The Board sets up the policy for compensating senior management. EGCO Group’s management receives a monthly salary and yearly bonus which are based on EGCO Group’s key performance indicators
As well as based upon individual performance as indicated by financial returns metrics (e.g. return on assets, return on equity, ROIC, cost of debt) and other non-financial metrics as approved by the Board (e.g. current profit value of operations, new operations approved by the Investment Committee, increase generating capability, renewable energy electricity generation, innovative operations, annual corporate governance assessment score of Thai listed companies). Furthermore, EGCO Group also conducts a company performance survey based on financial returns metrics and makes comparisons to the president’s compensation. This is to ensure that EGCO Group has a compensation structure that is suitable and is competitive.