Page 27 -
P. 27
Environmental, Social and Governance Report
SOCIAL ASPECT
Employment and Labour Practices
Employment
The Group had 1,412 employees as at 31st March 2018. We undertake to provide a workplace where our
staff is respected. Our employment and labour practices were made in compliance with the Employment
Ordinance (Chapter 57 of the Laws of Hong Kong), Labour Law of the People’s Republic of Chinaʕശ
ɛ͏ձ௶ਗج, Labour Contract Law of the People’s Republic of Chinaʕശɛ͏ձ௶ਗ
ΥΝجand other applicable laws, as well as industry practices. All employees, upon joining the Group,
are given briefing sessions, which cover terms of employment, remuneration packages, working hours, rest
periods and holidays, termination, confidentiality and other areas.
References to the market condition and industry benchmark are made when determining the reasonable
remuneration packages of our staff. Employees’ job nature and experience, results of work appraisal,
financial results of the Group are also considered. Annual discretionary bonuses are given to employees to
acknowledge their hard work and reward those with outstanding performance. In accordance with relevant
laws, we provide other benefits to employees, such as mandatory provident fund, medical insurance and
social insurance. Factory employees are provided with dormitory and meals.
During the Reporting Period, there was no incident of non-compliance with the relevant laws and regulations
that have a significant impact on the Group relating to compensation and dismissal, recruitment and
promotion, working hours, rest periods, equal opportunity, diversity, anti-discrimination and other benefits and
welfare.
1. Equal Opportunities and Diversity
While we tend to employ local citizens living near Houjie Factory to support local employment, we
embrace diversity and inclusion. Employees of all backgrounds are entitled to fair and adequate
promotion opportunities. Our recruitment and development programs are supervised under our
human resources management system to ensure no discrimination in any forms such as gender,
age, nationality, sexual orientation, family status, race or religion, within the Group as we hire suitable
candidates based on their work experience, knowledge and capabilities.
2. Employee Communication
We value opinions from our staff. We encourage communication with and among employees. We ensure
that opinions from work are heard and handled in a fair and appropriate manner. Employees are also
encouraged to share their views and aspirations for their career and the Group’s development. We
also arrange group activities such as ball games, gatherings, to reinforce teamwork and build sense of
belonging.
ALCO HOLDINGS LIMITED ANNUAL REPORT 2018 25
