Page 64 - Mono Technology Public Company Limited : Annual Report 2013
P. 64
Remuneration for Executives
Total remuneration, including salary and bonus for 10 executives as of December 31, 2013 amounted
to 20.46 million Baht.
2) Other Remuneration
Other Remuneration for Directors
None
Other Remuneration for Executives
On January 20, 2006, the Company established the provident fund under the management of TISCO
Asset Management Co., Ltd. (TISCOASSET) in order to boost morale and promote long-term employee
engagement. According to the provident fund policy, employees’ contribution must be at least 3 percent
of salary or they can select to adjust their contribution at the rate of not exceeding the contribution by
the Company. In addition, the Company’s contribution to the provident fund will be based on period
of working of each employee. As of December 31, 2013, the Company’s contribution to the provident
fund for 10 executives amounted to 1.06 million Baht.
58
