Employee Benefits

To enhance employee loyalty and create a happy workplace environment, LAI YIH Group provides employees with diverse and comprehensive benefit programs and complete insurance plans, with slight variations at each operating location based on local regulations and cultural customs.

 

▽ Insurance System

TaiwanVietnamMyanmarIndonesia
  • Legally provide all employees with labor insurance, national health insurance, and labor pension
  • Taiwan headquarters employees are covered by NT$5 million accident insurance
  • Legally all employees enjoy social, unemployment, accident, and medical insurance
  • Legally LAI YIH Group contributes 3% of each employee’s monthly salary to social security plans, covering medical insurance costs and work injury allowances
  • Legally all employees enjoy old age, death, retirement, work injury accident, and medical insurance

 

 

▽ Diverse Benefit Programs

Bonuses and RewardsVarious SubsidiesHealth CareOther Benefits
  • Biannual performance bonuses
  • Year-end bonus
  • Holiday bonuses
  • Year-end party awards
  • Production bonuses
  • Education bonuses (language skills/various education)
  • Perfect attendance bonuses
  • New employee referral fees
  • Improvement suggestion bonuses
  • Performance evaluation bonuses
  • Year-end welfare payment
  • Red Envelope
  • Funeral subsidies
  • Childcare and children’s education subsidies
  • Travel subsidies
  • Employee continuing education subsidies
  • Dining, snacks, afternoon tea subsidies
  • Education and sports subsidies
  • Additional subsidies for impoverished employees (e.g. housing subsidies)
  • Self-paid vaccination subsidies
  • Holiday transportation subsidies for returning home
  • Overtime subsidies (meals and transportation)
  • On-site medical services
  • Provide a lactation room
  • Hospitalization consolation money
  • Emergency relief funds
  • Employee health checkups (general employees once/year, hazardous workers twice/year, subsidiary female workers additional checkups)
  • Gym and fitness facilities
  • Protective equipment (provided to high-risk workers)
  • Occasional sports events
  • Annual recreational activities
  • Mid-Autumn Festival, New Year gifts
  • Birthday money and birthday vouchers
  • Birthday celebration parties
  • Free lunch
  • Job transfers for pregnant workers maintaining original salary
  • Zhongyuan (Ghost Festival) leave
  • Marriage allowance
  • Childbirth congratulatory allowance
  • Retirement consolation money

 

 

Parental Leave System

LAI YIH Group is committed to creating enterprise culture friendly to childcare and reproductive care, following regional regulations to provide employees with parental leave without pay, maternity/paternity leave, and other related rights.

 

TaiwanAccording to “Gender Equality in Employment Act,” employees who have worked for 6 months or more may apply for parental leave without pay before each child reaches 3 years old, until the child reaches 3 years old, but not exceeding 2 years. For those caring for 2 or more children simultaneously, parental leave periods should be calculated together, with maximum limit of 2 years for caring for the youngest child.
VietnamLocal government has no regulations for parental leave without pay, so employees needing to care for children are considered to be on unpaid leave. Article 139 of “Labor Code of Vietnam 2019,” states that female employees enjoy a total of 6 months of maternity leave, with a maximum of 2 months before birth and 4 months after birth, and those having twins receive an additional month per child for the second child onward. According to Article 39 of 2014 “Law on Social Insurance,” maternity allowance standard is 100% of average monthly salary for 6 months before childbirth when paying social insurance. If social insurance contributions are less than 6 months, maternity allowance is the monthly average salary for months with social insurance contributions.
MyanmarLocal government has no regulations for parental leave without pay, so employees needing to care for children are considered unpaid leave; female employees taking maternity leave, company only pays “basic salary” and “living allowance,” maximum 42 days before birth, maximum 56 days after birth, and maximum 84 days for twins after birth. Male employees who have worked for 1 year may take maximum 15 days paternity leave after wife gives birth.
IndonesiaLocal government has no regulations for parental leave without pay, so employees needing to care for children are considered unpaid leave; according to “Indonesian Labor Law” Decree No. 13/2003, female employees enjoy 1.5 months of maternity leave before and after childbirth respectively, totaling 3 months of full-pay maternity leave. Male employees receive 2 days full-pay paternity leave when their wife gives birth/miscarries.

 

 

Retirement System

To secure employees’ post-retirement lives, LAI YIH Group contributes retirement funds and provides retirement benefits according to local labor regulations in each region. Regional retirement systems are detailed below.

 

TaiwanVietnamMyanmarIndonesia
  • According to “Labor Pension Act,” company contributes 6% of salary monthly for labor retirement pension
  • Welfare committee provides retirement consolation money for retiring colleagues with 15+ years of service
  • According to Vietnam “Law on Social Insurance,” company contributes 17.5% of total wages monthly for employee retirement pension
  • Currently Myanmar government has no statutory retirement system for private enterprises
  • Old age and retirement insurance under social insurance, company contributes 3.7% of employee salary monthly for pension, 2% for old age insurance