Compensation concept
H&S Global promotes the compensation concept of "salary based on post, effect-based remuneration, positive incentives, and consistent remuneration", and is committed to building a fair, scientific, and sustainable rewards and distribution system.
The Company professionally evaluates the value of positions based on local market levels, and a certain degree of strategic salary premium is granted. The overall salary structure consists of the following five components:
- Basic Salary: To ensure the basic necessities of life and to reflect the importance the Company places on a stable income for its employees;
- Positional wages: set according to the duties, intensity and skills required for the position, reflecting the difference in the value of the position itself;
- Grade Salary: Corresponding to the grade level of the employee, reflecting his/her comprehensive strength, qualification and long-term contribution;
- Performance Bonus: variable payment based on the results of employee performance appraisal to strengthen the contribution orientation and promote the achievement of targets;
- Welfare system: covering statutory benefits, subsidies, holiday arrangements, etc., providing comprehensive welfare protection for employees.
In order to enhance the motivation of employees, the Company has embedded a long-term incentive programme in the performance appraisal system to motivate medium- and high-potential talents to continuously challenge the high targets. At the same time, for new entrants, start-up departments or successors in key positions, the Company has set up a short-term betting mechanism to stimulate organisational strength and team power through the challenge of milestones.
We adhere to the principle of "contribution-oriented, effect-oriented, and consistent pay" in income distribution to ensure that every employee's strength and achievements are fully reflected in the remuneration system.