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The company’s board of directors sets up the remuneration and appraisal committees that are responsible for defining the salary and assessing the performance of directors and senior managers. According to the management regulations for senior managers’ salary, a yearly salary package is offered to the managerial staffs employed by the board of directors. The system follows the principle that takes responsibilities, risks, benefits and the interests of shareholders into consideration. It varies connected with the performance evaluation index such as the total amount of company profits, net return on assets, safe production, electricity charge recapture rate,percentage of costs in business incomes, and electric energy production. The system is of effective control, open and transparent.
The company thinks highly of talents and regards them as precious assets. The company is willing to offer the outstanding talents favorable salary and continue to increase investment in improving the working conditions and technological level for its employees.
The Company practices the system of salary according to the post performance as primary method, together with many salary incentive systems. It defines the post salary standards according to the post requirements and responsibility scope, and provide the performance salary and other reward with reference the performance of employees, which promptly recognize the value of employees and give just return and adequate respect to employees for the appropriate allocation of individual interests and company interests to seek the harmonious development of employees and the Company; the Company lawfully buys various social insurance for employees and also practices the system of housing subsidies, enterprise annual pension, enterprise supplementary medical insurance, holiday with salary, health recuperation and regular health checkup to enhance the sense of safety and sense of belonging of employees and to strengthen the loyalty of employees; the Company continuously perfects the incentive and control mechanism to trigger the activeness and creativity of employees and facilitate the persistent increase in the performance of employees and the Company.
The company guarantees the interests of its staffs and encourages them to challenge and excel themselves when they improve their individual and teams’ performance. They are expected to commit themselves whole-heartedly to the company’s strategy. The company’s performance evaluation attaches importance to both individuals and teams, valuing the importance of evaluating the staffs’ work performance and guiding their growth. To fuel the staffs’ initiative and creativity, the company launches campaigns to encourage them to compete with each other and put forward sensible suggestions. It organizes irregularly skill contests according to specialties. The company also encourages the employees to conduct scientific research, technological innovation and invention. Still, the company sets aside a General Manager’s Special Award, which is a handsome award for those teams and individuals who make outstanding contributions to production, sales and management.
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