Page 12 - 2018 MSC HR Policy
P. 12

Chapter 6

                                                     Compensation

                                                  2. Incentive Bonus

             Policy

             The Company has stipulated the policy for the payment of Incentive Bonus with the objective to incentivize

             and reward the employee who have co-operated in driving the company’s business under their responsibility
             to achieve agreed goal.

             Eligibility

             An employee who is eligible for the Incentive Bonus will have to meet the below qualifications:

               1  Being a permanent employee, who has passed work probation period.

               2  Still under the employment of the company and is still working with the company at the time of payment.

               3  In the event that employee is being transfer to other company in the same group using the same payment

                 of incentive bonus policy, the working time of such employee is counted continuously and the payment
                 of incentive bonus for the first month will be made under the regulation of the former company if such
                 company agree to pay such incentive bonus to their employees.

               4  The Company reserves its right to consider the  Incentive bonus entitlement of some employees  who
                 already have the agreement with the company to receive other form of incentive.

               5  Employee who received written warning from the company in any month will not be eligible to receive
                 incentive bonus for such month and the original department will have to inform the name of that employee

                 to Corporate HR Division or Brand HR

               The year-on-year policy will be issued at the beginning of the year.
































             HUMAN RESOURCES POLICY                                                                     Page 12 of 49
             VERSION: HR001-2018, JANUARY 1, 2018
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