Page 29 - Annual report eng 2020

Tycoons Worldwide Group (Thailand) Plc.

Salary& Bonus
Name Position
2020 2019
1. Ms. Lu, Yen-Chuan Chairman of Board 240,000 160,000
2. Mr. Huang, Wen-Sung Director 120,000 200,000
3. Mr. Natthawat Thanapinyanun Director 120,000 120,000
4. Ms. Hwang, Feng-Mei Director 120,000 120,000
5. Mr. Surabhon Kwunchaithunya Independent director and 240,000 240,000
Chairman of the Audit
Committee
6. Mr. Jirawat Huang Independent director and 120,000 120,000
Audit Committee
7. Mr. Phiphat Wangphichit Independent director and 120,000 120,000
Audit Committee
Total 1,080,000 1,080,000

2. Other remunerations
-None-

7.5 Staff

(1) The total number of employees of the company as at Dec 31 2020 and 2019 comprises
767 and 720 persons respectively, the company has paid remuneration to its employees as
at Dec 31 2020 and 2019 was 276 and 282 MB. The remuneration included salary,
overtime, variable bonus, allowance, social security and provident fund.

2020 2019
Management Employee (person) 33 35
Supervisory Employee (person) 135 135
Operational Employee (person) 449 399
Employee Headquarter (person) 150 151
Total (person) 767 720

Employee’s Remuneration (MB) 276 282

During the past 3 years, the Company has no significant increase or decrease in employee’s
number and has not received any significant labor disputes.

The provident fund of the company has been in effect since August 1, 2003. Pursuant to
the provident fund arrangements, the employees contribute 3% of their monthly
compensation to the fund while the company makes a corresponding contribution of 5% of
such employee’s total monthly compensation.

(2) The company realizes the importance of its staff as they are considered valuable assets
which play a major role in the success and growth of the company. Therefore, the company
has a policy to develop the efficiency, knowledge and skill of its staff at all levels by having
well-organized annual programs both at in and out of office. Training programs are
designed to enrich staff knowledge, skills and develop good work attitude, to promote the

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