Compensation Policy

Edison Opto’s compensation policy stipulates that employee remuneration includes performance-based bonuses, which are determined by the company’s annual operating results. To ensure that employees share in the company’s achievements, according to Edison Opto’s Articles of Association, after the annual financial statements are finalized, between 5% and 15% of the current year’s net income shall be allocated as employee compensation. This distribution, either in stock or cash as resolved by the Board of Directors, also extends to employees of subsidiaries who meet certain criteria.

In accordance with the Labor Standards Act, Edison Opto has established work rules, attendance management, and related personnel regulations. A fair compensation management policy and performance evaluation system are implemented, with evaluation interviews conducted to use performance results as the basis for promotions and compensation decisions.

To provide retirement security for employees, Edison Opto has established a pension system in accordance with the Labor Standards Act and the Labor Pension Act. A Labor Pension Fund Supervisory Committee is also in place to oversee pension fund management, ensuring stable contributions and payments for employees’ retirement.

1. For employees covered under the Labor Standards Act, pension benefits are calculated as follows: two months’ salary for each year of service up to 15 years; one month’s salary for each additional year beyond 15 years, capped at 45 months in total. Service periods less than six months are counted as half a year; six months or more are counted as a full year.
2.In accordance with the Labor Pension Act, employees who choose to continue applying the retirement provisions under the Labor Standards Act or to retain the years of service accrued prior to the implementation of the Labor Pension Act shall have their pension benefits disbursed in accordance with the preceding provision.
3. Employees subject to mandatory retirement under Article 35, Paragraph 1, Item 2 of the Labor Standards Act who suffer mental or physical disability due to work duties shall receive an additional 20% pension payment.
4. For employees covered under the Labor Pension Act, Edison Opto contributes 6% of the employee’s monthly salary to the employee’s individual pension account, with withdrawals governed by the competent authority’s regulations.

To promote labor-management harmony, strengthen employee engagement, and enhance overall well-being, Edison Opto has established an Employee Welfare Committee. This committee is responsible for designing and implementing welfare programs, as well as planning and managing the annual employee welfare fund. Benefits provided to employees include:

1. Holiday and festival bonuses: Birthday gifts, Labor Day bonuses, gifts for the Dragon Boat Festival and Mid-Autumn Festival, year-end bonuses, and annual company banquet with raffle prizes.
2. Long-service awards: Recognition of long-term contributions, including commemorative gifts for employees reaching 5 or 10 years of service.
3. Comprehensive welfare subsidies: Including marriage, bereavement, and maternity allowances; hospitalization subsidies; scholarships for continuing education; educational support for employees’ children; dormitory subsidies; and parking subsidies.
4. Work-life balance activities: To promote family harmony and relieve workplace stress, Edison Opto organizes regular employee and family activities such as domestic and overseas group tours, forest barbecues, mountain hiking and clean-up events, karaoke contests, table tennis tournaments, and video game competitions. These activities foster camaraderie and strengthen employees’ sense of belonging to the company.