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Tycoons Worldwide Group (Thailand) Plc.
7.5 Information about employees
Employee’s Remuneration and Number of employees
The total number of employees of the company as at Dec 31 2024 and 2023 comprises
621 and 755 persons respectively, the company has paid remuneration to its employees as at Dec
31 2024 and 2023 was 314 and 316 MB. The remuneration included salary, overtime, variable
bonus, allowance, social security and provident fund.
2024 2023 2022
Management Employee (person) 15 11 11
Supervisory Employee (person) 64 64 67
Operational Employee (person) 542 680 757
Total (person) 621 755 835
Employee’s Remuneration (MB) 314 316 324
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.
The company relatively allocates 3% to employees who have been employed for less than
5 years, and 5% to employees who have worked for more than 5 years.
Employee Development Policy
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 development of staff functions,
reserve management and professional personnel at all levels. But also encourage colleagues to
learn, to enhance the quality of human resources, development of competition Force of human
resources.
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