The company places great importance on fair compensation management by systematically linking it to performance evaluations. Standards for performance and behavior are set to align with the CPF Code of Conduct, as well as the organization's values and vision, ensuring mutual understanding between the organization and employees. Performance evaluation considers both performance and behavior for employees’ compensation raise and promotion. Clear goals aligned with job responsibilities are established, and performance is evaluated twice a year, mid-year and year-end. Additionally, quarterly group goal setting and performance tracking are implemented in certain departments as appropriate, to enhance collective responsibility among employees. Furthermore, the company conducts comprehensive evaluations at the executive level once a year, alongside leadership development programs. These initiatives provide employees with comprehensive feedback, enabling continuous performance improvement. Supervisors are also encouraged to communicate goals, provide guidance, and offer suggestions to employees throughout the year. This approach aims to achieve annual performance targets, fulfill organizational goals at all levels, and support appropriate career development paths. At the same time, to ensure employees receive fair compensation, CPF is committed to providing all employees with a living wage. This principle is integrated into the overall compensation process, guiding the company's salary and compensation structure. Through comprehensive data analysis and comparison, CPF accurately conveys compensation policies and regulations to employees, emphasizing the achievement of set goals and rewarding high performers. The company employs standard criteria and tools from leading HR consulting firms and reviews the compensation plan annually, thereby maintaining high levels of motivation and employee engagement.
In addition to fair compensation, employees receive various benefits, such as medical care for themselves and their families, annual health check-ups appropriate to their age, access to gym facilities, and the 'MORDEE' application, which allows employees to consult doctors and receive medication at home without needing to visit a hospital. Employees also receive special discounts on products and services from affiliated companies. Moreover, CPF provides transportation services from remote residential areas to reduce employees' travel expenses.