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Human resource management
SET recognizes that employees are SET’s most valuable
resource so it seriously focuses on the importance of recruiting,
retaining and developing its human resources, covering safety,
benefits, and welfare for all employees, based on righteousness,
transparency and fairness. In addition, SET supports and
synergizes the positive atmosphere of the workplace, entailing
happiness, unity and sustainable loyalty to the organization.
Number of
full-time staff
714 employees consisting of 223 males and 491 females
Turnover rate
7%
Welfare benefits
Provident fund scheme, medical welfare, scholarships, financial welfare and emergency loans
The savings co-operative unit promotes savings and financial support among members. In 2015,
it supported 218 members with 723 loan contracts totaling THB 84,213,600
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.
Safety and healthcare
A top priority is maintaining a hygienic and safe working environment for employees. In 2015, 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; and conducting annual fire drills.
In the previous year, there were no management or employees records on injuries in the workplace.
SET realizes that employees are valuable assets and key success of the organization. Apart from
supporting efficiency at work, SET emphasizes an importance of Work-life balance by providing
Ergonomics workplace as well as sport facilities such as fitness room, basketball court, table tennis
room, etc. From the past operation, the amount of employees’ sick leaves decreased to 2.5 days per
year. Meanwhile, SET also provides welfare benefits and annual physical checkups including physi-
cian and nurse available in the first-aid room.
Highlights of human resource management in 2015
Remunerationandcareeradvancementopportunities
Having a remuneration system competitive to leading
corporations, corresponding with the economic situation
and SET’s long-term achievements. The evaluation system
is 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
duration. 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 2015,
four scholarships were granted.