Sustainability Report 2017

Sustainability Report 2017 40 Talent Attraction and Employee Retention Performance Evaluation and Remuneration Apart from promoting learning environment for the employees, SET also takes good care of the employee well-being as if they were family members to promote engagement and work motivation. The Welfare Committee has been elected to act as employee representatives in working with the management in taking good care of the employees in various aspects. Welfare and Benefits SET employees are provided with welfare and benefits, above the standards required by the law. SET contributes 10% to the provident fund whereas the employees’ contribution could reach up to 15%. SET Employee Cooperatives offer low-interest loan services for SET employees. Also, SET employees are provided with health insurance and medical expense reimbursement. In addition, the work-life balance of the employees has also been enhanced through sport activities and the SET fitness center, vacation and Dhamma retreat leave as well as maternity leave. In 2017, there were 10 employees who took the maternity leave and all of them resumed their positions. Occupational Health and Safety SET’s occupational health and safety policy complies with the law, the government’s regulations, and international standards. The establishment of Occupational Health, Safety, and Environment at Workplace Committee promotes safety awareness among employees, contractors and visitors at the SET building. The following activities were implemented in 2017: • Safety training courses, including safety staff training, first-aid and CPR training and fire extinguisher training, were held among employees to promote awareness of occupational health, safety and environment at workplace. • Activities for safety promotion included a fire drill and 4 safety walk surveys. Remuneration proportion between male and female employees 1 : 1.11 SET has an effective performance evaluation in line with the corporate strategies and SET DNA. The employees get feedback and performance evaluation results from their supervisors on an annual basis in order to set the individual development plans and career path plans. The evaluation results will be used to consider the employee remuneration and promotion with transparency and fairness. In addition, a remuneration and welfare survey has been conducted to benchmark SET compensation packages against other organizations in the same industry and to be used as reference for remuneration management development. (102-41), (401-2), (401-3) (404-3) (403-1), (403-3), (403-4) (405-2)