Employee Benefits
PSC aims to become one of the best companies to work for, fulfill its corporate social responsibilities, and take care of its employees. Apart from providing labor and health insurance, pension, family care leave, menstrual leave, antenatal leave, maternity leave, paternity leave, unpaid parental leave, and other benefits, it offers a four-day vacation leave each year, which is additional to what the labor law stipulates. This is for employees to take proper rest and enhance family relationships through traveling beyond work. Other employee benefits include the following:
- An employee welfare committee is in place to arrange and administer various welfare programs, including family day activities, travel subsidies, wedding and funeral subsidies, injury and hospitalization compensations, nursery subsidies, vegetable-forward restaurants, discounts at selected stores, and other diverse club activities covering arts and humanities, sports and fitness, religion, and parent-child interaction.
- In addition to labor and health insurance, the Company also arranges group accident insurance for all employees.
- Those traveling abroad for work are covered by travel safety insurance.
- Perform employee health check-ups every two years.
- In addition to the year-end bonus, colleagues in sales units will also receive work performance bonuses on the three major national holidays.
- Allocating employee cash bonuses based on the achievement of operating goals.
- Providing internal and external training courses with the goal of long term cultivation of talents.
- Cafeteria, coffee bar, library, massage station, and nursing room in our Taipei Headquarter office
- Cafeteria in our Taoyuan Chinpu factory, serving local organic lunch to employees
- Holding lectures on environmental protection and food safety.Setting up a vegetable-forward canteen and, through subsidies, encourage employees to support local farmers in addition to promoting the idea of “eat locally and eat at ease.”
- Starting from March 2023, each employee will be eligible to receive two boxes of ethically produced eggs from small-scale farms per person per month.
In addition, in compliance with the “Act of Gender Equality in Employment,” aside from zero differences and discrimination based on gender in various employee benefits, the reinstatement rate of employees on unpaid nursery leave in the past two years is as high as 100%, enabling talented workers who are temporarily unable to enter the workplace to retain their jobs, for the time being, according to their nursery needs, then resume their careers once they can devote themselves to the workplace.
Retirement system
Establishing a Supervisory Committee of Labor Retirement Reserve, also forming organizational rules of the Committee and retirement methods. According to the “Labor Standards Act,” the Company contributes 2% of an employee’s monthly wage as their retirement fund and deposits them into a special account under the name of the Supervisory Committee of Labor Retirement Reserve at Bank of Taiwan. Since July 1, 2005, the Company has established a retirement plan based on the Labor Pension Act, which applies to all employees who are citizens of the R.O.C. The Company selects for employees the appropriate labor pension system stipulated in the Labor Pension Act, contributing 6% of an employee’s monthly wage to their personal pension accounts at the Bureau of Labor Insurance. The employees’ pension could be withdrawn as monthly pension payments or lump sum payments based on their pension accounts and accrued dividends.
Working environment and employee safety
The Company is committed to building a safe and healthy workplace and corporate culture in order to fulfill corporate social responsibilities. Aside from meeting relevant domestic regulations in the workplace, the Company has also been in line with internationally recognized standards. The ISO14001 environmental management system is introduced to the factories, and they also comply with the Occupational Safety and Health Act. The Company actively promotes environmental protection and safety and health activities; it is committed to pollution prevention, waste reduction, and resource reusing; it also manages potential environmental, safety, and health hazards through continuous risk improvements. For the workplace environment safety, on top of the legally required periodic fire inspection reports, building public safety inspection reports, and workplace monitoring, the devices and fire equipment are also under regular maintenance and inspection to ensure that they meet safety standards; additionally, to ensure that the workplace continues to meet safety and health standards, the Company regularly monitors the quality of drinking water, lead operations, and carbon dioxide concentration in the workplace and monitors the concentrations of chemicals in the air in real-time, ensuring the quality of the workplace and protecting the health of employees to avoid occupational diseases.
The Company has established "Environmental Policies" and "Occupational Safety and Health Policies" as the guidelines for the workplace and occupational safety of employees:
Environmental Policies
The Company has established environmental policies for the environmental management system “meeting environmental protection regulations, implementing full participation, effectively preventing pollution and reducing waste, and cherishing common resources,” also setting various environmental improvement policies and requirements. Additionally, the Company regulates the raw materials, production, products, and services, as well as chemical, pollutants, waste management, and other operations according to relevant procedures; effectively monitoring and managing them to reduce any negative impact on the environment or matters that do not comply with environmental regulations. Also, auditing and continuing to improve the overall environmental performance.
The Company’s continuous operations management system is pushed forward with its focus on the sustainable development of the Company. Deeply recognizing that the occurrence of natural disasters and production plant accidents could have a tremendous impact on the Company’s assets, production and operation, and the safety of employees, the Company fulfills production and management procedures through rigorous environmental or health and safety hazard identification, risk assessment, as well as operational safety regulations and benchmarks. Additionally, through appropriate organizational planning, vertical department objective assignment and management, plus horizontal department communications, the Company accomplishes a risk management network from point and line to plane. Aiming to establish comprehensive risk management, the Company maintains the effectiveness of risk management and control and continues to learn the results of production plant risk management and control through supervision and measurements.
Occupational safety and health policies
PSC has occupational safety personnel. During the process of research and development, manufacturing, testing, and sales of the Company’s products, in addition to meeting safety and health regulations, it also implements hazard risk management in compliance with international and Taiwan Occupational Safety and Health Management System. The Company conducts hazard assessments and continuous risk improvements regarding various operations and working areas. Additionally, it instills in the employees correct occupational safety and health information through pre-employment safety and health training, safety promotions, fire drills, and escape drills. Hoping to reduce occupational safety and health accidents and do its best to protect employees.
Policy goal: Pay attention to employee safety and comply with occupational safety regulations
Policy objective: zero work injuries
Strategy: Strictly adhering to safety and health regulations, implementing hazard and risk management, and reducing occupational safety accidents
Measures:
- Implementing occupational safety training for new recruits, 4 hours per person
- Zero work injuries
Average of employee salary adjustment
Explanation of the relevance and reasonableness of the company’s operating performance and employee compensation:
In addition to the provisions of the company’s articles of association, the basis for the assessment of the company’s employees is based on the company’s profit situation (net profit before tax), position, professional ability, contribution and annual assessment performance as the basis for salary adjustment and reward.