Compensation Built-up Principle
Fairness:
compensation system balances industries, areas and company department positions and combines these into consideration.
Fairness:
compensation system balances industries, areas and company department positions and combines these into consideration.
Motivation:
Motivation: salary and payment system is connected with performance appraisal to ensure strong motivation effect.
Salary Decision Principle
Adopt "salary decided by positions, positions changed with salary changed" principle
Adopt "combination of employees' responsibility, capability and performance to decide salary" principle.
Salary Level Adjustment
Salary level will be adjusted with inflation and company profit so that employee's actual income will be gradually increased subject to company gains profit.
Competitive Treatment and Benefits
Professional, perfect benefits policy is MIYES`s guarantee to employee and it is also effective measures to encourage employees for long-term service.
benefits items cover:
Housing fund and social insurance regulated by the State.(endowment insurance, unemployment insurance, medical insurance.)
MIYES offers supplementary endowment insurance and supplementary medical insurance to the eligible employees.
Double Salary: MIYES enforces double salary at the end of each year.(the 13th month salary)
Performance Bonus: MIYES offers annual bonus according to company business running status and employee performance appraisal records.
Health Examination: In order to strengthen diseases and occupational illness prevention and protect employees' health, MIYES provides health check for the employee every two other years.
Annual Leave: Employees pass probation period can have paid annual leave every year.
Other Vocations: As regulated by the "Labor Law", MIYES employees are entitled to marriage leave, bereavement leave, maternity leave and paternity leave.
