Sound remuneration system,
favorable employee welfare, and harmonious labor-management
relations
Regularly review the remuneration
and welfare policies to attract and
retain outstanding talents.
Employee communication channels
are unobstructed, and labor-management relations are well interacted.
OUCC is committed to protecting the rights and interests of laborers. It selects outstanding talents with a fair, open and impartial recruitment system, provides remuneration and benefits that are better than the industry average, builds a safe and healthy workplace, and provides diversified and smooth communication channels to strengthen corporate identity, ensure the stability of new recruits and existing employees, retaining and attracting outstanding talents.
Regular Performance Evaluation
OUCC has developed a comprehensive and diverse performance evaluation system with clear regulations on employee performance evaluation, rewards, and punishments, to 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 they gain profits, the measures have effectively attracted and retained outstanding talents. Employees, including grassroots employees, employees at all levels, and management levels, participated in performance evaluations.
Performance Evaluation Management Mechanism
| Personnel | Item | Frequency |
|---|---|---|
| New Recruits | Employees who have passed the probation period, yet with an evaluation period less than one year | Base on the date reporting to work |
| New recruits are evaluated for qualification after a 6-month probation period | ||
| All Employees (Note) | An annual comprehensive evaluation resulted from each employee's absent status, leadership, work capability and performance, etc. | Annually |
Sound Pension Mechanism
OUCC has convened 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.
We comply with the provisions of the Labor Standard Act to regularly evaluate the pension reserves every year, which is sufficient to cover the pension preparations for retired employees.
Labor Pension System
| Old system | New system |
|---|---|
| 10% of the total salary is allocated to the pension fund per month and deposited to the Bank of Taiwan Trust Fund Special Account designated by the government. | According to the law, 6% of the monthly pension is paid to the employee's account in the Bureau of Labor Insurance according to the salary scale. |
We support our employees and help them start new lives after retirement. Before retirement, we share and exchange all the information they need to facilitate the proper planning of their finances and their social and leisure lives as well. In addition, we have established various communication channels for our retired employees to keep in touch with each other to share health management and exchange ideas, to tighten the emotional bonds of the retired employees and the company, indirectly providing a channel for retirement life planning and communication, so that employees may live a more fulfilling and joyful life after retirement.
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 able to enjoy the complete and overall benefit.
Salary & Bonus
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, monetary gifts for three public festivals, the year-end, as well as group insurance. 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.
