Compensation and Benefits

Compensation and Benefits

The human resource management of Microbio follows the three main frameworks of “recruitment, cultivation, and retention.” To retain talent, the Company takes industry characteristics, market conditions, and future development as reference for formulating the remuneration system. In accordance with the Company’s operational achievements and performance evaluation results of departments and employees, the Company provides appropriate rewards to employees. In addition, employee stock options and other incentive plans are used to align employees with the Company’s goals to create business performance and long-term value. The Company’s compensation policy is based on the duties of our staff and it does not differ due to the employee’s gender, ethnicity, religion, political orientation, marital status, and participation in unions and associations. The Company is also willing to share its operating results and profits with employees and wages paid are in line with Labor Standards Act. The compensation policy is based on duties and responsibilities while bonuses are paid subject to the annual performance appraisal results. Wages and bonuses do not differ based on the employee’s gender.