♦ Salary and Bonus
In addition to guaranteeing a 14-month annual salary (including holiday bonuses for a total of 2 months), Fiti also provides an overall salary system that is externally competitive and internally fair, building a challenging, excellent and healthy working environment. The company's salary includes basic salary, allowances, bonuses and remuneration to attract and retain talents, improve the planning and implementation of annual salary adjustment operations, and issue performance bonuses and employee compensation bonuses. The overall salary of employees is based on Fiti's operating goals and profitability, taking into account of employees' professional skills and job performances. In addition, we also plan a medium- and long-term retention stock incentive policy to motivate and retain outstanding talents.
FITI will link ESG indicators to senior executive compensation management starting in 2025. The remuneration committee will evaluate senior executive compensation based on total shareholder return indicators and the achievement of ESG indicators. Variable rewards will be assessed based on operational performance, accounting for 70% to 90% of overall compensation depending on position and performance, and ESG performance accounting for 10%. This will strive to achieve synergy between senior managers' compensation and the organization's commitment to ESG, and strengthen the awareness of sustainable management from top to bottom.
♦ Attendance System
Besides the leaves stipulated by the Labor Standards Act, Fiti provides the vacation system that is superior to the Labor Standards Act, so that Fiti's staff can schedule vacations according to their personal needs throughout the year and achieve a balance between work and life.
♦ Insurance and Retirement
To provide employees with a full range of insurance without worries, Fiti not only purchases social insurance in accordance with the law, but also adds group insurance for each employee; staff in Taiwan can also choose to participate in the preferential group self-pay insurance plan provided by Fiti for their families. In addition, it also insures safety insurance for staff who travel on business due to business needs to improve and strengthen the overall protection of all employees.
The retirement system and implementation of the plant in Taiwan are formulated in accordance with Labor Standards Act. For employees who apply to the old system, a pension supervision and management committee is established according to law to for pension management. Actuaries are also appointed every year to submit actuarial reports to ensure full provision to protect employees' rights and interests.As of JAN 30, 2024, the old pension system had withdrawn NTD41,689K. After the implementation of the new Labor Pension Act, if the new system is selected, Fiti will transfer 6% of the insurance grade to the individual pension account on a monthly basis; in addition, employees can choose to voluntarily contribute to the pension within 6% according to their personal wishes.
♦ Health Management
Comprehensive health checks are provided every year.
Finished health check around 422 persons in 2024 and the achievement rate is 79%.