About CMC
Affiliates
Products
ESG
Investment Relation
Careers
CONTACT
English
繁中

Welfare ＆ Retirement Plan

Welfare

INSURANCE

New employees are enrolled in labor insurance on their first day of employment.

New employees are enrolled in national health insurance on their first day of employment.

All employees enjoy free life insurance, medical insurance and accident insurance, among other multiple protections.

ACTIVITIES

We hold various group recreational activities such as photo contests and writing contests.

Year-end dinner is held to reward employees for their hard work.

Christmas dinner party is held to celebrate the warm holiday together.

We offer show tickets from time to time to boost cultural literacy.

Funds are appropriated for departmental social dinner to build up departmental friendship.

FESTIVE GIFTS

Employees are presented with cash, gifts and birthday parties on their birthdays.

Festive cash or gifts are offered for Dragon Boat Festival, Mid-Autumn Festival, Labor Day, etc.

OTHERS

Regular health checkups are organized for employees.

Company earnings are appropriated to employees for profit sharing.

Wedding and funeral subsidy system.

Employees are given injury and sickness compensation for hospitalization.

Retirement System

In order to support the retirement life of employees, the Company has established a defined benefit retirement plan in accordance with the Labor Standards Act, which applies to the years of service of all regular employees prior to the implementation of the Labor Pension Act on July 1, 2005, and to the years of service of employees who choose to continue to be subject to the Labor Standards Act after the implementation of the Labor Pension Act, to protect the rights and interests of employees.

old system

The Company appropriates 2% of total salaries monthly to a pension fund, which is deposited in a dedicated account with the Bank of Taiwan in the name of the Supervisory Committee of Labor Retirement Reserve Before the end of each year, the balance in the foregoing dedicated account of the labor pension fund is estimated. If the balance is not sufficient to pay the amount of pension benefits calculated as aforesaid to eligible employees for retirement in the following year, the Company will make a one-time appropriation of the difference before the end of March of the following year. For the pension cost recognized under the pension plan, please refer to the financial statements of each period.

new system

Effective July 1, 2005, we adopted the government’s new scheme retirement plan in parallel, under which 6% of the employees’ total salaries are contributed to the employees’ individual pension accounts; for those employees who make voluntary contributions, deductions from the employees’ monthly salaries will be transferred to their individual pension accounts of the Bureau of Labor Insurance in accordance with the voluntary contribution rates they choose. For the pension cost recognized under the pension plan, please refer to the financial statements of each period.