Salary and Bonuses

D-Link formulates its salary policy with the concept of market competitiveness and internal fairness. The overall salary positioning is based on the information from market survey by the third party, and in accordance with the overall economy and economic changes, government regulations, etc., and also taking the Company’s overall profit performance, the unit performance and individual performance into consideration for adjustment and change. Our diversified compensation system includes the issuing of  performance incentives and employee dividends; according to the Company’s articles of incorporation, 1% to 15% of the current year’s profit is set aside and 5% is distributed as employee dividends for 2022, so that employees can reap the benefits of business results. In 2022, our average salary increase for the entire company was 4.8%, with some over 30%. In 2023, our average salary increase for the entire company was 4.17%, with some over 18%.

Our compensation policies comply with international labor laws in each country and our human rights policy, and strictly prohibit any discrimination against anyone for reasons such as gender, race, religion, marital status, or political views. Salaries and benefits are adjusted according to performance reviews and includes varied bonus opportunities to ensure we attract and retain outstanding talent.
 
 
To encourage employees to pursue continued growth, D-Link provides twice a year opportunity of promotion and salary adjustment for outstanding employees based on the performance management and development system and promotion system, and define reward and punishment rules to award special contributions and outstanding employees.
Item/Year

2023

2022

2021

Percentage of Employees with Salary Adjustments

93.04%

83.7%

78.8%

Overall Salary Adjustment Rate

4.17%

4.80%

2.70%

Generous Annual Vacation and Leave Allowance(superior to the statutory minimum required by law)

  • New employees have a 3-day advanced annual leave form the date of entering the Company(excluding contract employees). 
  • 5 days of sick leave with full pay per year(including menstruation leave/excluding hourly employees).
  • 3 days of family care leave with full pay per year (excluding hourly employees).
  • Flexible working hours (1.5 hours).
  • Those with a miscarriage after two or more months of pregnancy but less than three months should be prevented from work and given one week of paid maternity leave.
  • No make-up days on Saturdays in 2023 and 2024. 
  • Remote work application

Insurance

  • Group insurance at no charge for employees: Term Life Insurance, Accident Insurance, Hospitalization Medicare, Cancer Insurance, Critical Illness Insurance, Occupational Accident Insurance.
  • Subsidized coverage for family members: Hospitalization Medicare, Cancer Insurance.
  • In response to the COVID-19, provide employees the relevant insurance protections during epidemic prevention period in 2022 . 
  • Travel insurance/Sudden illness medical insurance.

Retirement

The Company’s retirement matters are handled in accordance with the Labor Standards Act, and also the Labor Pension Act launched in 2005 for the implemented new pension system. The Company’s employees may choose between the old or new pension system based on their own will. For the old pension system, the Labor Retirement Reserve Fund Supervisory Committee is established, and a Labor Retirement Reserve Fund Account is set up according to the law, to which a fund is appropriated monthly accordingly. The retirement reserve fund is set aside at 2% of the actual salary at the contribution rate approved by the competent authority on a monthly basis and deposited in a special account in the Bank of Taiwan.
The Company amended its employee retirement regulations in April 2020, which were approved by the Department of Labor, Taipei City Government. The balance of the Bank of Taiwan’s labor retirement reserve fund is NT$80,571 thousand. In 2022, the Company recognized pension expense of NT$622 thousand and recorded a defined benefit asset of NT$10,204 thousand in excess of the defined benefit obligation in the retirement reserve fund account. For employees who meet the retirement requirements under the law, pension payments are based on the length of service and the average salary for the six months prior to retirement, with two bases for each year of service up to and including 15 years and one base for each year of service over 15 years, subject to a maximum accumulation of 45 bases. In accordance with Article 3 of the Regulations for the Allocation and Management of the Workers’ Retirement Reserve Funds, the accumulated amount of the Company’s labor retirement reserve fund is sufficient to cover the future retirement of all employees who chose the old pension system. After consideration and approval by the Labor Retirement Reserve Fund Supervisory Committee, the Company has reported to the Department of Labor, Taipei City Government to suspend the appropriation of the labor retirement reserve fund from January 2023 to December 2023 (Notice of Department of Labor, Taipei City Government No. 1126002643).
The Labor Retirement Reserve Fund Supervisory Committee meets once every three months. In 2022, the Labor Retirement Reserve Fund Supervisory Committee held four meetings (3/25, 6/24, 8/8, 12/6), and may hold temporary meetings if necessary. In 2022, a total of two applications for labor retirement reserve fund under the old pension system were approved, and the pension were paid in accordance with law.
In accordance with the Labor Pension Act, the Company’s defined contribution plan is based on a contribution rate of 6% of employees’ monthly wages to the individual labor pension accounts at the Bureau of Labor Insurance, while overseas subsidiaries make contributions in accordance with the relevant local laws and regulations. The Company and overseas subsidiaries recognized pension expense of NT$118,269 thousand in 2022.
 

Benefits

  • Cash, gift vouchers, and gifts for various holidays and birthday.
  • Outdoor activities for employee relaxation and bonding.
  • In 2023, 14 clubs are funded by the company. To encourage peer learning, we also subsidize other special events. Funding is also provided for special events to promote personal development through individual interests and peer learning.
  • Employee cafeteria and subsidized meals to promote a healthy diet.
  • Preferred employee parking(cars:NT$500/month, motorcycles:free).
  • Massage Service. 
  • Subsidy for external training. 
  • Employee travel subsidy. 
  • Overtime meal allowance. 
  • Marriage, funeral, childbirth, hospitalization, and emergency assistance. 
  • Outstanding talent recommendation bonus (excluding specific supervisors and recruitment-related units). 
  • Coffee bar birthday gift cup. 
  • Employee discounts for group-affiliated enterprises. 
  • Employee purchase (welfare goods) discount.
  • Discounts offered by collaborative stores.
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