Employee Benefits

Employee benefits are our focus, and every USI employee are entitled to the following benefits:

Item Contents
Bonus Year-end bonus and performance bonus
Leave Parental, menstrual, family care, pregnancy checkup, pregnancy checkup accompaniment, and paternity leaves.
Insurance Labor Insurance, National Health Insurance, travel insurance for business trips, employee/dependent group insurance, pension contributions
Food Employee canteens and meal allowances.
Transport Employee parking spaces and travel allowances
Entertainment Employee gym, employee tours, and regular employee gatherings.
Allowance Subsidies for on-the-job training, domestic/overseas further education
Other benefits Wedding/childbirth/funeral subsidies, employee tour subsidy, citation for senior employees, bonuses for three major folk festivals, children education allowance, employee savings plan, periodic health checkups and healthcare plan.

Remuneration

Upholding the belief to share profits with employees, we attract, retain, cultivate, and encourage all kinds of outstanding talents and have established a comprehensive and competitive employee remuneration plan. All new employees are paid better than the statutory minimum wage. Allowances vary according to the position and educational attainment of employees. The year-end bonus is distributed according to the employees’ performance. Most importantly, the base salary is equal regardless of gender. Due to the characteristics of the petrochemical industry, the proportion of wage for female and male employees is slightly different. To stabilize the workforce and retain outstanding talents, apart from adjusting the pay for employees according to the consumer price index and personal performance of the employees every year, we participate in a compensation survey of the petrochemical industry to estimate pay standards in the market to make appropriate adjustments and planning. We also give a special raise to employees with outstanding performance to ensure that our pay is competitive with the market.

Pension Contribution

We have established a set of retirement regulations for all full-time employees and contribute every month the employee pension reserves to the personal pension account at the Labor Insurance Bureau for each employee in accordance with the Labor Standards Act.

Item Proportion of Contribution Employee Participation in the Retirement Plan
Pension under the Labor Standards Act (old system) Employer contribution: 12% of the employee’s monthly wage. 100%
Pension under the Labor Pension Act Employer contribution: 6% of the employee’s monthly wage.
Employee contribution: 0-6% of the employee’s monthly wage.
100%

Labor Union

We have a labor union and protect the right to collective bargaining and freedom of association of the employees. This fully demonstrates our determination to maintain labor rights and benefits. Every year, representatives elected by the employees attend the “labor-management-meeting” held periodically by the management to negotiate and discuss matters relating to labor conditions and employee welfare. In addition, relevant officers from management attend the “board meeting” and the “member representatives’ annual congress” held by the union to listen to the voices and appeals of employees and engage in face-to-face communication with the member representatives in order to arrive at a consensus, promote labor-management cooperation and create a win-win situation for both parties through this process.


Labor union organization as shown below:

USI-ESG-Remuneration and Welfare System

Employee Engagement Survey

To enhance employee care and fulfill the employee’s demands, we conduct the employee engagement surveys (EES) every two years to measure their satisfaction and work faithfulness and gather their opinions regarding USI’s policies, performance management, employee relationships, and salary and benefits for the reference of future improvement.

We keep promoting various policies for employee benefits, employee rewards, employee development, and employee communication.


➤ Performance evaluation

With respect to the “Employee Performance Evaluation Regulations” and “Employee Performance Supervision and Guidance Regulations”, officers and employees establish the annual performance evaluation targets together for the periodic performance evaluation. We also supervise and guide employees failing to meet the company’s performance requirements and maintain persistent observation to maintain organizational competitiveness.

To distinguish employees with excellent performance from those requiring guidance, we implement the “Employee Performance Supervision/Guidance” program for employees graded C and below in the annual performance evaluation. We will also terminate the employment contract with those who fail the program.


➤ Reward for improvement proposals

We constantly combine USIG’s proposal reward scheme and the real-time reward scheme to establish the “Regulations for Rewarding Outstanding Performance and Improvement Proposals”.


➤ Year-end bonus differentiation

We integrate USIG’s year-end bonus distribution to combine the year-end bonus with reward and punishment to reward the merits and punish the demerits.

The year-end bonus is distributed according to the “Employee Performance Evaluation Regulations”. For employees with poor performance, unwilling to take orders from their supervisors, or with other gross negligence, we will cancel or cut their year-end bonus with the president’s approval.