TrueSuccess - True Corporation Public Company Limited

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60 ANNUAL REPORT 2004 TRUE CORPORATION PUBLIC COMPANY LIMITEDRemuneration for the Companyûs EmployeesRemunerationIn 2004, the total remuneration for employees was approximately Baht 2,026.89 million which consists of wages, salaries,bonus, overtime compensation, commission, provident fund and others. (please see details in the note 27 to the financialstatements)Other Compensation & BenefitsHealth Plans and Employee Welfare- In-house clinic- Annual Medical Check-up- New Employeeûs Medical Check-up- Group Health Insurance- Group Accident Insurance- Group life Insurance- In case of death: Baht 30,000. - / Person- Social Security Fund- Each of the Company and employees contributes 5% of monthly salary (If any employeeûs salary is more than Baht15,000 a month, it was calculated only Baht 15,000 as the basic of funding). Said employee will gain special benefitsfrom the Fund to have medical treatment at designated hospitals.Paid Annual Leave- After 1 year of service, employees are eligible for annual leave as below:- Assistant Director Level and upwards are eligible for 15 days per annum and the others are eligible for 10 daysper annum- Employees have to take accountability to complete their annual leave by December otherwise, annual leave cannotbe accumulated to the subsequent year.- Annual leave can be accumulated to the subsequent year only in case of urgent of work. The accumulation shouldbe approved by authorized superior, but the total days should not be more than 30 for level of Assistant Directorand upwards and 20 for the others.Compensation- Monthly Salary- Annual Performance Pay: between 0-4 times of monthly salary, subject to the Companyûs performance andfinancial status.- Retirement: the employee must be at the age of 60 years or early retirement by agreement of companyand employee, severance pay will be paid accord to the labor law.
ANNUAL REPORT 2004 TRUE CORPORATION PUBLIC COMPANY LIMITED61Employee Training and DevelopmentEmployee Training and Development PolicyTo encourage all employees to develop their knowledge, skills and attitude to be able to perform their jobs effectivelyand to be more competent for career advancement, which assists the Company in achieving its corporate strategy andgoals. At present, the Company provides employees with various training and development programs, such as CoreCompetency Program, Functional Competency Program, True Core Business Program, etc.
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TrueSuccessWhen we have each other,
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TrueSuccess - True Corporation Public Company Limited

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