ESG

Compensation and Benefits

Salary, Compensation and Reneration

Since 2020,MetaAge has been increasing its expenditure on salaries and bonuses. The increase each year is fixed at around 15%~16%; the hope is to create a workplace satisfying to and assuring for employees.

For the compensation brackets available for the governance people at MetaAge, the high-ranking manager brackets disclosed in the Annual Report of MetaAge can be referred to. In 2023, MetaAge had a total of 505 fulltime employees in nonsupervisory positions; the total salaries paid out came to NTD 538,851 thousand. We share fruits with our people. Both the mean salary and median salary for full-time employees in non-managerial positions are growing each year.

Retirement System and Implementation Status

To take care of the retirement life of employees and promote sound labor-management relationships, we have adopted the defined contribution plan in accordance with the Labor Pension Act to deposit the contribution into the employee’s special labor pension account at the Bureau of Labor Insurance each month. For employees making voluntary contributions, we will withhold the amount at the voluntary contribution rate from the employee’s monthly salary and deposit it into the employee’s special labor pension account at the Bureau of Labor Insurance.

  1. Employees may apply for voluntary retirement under any one of the following circumstances:

    • Having worked for over 15 years and aged 55.
    • Having worked for over 25 years.
    • Having worked for over 10 years and aged 60.
  2. The Company may force employees to retire under any one of the following circumstances:

    • The employee is aged 65.
    • The employee is unable to perform their duties due to disabilities.
    • The Company may apply to the central competent authority for adjustment of the above age requirements for employees engaged in specific jobs with risks or requiring substantial physical strength. However, the age shall not be below 55 years old.
  3. Payment and Standard of Pension:

    • The pension for the service length to which the Labor Standards Act applies has been paid to all qualified employees after reporting to the Ministry of Labor for approval in May 2010 (Approval Letter Fu-Lao-Zi No. 09935829400). Therefore, no further calculation is required.
    • For employees to whom the Labor Pension Act applies, we contribute 6% of the employee’s salary each month to the employee’s special labor pension account at the Bureau of Labor Insurance.
    • The employee’s right to claim pension shall be extinguished when not exercised within five years from the month following the effective date of retirement.

Quality Benefit

For the hard work of employees, MetaAge offers multiple benefits, staff facilities, and staff activities that are better than regulatory criteria so that they can relax and let out stress while not working. The benefits are supported by the revenue and periodic contributions from employee salaries and include staff activities, corporate workshops, festival gift money, club subsidies, travel subsidies, wedding gift money, and intra-departmental luncheons, among others.

MetaAge has a quality welfare system in place to help boost the welfare for and physical and mental wellness of the employees. Meanwhile, we have designed a personalized check-in and check-out system and number of leave days better than the regulatory requirement; it is our hope that employees strike a balance between work and life.

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