RATCH Annual Report 2013 - page 85

Ratchaburi Electricity Generating Holding PCL.
85
2. Improvement of benefits:
The Company
has regularly improved its employee’s benefits from
time to time. The Employees’ Welfare Committee,
which comprises representatives from employees
and management, regularly meet to discuss and
develop the Company’s benefit system, ensuring
that employees are fully supported and have career
security. In the past year, the Company improved
some benefits for its employees as follows:
(1) Increase face amount for life and accident
insurance
(2) Improve medical care coverage by
increasing payment limit for room/meals and
treatment allowance for inpatient
(3) Increase financial assistance in case of death
of an employee and their family members
The Company also ensured that its employees
are members of the EGAT Provident Fund which
was established by EGAT for employees of EGAT,
its subsidiaries and affiliates.
2.Core Values Adjustment
To better support its vision and mission which
have also be adjusted according to the strategic
plan, the Core Values has been reviewed and
adjusted as follows:
R
eliability
A
ccountability
T
rust
C
hallenge
H
appiness
ThecorevalueswillunitetheCompany’semployees
together through the same belief and commitment
while shaping employees’ behavior in the same
direction. Thiswill lead to the creationof strong culture
that will drive the Company’s sustainable success.
3. Human Resource Development
The Company has a strong belief that
continuous and systematic employees’ capability
development will lead to improved corporate
competitiveness. In addition to training and
development according to the annual training
plan, which has been conducted every year, the
Company has planned for development for high
level executives. Experts were hired to conduct
Leadership Assessment to support individual
training. The plan was implemented first in the
executive vice president level, and will be further
expanded to other levels.
In addition to improving employees’ knowledge,
skills and expertise, which are significant to support
operational efficiency, the Company also organized
workshops designed for behavioral change to
support the new Core Values and organizational
structure. Knowledge on CSR has been cascaded
to employees for better understanding and to
raise awareness among employees of their role
in supporting sustainable growth of the Company.
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