HUMAN RIGHTS MANAGEMENT
PANJIT is dedicated to the protection of the employees’ basic human rights, and complies with the labor related laws and regulations where its global operation bases are located in. We are committed to supporting and complying with the Universal Declaration of Human Rights (UDHR), UN Global Compact, International Labor Organization (IOL) Convention, and other internationally
recognized human rights and standards and treat all employees fairly, reasonably, and with dignity and respect.
The company obtained the SA 8000 certification in 2014 and has established the Corporate Social Management Manual in accordance with SA 8000, international conventions and organizations,
Universal Declaration of Human Rights and the requirements of international standards for corporate social responsibility as well as local labor-related acts to set visions and policies in relation to corporate social responsibility with the contents of the following six major axes, including Compliance, Energy Conservation and Waste Reduction, Elimination of Risks, Respect for Human Rights, Discipline and Responsibility, and Continuous Improvement.
Panjit has subsequently imported the Code of Conduct-Responsible Business Alliance (RBA) to ensure a safe working environment where employees are treated with respect and dignity. In order to protect the human rights of our employees, we have formulated human rights related internal codes and management regulations to implement and strengthen the promotion and management of human rights, and we have been awarded the RBA VAP Silver certification in 2023.
Equality and Diversity in the Workplace
COMPENSATION AND BENEFITS
Considering the external competition, internal fairness and legality, PANJIT provides reasonable and market-competitive salaries and link them with the company’s business performance, providing a diverse and competitive salary system (performance bonus, year-end bonus, employee compensation bonus) to attract, retain, develop, and motivate employees with the concept of sharing profits with employees. In addition, it is stipulated in Article 19 of the Articles of Association that when the company makes profits during the year, no less than 6% of pre-tax income of the current year shall be distributable as employees’ compensation. However, the company’s accumulated losses shall have been covered.
PANJIT employs new employees with the salary better than the minimum wages prescribed in the Labor Standards Act, and the compensation criteria of all employees does not differ due to
gender or race. Moreover, we also conduct a survey on the salary levels regularly, prepare budgets to make salary increase on a regular basis, and provide special budget for salary increase for
critical positions, critical talents, and talents with great performance, continuing to provide market-competitive salaries. The average salary of grassroots employees in 2022 complied with the legal
minimum wage of NTD 25,250 of the year. The difference in salaries between male and female employees was mainly due to the different nature of the workstations the employees belong to.
EMPLOYEE BENEFIT SYSTEM
TALENT DEVELOPMENT
PANJIT is highly supportive and committed to talent development. Senior supervisors review the critical talent development on a regularly basis and are dedicated to the promotion of sharing global learning resources. In addition to the comprehensive education and training system, we also provide lectures on general topics set based on the level of positions to allow our employees to learn and grow. We hope that all employees can enjoy work, learn and grow, and work together to build empowerment at work, and further become the inheritors to pass on the professional technologies and spirit of management from generation to generation.
EMPLOYEE HEALTH AND SAFETY