Employee Welfare
Jia Wei strives to realize corporate vision with employees through treating them with honesty and integrity, and by offering comprehensive benefits and training to build fair and positive labor relations and partnerships that are mutually-trusting.
- Jia Wei Lifestyle adheres to the labor-related regulations of each of our operating locations around the world, follows the internal employee compensation policies. Jia Wei assesses compensations based on factors such as individual education and work experiences, Jia Wei's profitability, individual performance, consumer price standards, and market conditions in evaluating salary adjustments.
- Jia Wei is committed to the living and working conditions of the employees and provide them with comprehensive benefits. Besides providing health and labor insurance stipulated by applicable laws, we have also set up an Employee Welfare Committee to handle relevant employee welfare matters.
- Major employee benefits:
Holding of leisure activities.
Insurance for employees.
Gifts and cash gifts for holidays and festivals.
Departmental gatherings and activities.
Year-end bonus and remuneration distribution.
Travel activities.
Injury relief and emergency relief for common injuries.
Employee education and training.
Health checkup.
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Retirement System and its Practice
The Company's regulations regarding employee retirement are implemented in accordance with labor laws and regulations in various operating locations worldwide. According to the Labor Pension Act, the parent stipulates that 6% to the employees' pension account is paid monthly to the Labor Pension Account of the Bureau of Labor Insurance. The retirement of employees at our Chinese branch is handled in accordance with the local government's basic endowment insurance regulations.
Labor–employer Agreement and Measures on Ensuring Employee Rights
All measures regarding labor-employer relation abides related legal regulations. Currently they are well practiced. Any addition or amendment of the aforementioned measures are decided after comprehensive discussion and agreement between both sides. Currently, no disputes have occurred.
We ensure the employees’ legal rights according to law and respect their opinions. Employees and express their opinions through conferences, opinion mailbox and other means. So far, we have maintained outstanding labor-employer relation.
Situation on the Practice of Working Environment and Personal Security Protection Measures
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Access Security |
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Accident Preventing Measure and Countermeasures |
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Physical Health |
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Insurance | Jia Wei provides employees with insurance (labor insurance, health insurance, or social insurance). In addition, the parent company offers health insurance, and group insurance for employees in accordance with the law, including group injury insurance and occupational disaster insurance, of which the insurance amount of accidental injury insurance is NT$ 1 -10 million (insured as required by job duties) and that of occupational injury insurance is NT$ 300,000. |
Compensation of Employees
- Employee compensation:Jia Wei has established "Management Method for Employee Salary Calculation", "Management Method for Employee Leave" and relevant employee benefits management measures, and allocates employee remuneration based on the operating results of the current year, assessment of employees' annual performance and seniority to motivate colleagues to work together for Jia Wei's goals.
- Employee benefits:The parent company has established an Employee Welfare Committee to allocate welfare funds. The parent and subsidiary companies in the main operating locations of the Group also plan and provide high-quality benefits plans and provides various high-quality benefits for the staff, such as:travel, department dinners, birthday gifts, wedding and funeral subsidies and other benefits in accordance with local laws and industry standards.
- In terms of leave system:Jia Wei provides special leave to employees who continue to work in Jia Wei for a certain period according to the number of days stipulated by the Labor Standards Act on the basis of a fixed two-day weekend. The staff can also apply for allowances or days off in accordance with the labor laws and regulations of the location where each business base is located and the Company's relevant regulations in case of nursery, serious injury, serious accident, etc., to strike a balance betweent personal needs and family care.
- Diversity and equality in workplace:Jia Wei ensures that male and female employees have equal pay for equal work and provide equal opportunities for promotion. In 2023, female employees accounted for 47% and female executives accounted for 37% of the Group’s total number of employees. Jia Wei attaches great importance to employees' rights and benefits, shares profits with employees, maintains a good working environment, implements a friendly workplace to ensure safety for our colleagues.
- Business performance is reflected in employee compensation:In accordance with Article 22 of the Articles of Incorporation:If the Company has gained profits within a fiscal year, 3% or more of the profits shall be reserved as the employees' compensation, which shall be distributed by a resolution adopted by the board meeting in the form of shares or in cash. Qualification requirements of employees, including the employees of subsidiaries of the Company meeting certain specific requirements. However, in case of the accumulated losses, certain profits shall first be reserved to cover them, and then reserve remuneration to employees and directors in accordance with the proportion mentioned in the preceding paragraph.
- To recognize the contribution of the employees, develop the employees’ potential and enhance the performance of the individual work and organizational operation, the Company has established the Performance Evaluation and Promotion Management Regulations as a basis of employee promotion and bonus distribution when the Company is in a successful business operation. The performance evaluation covers the employees’ work attitude, performance of ability and the various indicators (i.e. ethical management, work ethic, etc.) of the Company they achieved in the year.