Thailand Benefit Plans & Programs
INTRODUCTION
The following table provides you an overall picture of the Benefits Framework under different entities in Thailand. More detailed site specific benefits defined at local will be presented by your Site HR Partner or recruiter.
THAILAND - COUNTRY BENEFIT PLANS & PROGRAMS - APPLICABLE TO ALL SITES
Benefit Category | Benefit type | Benefit description | Eligibility |
|---|---|---|---|
| Retirement | Pension / Savings plan | Provident Fund (supplemental DC plan) - Retirement Age = 60 - Employees’ contribution rate : 3% - 15%. - Contribution Rate by Employers: From 5% to 10%, depending on the service years of employees | All permanent employees |
| Traditional benefits | Death | Term Life Insurance: Death by disease - 2*ABS (26 MBS) for Bangkok & Banpoo staff - 2*ABS (26 MBS) + 24 upcountry allowances for Rayong staff | All permanent employees |
| Traditional benefits | Disability | Term Life Insurance: TPD by disease - 2*ABS (26 MBS) for Bangkok & Banpoo staff - 2*ABS (26 MBS) + 24 upcountry allowances for Rayong staff | All permanent employees |
| Traditional benefits | Personal Accident | Death & TPD by accident 1) 24 MBS (Min THB 600,000 & Max THB 3,000,000) + 26 MBS for Bangkok & Banpoo staff 2) 24 MBS (Min THB 600,000 & Max THB 3,000,000) + 26 MBS + 24 upcountry allowances for Rayong staff 3) In case of died or TPD due to public accident, 48 MBS Min THB 1,200,000 & Max THB 6,000,000) + life benefit Partial disability by accident - percentage of capital sum (the payment will double if accident in publicity) | All permanent employees |
| Traditional benefits | Medical (including dental/optical/ hospitalization/critical illnesses/ etc) | 1. OPD: Employee 20,000; Family 20,000 /member (under S23) 2. IPD: Employee - Room: 3,500 /n; Hospital Service: 35,000 / case; Surgery: 50,000 / case; ER: 5,000 / case Family - Room: 2,000 /n; Hospital Service: 25,000 / case; Surgery: 25,000 / case; ER: 2,500 / case 3. Dental: Employee 5,000 / year; Family 5,000 / member / year 4. Flexible benefits: 10,000 / year Over claim of OPD & Dental (including family) Ex. Optical , Parent Medical 5. Major Medical: 80% with max 200,000 THB/case 6. Critical illness:Syensqo cares : 48 kinds of diseases | All permanent employees |
| Mobility / commuter benefits | Personal car allowance | Commercial team : Car allowance S15 : 10,000 THB/month S16-S18 : 18,000 THB/month | Commercial Team S15 up |
| Mobility / commuter benefits | Company car (may include fuel) | S19-S20 : Toyota or Honda 2000 cc or equivalent S21 : Toyota or Honda 2400 cc or equivalent S22-S23 : Mercedez, BMW and Toyota Alphard 2500 cc or equivalent S24 and above : Mercedez, BMW and Toyota Alphard 3,000 cc or equivalent | Employee S19 up |
| Mobility / commuter benefits | Personal car allowance | Gasoline and Parking allowance 5,000 Thb/ Month | Employee S17-18 only |
| Perquisites | Jubilee / Service Award | Long service award: | All permanent employees |
| Perquisites | Other benefits / perquisites | Cultural Assistance | Eligible person according to local regulation |
| Mobility / commuter benefits | Other mobility/commuter benefits | Cultural event : - New year drink - Outing/team building | All permanent employees |
THAILAND - SITE SPECIFIC BENEFIT PLANS & PROGRAMS
| Site | Benefit Category | Benefit type | Benefit description | Eligibility |
|---|---|---|---|---|
| Hemaraj | Perquisites | Other benefits / perquisites | Up country allowance : - Employees are working at Rayong province - 15% of Monthly salary (max 10,000 THB) | All permanent employees |
| Hemaraj | Perquisites | Housing allowance | Housing allowance : - Employees are working at Rayong province - 5,000 THB - employee / 6,500 THB - manager | All permanent employees |
| Hemaraj, Bangpoo | Perquisites | Other benefits / perquisites | Shift allowance : | Shift workers |
| Hemaraj, Bangpoo | Mobility / commuter benefits | Other benefits / perquisites | Company transportation to Plants | All permanent employees |
Date last updated:
