Human resources management

Human Resource Management

SUMMIT CAPITAL LEASING Co., LTD. has human resource management principles that align with Thailand’s labor laws and international labor and human rights standards. We recognize the importance of respecting human dignity, where everyone has equality, including diversity such as gender, race, religion, disability, etc., in employment and career growth.

 

Staffing and hiring

The Company promotes and recruits employees with diversity in terms of race, religion, gender, age, and age. So the Company has planned and managed the workforce planning by setting guidelines for recruitment through various channels both inside and outside the organization, as well as through mixed public relations media to obtain diversity, fairness, and equality. In the selection process, the Company adheres to the knowledge, ability, skills, experience, and attributes necessary in the applicant's job as the principle in the consideration guideline, including compensation management. The company considers wages and remuneration of employees by the applicant’s qualifications based on knowledge and responsibility.

 In addition, the recruitment and selection process for various positions is based on the human rights principle.   We have provided equality in selection to ensure diversity in employment, career development, and advancement. The Company encourages the treatment of all employees with equality and fairness. Moreover, we are religious and follow the regulation of not employing child laborers under 18, no forced labor, and labor caused by human trafficking.   People with disabilities are employed and support activities that improve their quality of life. Promote equality for female employees in career growth and receive benefits and remuneration. We also consider disability employment and support the activities that promote quality of life and equality for female employees in their career growth as well as benefits and remuneration practice.

In addition to recruiting personnel in Bangkok and its vicinity, the Company places importance on promoting the employment of local personnel as we want to expand our branches to support business growth to cover all areas. Local personnel are essential in building good relationships with the Company, customers, and surrounding communities. The Company promotes equality and respects individuals in all areas as knowledgeable personnel. Competencies, skills and career advancement

The number of employees at the end of the fiscal year 2021 (March 2022)

Performance appraisal

The Company has established a policy to encourage potential employees to grow in their careers. It has a Performance Management System to drive the organization, which is a system that links business performance metrics, both Company KPIs and individual KPIs, as well as emphasizes work behavior (Behavior Assessment) so that employees have work behavior in line with the Company's goals and help elevate the organization forward.  In addition, the Company encourages mutual communication between supervisors and operators in setting goals. Implementation and review of performance during the year

Employee compensation and benefits management

The Company operates a policy of fair and equitable remuneration of employees. The Company has determined remuneration not less than the minimum wage rate specified by law, as well as considering pay based on the experience and ability of employees without discrimination. Promote such matters appropriately and competitively in the labor market from time to time, including the scheduling of annual wage increases. Performance incentive payments Special remuneration is given to employees with high potential and good performance according to their performance. In addition, the Company is aware of the well-being of its employees and provides a working environment suitable for the nature of work. The company also sets regular working hours and overtime hours as required by law. Overtime must be voluntary for employees, and the Company has set flexible working times for employees to choose entry and exit times within the time frame specified by the Company. The Company has set up a welfare committee in the workplace with representatives of the employee committee and the employer to discuss with the employer in providing various welfare to employees. The Company has implemented a policy that prioritizes employees to have a balanced quality of working life, work efficiently, and create excellent performance for the organization in the long run.

Disciplinary action and dismissal

To promote good behavior and work ethic. The Company has established a Disciplinary Audit Committee and Disciplinary Procedures to set disciplinary standards and conduct fair disciplinary hearings. In addition, the Company has clear legal procedures for termination, including retirement.

Human Resources Development

The Company also promotes the development of talented and competent personnel, i.e., when new employees become employees, they will receive training to provide knowledge in various aspects of the business, including training and practice in safety and environment. Before sending them to learn and start working in the unit to which the employee belongs.

The Company has established a plan and developed employees’ potential to prepare them for career growth. There is a "Summit Academy System" (SAS) platform where employees can access training to build knowledge appropriate to their roles, duties, and responsibilities that facilitate the development of potential for the success of each employee, including planning training and developing frontline employees to be ready to grow into executives in the organization with readiness.

Internal Communication

The Company emphasizes communication within the organization by communicating company policies, rules, laws, protection of various benefits, etc. to employees throughout the organization for acknowledgment from the start of new jobs and through multiple channels such as e-mail—internal announcements, etc. In addition, the Company has developed internal communication in line with the current lifestyle of employees who can communicate throughout even if employees are sitting in provincial areas through an Application Line named "Summit Connex.”

In addition, the Company has established various policies in various languages necessary to bridge the gap and create an understanding of multiple policies for employees. Able to effectively comply with and use various benefits by policies and requirements.