Performance and Remuneration Evaluation

OUCC has developed a comprehensive and diverse performance evaluation system with clear regulations on employee performance evaluation, rewards, and punishments, to keep balance of the fairness and employee development and ensure that each employee’s performance is consistent with the company’s overall goals.

OUCC has established the "Rules Governing the Payroll" as the basis for compensation evaluation and salary adjustment for all employees. By actively grasping the salary level of the industry market and regularly reviewing the salary policy of OUCC to share bonuses with employees when there is profit, the measures have effectively attracted and retained outstanding talents. In 2023, 100% of employees participated in the performance evaluations, which covered employees of all levels.
 

Performance Evaluation Management Mechanism
Talent Attraction and Retention
Sound Pension Mechanism

OUCC convenes regular Retirement Reserve Supervisory Committee meetings to review the allocation and use of pensions and fully protect the rights of retired employees according to the “Labor Standards Act” and the “Labor Pension Act.” In addition, a retirement system covering 100% of employees has been formulated to ensure that employees can maintain a certain quality of life after retirement.

In 2023, a total of NT$19,607 thousand in retirement reserves were deposited into the special account. By the end of 2023, the amount in the special account for labor retirement reserves reached NT$171,590 thousand. We comply with the provisions of the Labor Standard Act to regularly evaluate the retirement reserve every year, which is sufficient to cover the retirement preparations for retired employees.
 

We support our employees and help them to start new lives after retirement. Before retirement, we share and exchange all the information they need to facilitate the proper planning of their finances, social and leisure lives as well. In addition, various communication channels for our retired employees to keep in touch with each other are established for them to share health management and ideas, which tighten the emotional bonds of the retired employees and the company, indirectly providing a channel for retirement life planning and communication, so that employees can live a more colorful and worry-free life when retired.


Talent Attraction and Retention
Sound Pension Mechanism
Talent Attraction and Retention



 
Employee Compensation and Benefits

OUCC leads the industry in the provision of double group insurance. The coverage includes life insurance, accident insurance, hospitalization & medication, and cancer. Employees do not need to pay to be covered by the comprehensive benefit. In 2023, the employee benefits expenses totaled approx. NT$79 million with a welfare subsidy of NT$18 million.
In 2023, the average salary of OUCC’s new employees was 1.56 times the minimum wage in Taiwan, amongst which male is 1.55 times, female 1.66 times, and female 1.07 times to male.

In addition to paying a salary above local minimum wage, pay raise is also offered based on the results of annual performance evaluation. The company is willing to share the profits with its employees.

Talent Attraction and Retention

Talent Attraction and Retention

 
Employee Benefits Explanation

The OUCC Employee Welfare Committee, which in addition to the lawful benefits, arranges welfare activities for the employees that include an annual banquet, scholarship grants, subsidies for activity, birthday, meal allowance, wedding, funeral, childbirth, and monetary gifts for three public festivals and the year-end. In addition to health checkups and group insurance for employees and their families, we also organize annual employee trips and other activities for employees' physical and mental health.

The year-end banquet, which is widely popular among the employees, has been cancelled since 2020 due to the pandemic, yet resumed in 2023. In the meantime, OUCC still insists on holding recognition and appreciation ceremony for senior employees. Service awards are presented based on the employees’ seniority. Besides the ceremony, a personal web page of the award for each employee is created and award presentation pictures are taken. All of these activities and awards are meant to honor their glory.

Talent Attraction and Retention
The OUCC Employee Benefits Expenses
Talent Attraction and Retention
 
Parental Leaves
Talent Attraction and Retention
Employee Transportation Fee Subsidies

OUCC provides transportation fee subsidies for Linyaun employees and employees in areas where shuttle buses don’t reach. A total of more than NT$1,625,186 was subsidized in 2023.

Talent Attraction and Retention
Activities Highlights

Talent Attraction and Retention

 
Club Activity

The OUCC does not have a great number of employees, but we are as close as family. Our employees develop all kinds of associations for exercise and stress relief. When a club is formed, the Director of the club files an application and a prospectus for annual club activity and a budget, a club members list, the purpose of the new club, and an introduction of the club to the Employee Welfare Committee for a resolution. Grants are provided to the officially established clubs.

 
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