Remuneration and Incentives
We adhere to the development concept of “Win-Win and Common Prosperity”, emphasizing that employee benefits should be combined with enterprise development to form a harmonious labor relationship. The Group has formulated the Remuneration Management Policy (《薪酬管理制度》), Welfare Management Policy (《福利管理制度》) and Performance Management Policy (《績效管理制度》) and continuously improved the remuneration system based on performance assessment in order to create a fair and just working environment. Diversified performance assessment methods such as annual debriefing evaluation, performance assessment, objective management assessment and personnel evaluation are implemented for different positions according to position characteristics and implement corresponding remuneration and incentive policies based on the assessment results.
The Group has also formulated systems such as the Administrative Measures on Economic Value Added (EVA) Sharing Prize (《EVA分享奖管理办法》), the Restricted Share Award Scheme (《限制性股份奖励计划》) and the Selection and Incentive Measures on Outstanding Talents (《优秀人才评选与激励办法》) to enrich the ways in encouraging, attracting, and retaining talents, so as to promote a more stable, healthy, and sustainable development of the talent team.
Basic Salaries
Year-end Bonus
EVA Sharing Prize
Prize for Outstanding Talents
Share Award
Employee Welfare
The Group has established a welfare system consisting of statutory welfare and complementary welfare to safeguard employees' benefits and welfare.
Statutory Welfare:
Social Insurance
Housing Provident Fund
Holidays
Complementary Welfare:
Emergency Relief Fund
Supplementary Insurance
Catering and Accommodation
Interest-free Home Loan
Health Check
Sympathy
Employee Activities Funds
Other Benefits and Allowances
