Page 29 - Annual report eng 2019

Tycoons Worldwide Group (Thailand) Plc.

Salary& Bonus
Name Position
2019 2018
1. Ms. Lu, Yen-Chuan * Chairman of Board 160,000 120,000
2. Mr. Huang, Wen-Sung * Director 200,000 240,000
3. Mr. Natthawat Thanapinyanun Director 120,000 120,000
4. Ms. Hwang, Feng-Mei Director 120,000 80,000
5. Mr. Surabhon Kwunchaithunya Independent director and 240,000 240,000
Chairman of the Audit
Committee
6. Mr. Jirawat Huang Independent director and 120,000 120,000
Audit Committee
7. Mr. Phiphat Wangphichit Independent director and 120,000 120,000
Audit Committee
Total 1,080,000 1,080,000
*Chairman of Board changing during the year.
Ms. Lu, Yen-Chuan, a replacement of Mr. Huang, Wen-Sung with effective on
August 21, 2019.

2. Other remunerations
-None-

7.5 Staff

(1) The total number of employees of the company as at Dec 31 2019 and 2018 comprises
720 and 781 persons respectively, the company has paid remuneration to its employees as at
Dec 31 2019 and 2018 was 282 and 285 MB. The remuneration included salary, overtime,
variable bonus, allowance, social security and provident fund.

2019 2018
Management Employee (person) 35 35
Supervisory Employee (person) 135 199

Operational Employee (person) 399 453
Employee Headquarter (person) 151 94
Total (person) 720 781
Employee’s Remuneration (MB) 282 285

During the past 3 years, the Company has no significant increase or decrease in employee’s
number and has not received any significant labor disputes.

The provident fund of the company has been in effect since August 1, 2003. Pursuant to
the provident fund arrangements, the employees contribute 3% of their monthly compensation
to the fund while the company makes a corresponding contribution of 5% of such employee’s
total monthly compensation.

22