Compensation and Benefits
[GRI 405-2 (2016)]
EGCO Group focuses its attention on fair and appropriate compensation and benefits to ensure the financial stability of its employees both during employment and after retirement.
EGCO Group has set up criteria and guidelines for the consideration of welfare, benefits, and salary from short-term performance and long-term incentive such as bonus based on targets associated with sustainability performance and corporate KPI including long-term growth, as well as individual performance in association with their qualifications and capabilities without discrimination of sex, age, or race. Other benefits are also provided on a similar standard as other leading companies in the same industry.
Gender Pay Indicators
| Gender Pay Indicators Analysis [1] | 2022 Data |
|---|---|
| (GRI Standards: Diversity and Equal Opportunity 2016, 405-2 Ratio of basic salary and remuneration of women to men) | |
| Executive level (base salary only) [2] | |
| Average men salary (THB) | 243,195.00 |
| Average women salary (THB) | 219,250.00 |
| Average ratio between women and men | 0.90 |
| Executive level (base salary + other cash incentives) [2] | |
| Average men salary + other cash incentives (THB) | 1,669,157.00 |
| Average women salary + other cash incentives (THB) | 1,509,838.00 |
| Average ratio between women and men | 0.90 |
| Management level (base salary only) [3] | |
| Average men salary (THB) | 122,047.00 |
| Average women salary (THB) | 121,984.00 |
| Average ratio between women and men | 1.00 |
| Management level (base salary + other cash incentives) [3] | |
| Average men salary + other cash incentives (THB) | 840,537.00 |
| Average women salary + other cash incentives (THB) | 840,112.00 |
| Average ratio between women and men | 1.00 |
| Non-management level (base salary only) [4] | |
| Average men salary (THB) | 48,839.00 |
| Average women salary (THB) | 38,690.00 |
| Average ratio between women and men | 0.79 |
| Non-management level (base salary + other cash incentives) [4] | |
| Average men salary + other cash incentives (THB) | 330,653.00 |
| Average women salary + other cash incentives (THB) | 262,044.00 |
| Average ratio between women and men | 0.79 |
Remarks:
[1] The scope includes EGCO and EGCO Plus Companies.
[2] Executives include President, Senior Executive Vice President and Executive Vice President or Band 6 upward.
[3] Management includes Senior Vice President, Vice President, or Band 4 to 5.
[4] non-Management includes officer, Assistant Vice President, or Band 1 to 3.