The Company policy is employee retention to optimum product quality standards can be achieved. They are well compensated by the Company for their efforts. The Company’s wage payments include minimum wage, overtime allowance and other welfare benefits prescribed by law and are in compliance with all regal requirements. Provident fund is one of the key long-term benefit programs to employees that the Company provides to help employees to save a portion their salary in the event of retirement, disability, sickness or unemployment.
The Company has been awarded of “Labor Management Excellence Award” by Ministry of Labor of Thailand for 16 consecutive years since 2008. In summary, the Company committed to providing various welfare programs for employees in order to make them have better life, good health, support for family etc., so that it could keep the moral and motivation of employees high and retain them for longer service duration.
In 2023, the Company operated in accordance with the Persons with Disabilities Empowerment Act, B.E. 2550 (2007) by supporting people with disabilities with equal practices, organizing works suitable for people with disabilities, and allowing people with disabilities to work in their place of residence in order to achieve the goal of creating jobs for people with disabilities and distributing income to the community residence.
In 2023, the Company employed 23 disabled persons, who were divided into 2 groups:
1. Section 33: The Company has employed 4 persons with disabilities as employees.
2. Section 35: The Company granted concessions, arranged places for distributing products or services to 19 persons with disabilities.
Summary of welfare programs provided to employees is as follows:
Economic Betterment | Healthcare Improvement | Family Support | Amenities and others |
Retirement benefits | Life insurance | Right to leave for vacation, sick leave, maternity leave etc. | Uniforms |
Provident fund | Annual physical check-up | Employee assistance such as ordination benefit, maternity benefit, wedding benefit, employee death benefit etc. | Affordable and hygienic canteen service and consumer goods |
Social security fund | Physical examination for occupational health risk factor | Funeral assistance fund for employee’s family members | Transportation |
Funeral assistance fund for employee |
Medical benefits including dental care |
Special Retirement compensation scheme in case of employee death | Recreation activities such as Sport day, New year party etc. |
Night shift allowance | Nursing room with registered nurse | Religion and traditional events such as Songkarn festival, candle festival etc. | |
Good attendance allowance | Basic medical equipment and supply | ||
Service years allowance | Automated External Defibrillator (AED) | ||
Meal allowance | Fitness equipment | ||
Cost of living allowance | |||
Long service award | |||
Retirement extension scheme | |||
Special Bonus | |||
Early retirement scheme |
Employee Turnover
Employees turnover leaving the Company voluntarily separated by gender for the fiscal year ended September 30th as follows:
Employee turnover leaving the Company voluntarily | 2023 | 2022 | 2021 | |
Female | Person | 159 | 185 | 143 |
Percentage | 76.08% | 74.00% | 68.75% | |
Male | Person | 50 | 65 | 65 |
Percentage | 23.92% | 26.00% | 31.25% | |
Total | Person | 209 | 250 | 208 |
Significant labor dispute
Not found.