High Salary and Benefits

The importance that FocalTech attaches to talents is fully reflected in the workplace environment and various welfare systems provided. FocalTech upholds a people-oriented management philosophy, which is demonstrated through the foundation of integrity management in the workplace. In addition to high salary and benefits and the diversified and meaningful welfare programs planned, the Company also fully discusses and communicates with its employees through multiple channels to understand their needs and opinions in actual, with the aim to retain talents and realize sustainable development of the Company. With the intention to attract and retain outstanding talents, the FocalTech team rewards employees for their continuous performance. Furthermore, the Company measures the salary level and structure of other enterprises in the industry through the industry salary survey every year, and closely monitors the local economic development and price index for appropriate adjustments. Additionally, the percentage of fixed salary in its annual salary structure is strategically adjusted to attract and retain relevant talents by making it more competitive. The Company’s compensation and benefits are measured in accordance with local laws and regulations by maintaining a fair and objective attitude, without regard to gender, age, religion, race, marriage, or political orientation. All FocalTech employees are hired appropriately with the principle of“ right person in the right place” and are treated equally.

 

Policy Direction

FocalTech Electronics regards its employees as company assets and provides them with a stable working environment and high-quality compensation and benefits, allowing them to enjoy working and enjoying the benefits at FocalTech.

 

Core Goals

FocalTech is committed to providing employees with high-quality working conditions, competitive salary and benefits, and various welfare measures to attract and retain talent.

 

Action Plan

  • Compensation policy.
  • Group insurance/labor health checkup.
  • Welfare Committee subsidies and activities.

 

Management

 

 

 

Invest Resources

  •  Welfare Committee, all colleagues.

Feedback Mechanism

  • Colleague demand survey and industry salary survey.

Evaluation Mechanism

  • Satisfaction survey.

 

Employee professional growth and diversified development

FocalTech's values the professional growth and diverse development of its employees. Salaries are assessed based on individual expertise, academic experience, years of service, and performance, regardless of gender, physical or psychological differences. The company encourages those with technical expertise to deepen their professional fields and cultivates those with management potential into management positions, providing diverse career development opportunities. As employees gain seniority and industry experience, the company shares in operational achievements, supporting their stable economic development and strengthening organizational cohesion and a sense of belonging.

 

Regarding the salary system, FocalTech Electronics sets starting salaries based on job categories and relevant years of experience, with the same standard for both men and women. Subsequent salary adjustments are based on job content and individual performance, with no gender discrepancies. For entry-level employees, regardless of gender, the standard salary for non-supervisory employees is higher than the local statutory minimum wage.

 

 

Non-supervisory full-time employee wages

The FocalTech team rewards colleagues for continuous performance. Every year, the company conducts industry salary surveys to measure the salary level and structure of the same industry, and pays close attention to local economic development and price index to make appropriate adjustments. It strategically increases the proportion of fixed salary in its annual salary structure to make its salary structure more competitive to attract and retain relevant talents.

 

 

2024 Non-Supervisory Full-Time Employee Salaries
(Market Observation Post System  https://mops.twse.com.tw/mops/web/t100sb15 )

  • Average:NTD 2,239,000
  • Median:NTD 1,954,000

 

 

Employee Welfare

The total amount of various welfare subsidies in Taiwan in 2024, including weddings and funerals/community expenses/dinners/festival activities, etc., is NTD 60,564,527.

 

Welfare Categories

 Welfare Item (Taiwan) Description

Statutory Welfare

     

Labor health insurance

Employees are insured according to the law on the day they report for work.

Labor retirement allowance

The new labor retirement system will allocate 6% to all employees on the day they report for work.

Special leave

According to the Labor Standards Act, those who have worked for a certain period of time are entitled to a specific number of days of annual leave, which can be used in advance.

Parental leave, maternity leave

Grant relevant leave in accordance with local regulations.

Maternity leave, paternity leave and paternity leave

Grant relevant leave in accordance with local regulations.

Regular health check-up

 We hold annual health checks for all employees.
Company welfare (including employee welfare committee)              Employee Stock Ownership Colleagues who have been employed for three months or more can enjoy a fixed percentage of their salary to purchase stocks, and the company will simultaneously allocate the same amount to the employee's account to purchase stocks.
 Flexible leave In addition to leave granted in accordance with laws and regulations, the company also provides additional leave.
Year-end bonus  Depending on the operating conditions, employees will be provided with two months' year-end bonus.
Festive Gift Certificates  After three months of employment, you can enjoy gift certificates for Spring Festival, Labor Day, Dragon Boat Festival and Mid-Autumn Festival.
 Wedding and funeral subsidies Includes birth gifts, wedding gifts, funeral subsidies, hospitalization assistance, and birthday gift certificates.
 Employee travel Domestic and international employee tours are organized every year. 
 Societies Many club activities and gym.
 Festival activities Organize festival activities according to the annual plan (e.g. Mid-Autumn Festival barbecue, Engineers' Day, Family Day, etc.).
company-sponsored meal allowance  Provided twice a year to enhance emotional exchanges among colleagues in the department.
 Group insurance  Group insurance includes term life insurance/accidental injury insurance/major disease insurance.
 Health room/breastfeeding room  Provide employee care needs.
 Employee restaurant  Provide a comfortable dining environment.
 Gym/yoga room  Multiple fitness equipment and yoga studio.
 

Friendly environment of the park

 Shuttle bus / convenience store / clubhouse / park activity center / fitness center / swimming pool  The new office park provides a number of convenient services for companies in the area.

 

Retirement system and implementation

The "Employee Retirement Management Regulations" are established in accordance with the Labor Standards Act, clearly stipulating retirement conditions, payment standards, and application procedures. An Employee Retirement Reserve Supervisory Committee is also established in accordance with the law. Monthly pensions are allocated and deposited in a special account at the Bank of Taiwan in the name of the Employee Retirement Reserve Supervisory Committee. If, before the end of the year, the estimated balance in the special account is insufficient to pay workers who are expected to meet retirement requirements within the following year, the difference will be paid in one lump sum before the end of March of the following year.Since the implementation of the Labor Pension Act in 2005, employees have been able to choose to apply for pensions under the Labor Standards Act (the old system) or to apply for the pension system under the Act (the new system) while retaining their years of service prior to the Act's adoption (retaining years of service under the old system). For employees covered by the new retirement system, the Company will contribute 6% of their salary monthly to their individual labor insurance accounts. Subsidiaries will handle this according to local laws and regulations.

 

Employee statistics (by position, age, and gender)

 

 

 

 

 

 

 

  

Taiwan

 

  

China

 

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