|
Transportation Vehicles
|
HTC offers the shuttle bus service as the safe alternative for our employees to commuting to work and promote the idea of car-pooling and carbon reduction.
|
|
Group Insurance
|
HTC and the Welfare Committee buy group insurance for employees, so that an employee who is hospitalized for sickness, injury, or who dies, can still provide some security and protection for their families. In light of the severity of the pandemic in Taiwan, HTC provided pandemic insurance to all employees in 2021 to double employee security and safety.
|
|
Staff Emergency Relief
|
In the event an employee falls ill, gets injured, becomes disabled or dies as a result of a job-related hazard, HTC provides compensation according to the Labor Insurance Act or other applicable regulations. HTC may offset the expense if the compensation for the same accident is made by the Company, and expresses sympathy through group insurance proceeds.
|
|
Others Benefits
|
All employees with labor/health insurance, labor retirement, employee health checks, employee meal subsidies, and annual travel subsidies and education scholarships for children...etc.
|
|
|
|