Quality of HR

HUMAN RESOURCE POLICY

With the view of our company, "People are the most valuable to make wonderful things." Therefore, At the beginning of establishment of the Company, The Board of Director of Nam Thuan Phat Engineering Company has focused on attracting and developing labor resources with high quality and do not stop training, improve to implement planning and development orientation of the Company for each period.

Consolidating and completing the remuneration policy to attract talent ensure benefits for employees, income stability and constantly being improved.
The Personnel Policies of Nam Thuan Phat Engineering Company are performed sync from recruitment, build environment and develop cultural of the company to attract talent, create conditions for all staffs of Nam Thuan Phat Engineering Company have the best working environment, dedication and long-term commitment to the Company.
The personnel policy of the company is to be specific in the forms:

1. Recruitment:
"Heart – Vision - Talent" are the three core values of recruitment policies, recruit, nurture talents, excellent professionals, dedicated to the business of the company.

2. Working Conditions:
- Nam Thuan Phat cares staffs’ working conditions: allocate clean well-ventilated convenient locations; provide sufficiently equipment; supply uniforms for all staffs and personal protective equipment for staffs working on site.
- Professional and dynamic working environments where personal competence can be shown and nurtured. Staffs are always supported and guided by their superiors, coordinated by colleagues and relevant departments for the shared sake of corporate development.

3. Training:
- In order to build up a team of know-how staffs who are professional and work-ethical, every year, Nam Thuan Phat will create a training plan in accordance with Nam Thuan Phat development strategy.
• Integration: New staffs will attend Integration Course to have a general understanding of the establishment and development of Nam Thuan Phat, regulations, procedures and Nam Thuan Phat cultures so that they can immediately integrate with colleagues and works. New supervisor will be trained with technical materials.
• Manager training: Potential staffs will be nominated to Potential Leader Club, attend leading skill classes, managerial courses, planning presentation and other skill training.
• Indoor training: indoor training will be carried out frequently. Experts will be invited to these training classes. Attention is paid to internal training where superiors will train subordinates to perfect and upgrade professions.
• Soft skill training: staffs will also be trained on soft skills such as interaction, presentation, negotiation … to increase their confidence and working success.
• Short-term abroad training: Based on work demand, Nam Thuan Phat will consider the nomination for training at advanced economies.

4. Remuneration:
- Remuneration policy is built on the ground of assigned duties and performance thereof.
- Wage raise will be carried out periodically on the ground of performance and appraisal of direct superior.
- In addition to wages, Nam Thuan Phat will award bonus to motivate working spirit: holiday bonus, new year bonus and bonus on duty achievement.

5. Social Insurance:
- Deposit for social insurance, medical insurance will comply with current legal requirements. Regimes of maternity, work-accident insurance, unemployment allowances will base on legal requirements.
- In addition to required insurances, Nam Thuan Phat will consider the following insurances:
• 24/24 accident insurance

6. Allowances, welfare and treatment:
6.1. Allowances:
- Nam Thuan Phat has sufficient allowances to ensure staffs’ duty fulfillment: allowances for meals, telephone, business trip etc.

6.2. Welfare:
- Vacation: Nam Thuan Phat organized annual vacation domestically and internationally for staffs to refresh labor and unify staffs.
- Annual medical check: Nam Thuan Phat organized annual general medical check for staffs. Fees are paid by Nam Thuan Phat.
- Sporting events: Nam Thuan Phat sporting events are organized every year for staffs to compete and interact within Nam Thuan Phat Group.
- Physical and psychological care to staffs: hold meeting and giving for staffs on traditional holidays; gifts to staffs’ children on Children Day (June 1); gifts to excellent performance of staffs’ children.

7. Promotion opportunities:
The company always encourages and facilitates support for all staffs for them to have promotion opportunities for in the profession. Promotion opportunities depend on the result, the potential and the ability to assume higher responsibility of staff.