VTech Holdings Limited Sustainability Report 2015 - page 32

Respect of Labour and
Human Rights
VTech is committed to respecting
the labour and human rights of all
our employees through the following
principles, which are clearly stated in
our human resources management
policies:
Freely Chosen Employment
– We
do not use forced or prison labour. We
ensure that the terms of employment
are voluntary. Our employees work
at VTech of their own free will and
are free to leave the Company upon
reasonable notice under the terms
of their labour contracts. We do not
require employees to lodge deposits or
hand over passports or work permits
as a condition of employment, unless
required by applicable law.
No Child Labour
– We comply with
all appropriate local and international
regulations in relation to the restrictions
on the employment of child labour.
Benefits and Wages
– We ensure
that the compensation and benefits for
our employees comply with or exceed
the minimum legal requirements of
the country where employees are
employed. We do not make deductions
from wages as a disciplinary measure.
Overtime Policy
– Overtime
is voluntary and employees are
compensated for overtime in
accordance with local laws.
Equal Opportunity and No
Discrimination Policy
– We ensure
that our hiring, compensation,
training, promotion, termination and
retirement policies and practices do
not discriminate on the grounds of
age, sex, marital status, race, religion,
disability or any other non-job related
factors. Remuneration is determined
with reference to performance,
qualifications and experience.
Harassment and Abuse
– We do
not tolerate any physical, sexual,
psychological or verbal harassment or
abuse towards our employees.
We have procedures in place to
ensure that our policies are properly
implemented throughout the Company.
These include training, conducting
employee interviews and surveys,
on-site visits and audits on a regular
basis. Any issues or enquiries raised
by our employees through different
communication channels will be
handled and investigated by the
Company with care and in a confidential
manner.
In addition to respecting the labour and
human rights of all our employees, we
also embrace an equal and supportive
working environment for our staff. In
VTech, 99.9% of our staff is employed
by VTech with full-time employment
contracts. We also support local
employment. 98% of our senior
management staff is hired from the
local area of the sites of operation
in the respective countries. We also
conduct annual performance appraisals
for all employees to assess their
performance and communicate the
results with them. The appraisal is used
as a reference for rewarding our staff
accordingly.
To celebrate and show our appreciation
of the contribution of our staff, every
year employees who have completed
five years of service are presented with
long service awards. Awards will also
be made for each subsequent five year
period of service. Over 4,400 members
of staff have been at VTech for more
than five years. In recognising the
performance of the employees, VTech
also presents a “Distinguished Staff
Award” to outstanding staff and teams
every year.
We provide a wide range of
benefits for our staff in line
with their terms of employment
including the following:
1) Annual Leave
2) Sick Leave
3) Medical Scheme
4) Retirement Scheme
5) Staff Purchase Discount
6) Training Subsidies
VTech Holdings Limited
32
VTECH SUSTAINABILITY ACTIVITIES
Distinguished team award
Long service award
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