Employee Quality of Life and Well-Being
[GRI 401-2 (2016), 404-2 (2016)]
EGCO Group believes that apart from employee qualifications, quality of life and well-being are crucial factors to achieve the target of work-life balance. This would build the connection between employees and organization and make them keen grow together with the organization.
EGCO Group is willing to enhance employee’s happiness and wellbeing, both physically and mentally during their employment and after retirement through the following welfares.
Happy and Efficient Workplace Benefits
- Flexible working practice through the Work from Anywhere Policy, enabling employees to work from home or other locations while effectively managing their work and personal schedules.
- Flexible working hours by offering options for employees to choose their preferred in-out times.
- Improve the working environment by adopting Microsoft Teams to facilitate their work.
- Remuneration for working overtime and during holidays.
- Special remuneration e.g. remuneration for special skills (welding, crane driving, etc.).
- Budget for training and skill development.
- Activities to strengthen employees’ relationships e.g. company outings, New Year parties, Songkran festival, etc.
- Annual activities on Buddhist Lent day
- Provision of coffee machine and vending machine.
- Stress management in the workplace.
- Encouraging employees to take a break to relieve stress and providing drinks and snacks.
- EGCO Mental Health Center by HR to provide mental care and consultation.
- Provision of stress counseling.
- Arranging a webinar on Happy Workplace.
- Providing communication allowance for employees e.g. monthly mobile phone allowance.
- Provision of part-time working options e.g. hiring specific expert consultants or technical specialists for 16-26 hours a week, special conditions for various work categories to choose part-time options.
Healthcare Benefits for Employees and Their Families
- Health and life insurance (including disability and accident insurance) for employees and their family members.
- Additional budget for employees’ healthcare and annual check-ups (the budget was increased in 2023).
- Arrangements.
- I STRONG Project which provides psychological consultation.
- Provision of breastfeeding facilities within the workplace.
- Provision of gift baskets for sick employees.
- Provision of annual health check-up programs at private hospitals for retired employees at the same rate as existing employees.
Financial Welfares
- EGAT Saving and Credit Cooperative Limited
- Maternity allowance for female employees and legitimate wives or male employees, and gifts for newborns.
- Childcare contributions.
- Provision of loans e.g. home loan, home loan interest, and special loan.
- Telephone/internet allowance.
- Accommodation allowance.
Retirement Benefits
- Provident fund
- Retirement compensation as required by Labor Law.
- Happy retirement savings account (special interest) under EGAT Saving and Credit Cooperative Limited
Travel Supports
- Provision of 2 shuttle bus routes including Mo Chit BTS Station – EGCO Tower, and Nonthaburi Government Center – EGCO Tower
- Company cars
- Vehicle allowances for employees.
Holidays and Leaves
- Annual holidays.
- Annual paid vacations.
- Paid sick leave, not more than 30 days/year.
- Personal leave for activities that cannot be done during weekends or by other people including taking care of parents, child, spouse, or relatives who are sick or visiting doctors or admitted in the hospitals, marriage ceremonies, graduation, the funeral of parents, spouse, or child, or other cases.
- Maternity leave for female employees (98 leave days with 45 paid days), and paternity leave or care of legitimate child leave of male employees (5 paid leave days).
- Ordination or perform of Hajj.
- Practice dharma.
- Military service.
- Sterilization leave.
- Training or skill development leave.