TIPCO FOODS PUBLIC COMPANY LIMITED PAGE 084/ 085 2. Other Remuneration Other Remuneration of Executive Directors and Members of The Committee - Nil - Other Remuneration of Executives In 2014, the employer’s contribution to the provident fund paid by the Company, at the ratio of 5% of salary, for 8 executive directors and executives totaled Baht 924,820. In addition, 4 executive directors and executives were provided with company cars and 3 executives were provided with vehicle allowances totaling Baht 450,000. Personnel In 2014, the Company hired a total 1470 employees and paid total remuneration of Baht 306 million, which covered, overtime pay, cost of living allowance, special bonus, social security and provident fund contributions, among others. In addition, subsidiary companies paid similar forms of employee remunerations totaling Baht 317million. Recognizing the high priority of employees’ health, the Company organized the annual health check-up program which accounted for Baht 568,177 of budgetary expenditures. During the past year, the Company also paid Baht 2,308,285 to cover medical expenses (under the Company’s health insurance plan) and dispensation of anti-flu shots to employees. Number of Employees for Last 3 Years During 2011-2013, the number of Company’s employees of all regions are as follows: Operating employee Management employee Headquarter employee Total Employees’ remunera-tion (Millions of Baht) 1,263 135 72 1,470 306 182 97 139 419 251 208 11 115 334 39 136 18 3 157 27 2014 Tipco Foods Pcl. Tipco F&B Co., Ltd. Tipco Retail Co., Ltd. Tipco Biotech Co., Ltd. As of 31 December 2011, total employees are 1,957. As of 31 December 2012, total employees are 1,906. As of 31 December 2013, total employees are 2,155.
EN_Tipco_Annual Report 2014
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