2026-01-23
Employee Welfare Measures
Employee Welfare Measures
To promote labor-management harmony and meet employee needs regarding safety, health, and work-life balance, Leofoo provides a comprehensive benefits package. Beyond statutory Labor and Health Insurance, our Employee Welfare Committee manages monthly funds to support diverse welfare initiatives.
Core Welfare Programs
- Health & Wellness: Periodic activities to promote physical and mental well-being.
- Celebrations: Monthly birthday vouchers and cash gifts or vouchers for major traditional festivals.
- Medical Care: On-site physician services for professional health consultations.
Summary of Major Benefits
| Category | Benefit Details |
|---|---|
| Food | Free meals at employee cafeterias and dining discounts at group business locations. |
| Clothing | Free uniforms, uniform laundry services, and discounts on personal laundry. |
| Housing | Employee dormitories, rental subsidies for non-local staff, and accommodation discounts at owned or franchised hotels. |
| Transportation | Free parking or preferential rates for leased parking spaces. |
| Education | Comprehensive on-the-job training and professional development. |
| Recreation | Free admission to group theme parks for employees and Family Days; discounts on daily tickets and deals with external partner stores. |
| Insurance | Employer liability insurance and group insurance plans. |
| Consolations & Allowances | Cash gifts for weddings and funerals, hospitalization consolation payments, and emergency relief funds for occupational accidents. |
| Bonuses | Referral bonuses, year-end bonuses, and performance-based incentives. |
| Health Check-ups | Regular employee health examinations. |
| Employee Stock Ownership Trust (ESOT) | Employees contribute a fixed monthly amount from their salary, which is matched by a company incentive bonus (0%–50%) to jointly purchase company stock through a bank trust. |
| Other | Discounts on merchandise at group business outlets. |
Retirement System
We provide a secure retirement framework in accordance with the Labor Standards Act, ensuring financial stability for our long-term team members.
Retirement Eligibility
- 15 years of service and aged 55 or older.
- 25 years of service.
- 10 years of service and aged 60 or older.
Pension Standards & Contributions
- Benefit Calculation: Two units per year for the first 15 years, and one unit per year thereafter (capped at 45 units).
- Occupational Disability: An additional 20% is granted for retirements resulting from work-related mental or physical disability.
- New Pension System: The company contributes 6% of the monthly wage to individual labor pension accounts.
2025 Impact: In 2025, 8 employees successfully transitioned into retirement with full administrative support from our HR team.
