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Highlights of human resource management in 2014
Remuneration and career advancement opportunities
• Having a remuneration system competitive to
leading corporations, corresponding with the
economic situation and SET’s long-term achievements.
The evaluation system was based on the exchange’s
achievements, key performance indicators and
actual individual performance (Performance Based
Pay).
• Providing long-term benefits for the employees who
have continuously worked in the organization for
long periods of time. There are certain criteria for
promotions, mainly the employee’s job performance
and employment length. Traditionally, an annual
ceremony is held to honor employees with token of
appreciation at every five years of service, starting
from year 10. This event is held on April 30 every
year, the same day as SET’s anniversary, as a way to
raise the spirit and morale of dedicated employees.
• Providing scholarships to employees to study for a
master’s degree both in Thailand and abroad. This
can both motivate employees at their full potential
and retain qualified staff as important resources
for SET in the future. In 2014, five scholarships
were granted.
Number of
full-time staff
Turnover rate
Welfare benefits
Safety and
healthcare
728 employees, comprised of 222 males and 506 females.
7%
• Provident fund scheme, medical welfare, scholarships, financial welfare and
emergency loans.
• The savings co-operative unit promotes savings and financial support among
members. In 2014 it supported 281 members with 671 loan contracts totaling
THB 79,518,500.
• SET Employees Club consisting of appointed and elected staff to be the center
point for promoting employee-relations activities creating a teamwork spirit,
synergy and happiness among executives and staff in the working environment,
as well as extending to the society.
• A top priority is maintaining a hygienic and safe working environment for
employees. In 2014, there were various operations conducted to ensure a safe
and clean workplace such as:
- Spraying antibacterial and antivirus disinfectants on all floors of the office buildings
four times during the year.
- Spraying insecticides to control mosquitos, termites and ants monthly during
the year
- Conducting annual fire drills. In the past year, 641management and staff, representing
81% of all employees, participated in the fire drills.
• Promoting healthy and happy workplace by arranging annual physical
check-ups, sports facilities, as well as providing life and health insurance,
as well as sports facilities.