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Employee Rights and Benefits

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Jul 04,2024

Employment Management

 

LUYUAN Group adheres to a people-oriented approach, considering employees as a crucial foundation for the group's business development. In our employment practices, we strictly follow the principles of legality and meritocracy, complying with relevant national and local laws such as the Labor Law of the People's Republic of China, the Labor Contract Law, and the Law on the Protection of Women's Rights and Interests. Additionally, we have established an Employee Handbook and Attendance Management Regulations to standardize recruitment, employment management, and ensure compliance and fairness in all aspects, including hiring, job placement, attendance, promotion, compensation, training, and termination. We firmly oppose any form of employment discrimination and ensure that employees' rights are fully protected, regardless of gender, disability, marital status, sexual orientation, age, political and philosophical beliefs, religious faith, union activities, race, social and cultural background, or nationality

 

Employee Benefits

 

To enhance employee job satisfaction and loyalty, LUYUAN Group has developed a comprehensive and human-centered benefits system. In accordance with national and local requirements, we provide standard statutory benefits such as social insurance, housing fund, statutory leave, high-temperature allowances, and labor protection. Additionally, we have established Benefits Management Regulations that include birthday greetings, team-building activities, health check-ups, holiday bonuses, housing loans, collective dormitories, and extra meal allowances in the cafeteria. These benefits aim to offer employees more support, alleviating their concerns and increasing satisfaction.

 

Regarding compensation, we have implemented Compensation Management Regulations to transparently and systematically determine salary levels, ensuring fair and reasonable pay for our employees. We conduct annual performance evaluations, categorizing employees into A, B, C, and D ratings. The evaluation results serve as a fair and objective basis for awarding performance bonuses. Furthermore, we regularly review compensation packages to ensure they remain competitive in the market and reflect employees' experience and performance. In terms of work time management, our group strictly complies with national laws, with clear provisions in the Employee Handbook regarding overtime, timekeeping, attendance, statutory holidays, annual leave, and special leave.

 

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