Page 33 - Employee Handbook - China
P. 33

YOUR REWARD PACKAGE




        MMR is committed to providing a fulfilling, rewarding career to all
        employees and to supporting them in maintaining a high degree of
        personal wellness. This section of the handbook outlines all the benefits
        and initiatives available to you during your employment at MMR




                Your annual salary is based on a
               SALARY  working day of the month to a          MMR operates a profit related incentive
                12-month pay period, and is paid
                monthly in arrears on the last

                bank account nominated by you.
                                                              scheme which new starters may be eligible
                                                              to join from SRE level onwards. Subject to
                Details of any change to the
                                                              satisfactory personal performance, and to
                account to be credited must be
                                                              the achievement of the team and global
                notified to the HR team, in
                writing, as soon as possible.
                                                              percentage of your base salary as a bonus
                                                              payment. Should you be eligible to bonus
                Your net salary is the amount you             targets, you may be eligible to earn a
                                                              payment, full details of your bonus
                receive each month after                    BONUS SCHEME  qualification will be stated in your
                payment of Individual Income Tax              contract of employment. Bonuses are paid
                (IIT) and mandatory benefits.                 at the end of the financial year, once

                                                              accounts have been audited, likely to be
                                                              at the end of July. Bonuses will be
          Your electronic payslip is sent                     awarded on a pro-rata basis, according to
          to you on a monthly basis                           your start date.
                                                              The scheme is discretionary and subject to
                                                              shareholder approval. The amount of
                                                              bonus (if any) and the method and timing
                                                              of payment will be determined by MMR
                                                              from time to time at its sole discretion.



         HR SCHEMES




         & INITIATIVES






          MMR offers all employees the opportunity to take part in and/or
          join the following Company schemes and initiatives:


         Holiday Entitlement                          Rest Scheme
         Sabbatical Leave                             Volunteering Day
         Secondment Opportunities                     One-Step-Beyond Reward Scheme
         Early Finish on Friday                       Wellbeing & Social Committee
         Sunshine Day                                 Referral Scheme



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