Wage System

The annual salary system is in place to reward employees for their capabilities and performances. The system ensures that every employee is treated according to his or her merit and contribution. Also, appropriate incentives for performance are provided through a reasonable performance assessment system.

Annual Salary

Initial salary is determined based on the employee’s position and work experience to secure his and her basic existence. Every year, each individual’s performances and capabilities are evaluated in a reliable manner, and the score determines the annual salary increase and wage payments

Incentive

Incentive is one of the performance-based elements of compensation which is determined by evaluating the performances against the business goals in an objective manner. It aims to focus the employees’ efforts on key objectives.