Human Resource Management

Importance of Human Resource Management

Personnel are considered the key to driving the organization. The company focuses on managing human resources to have expertise in each field to be suitable for their position, including pushing employees to grow according to their intended career paths. The criteria for selecting applicants involve assessing their moral and ethical qualities, attitude, and ability to collaborate. We commit to promoting equality of opportunity, adhering to human rights principles that include gender equality and non-discrimination. Furthermore, we actively work on creating and expanding equal opportunities for employees. This includes fostering an organizational culture that values listening, respect, and equal participation. There is also support for women in leadership roles, with company directors playing a crucial role in organizational management.

1. Recruitment and Staffing

Employees are the main force in driving the business. Hence, the selection of personnel to join the organization is an important step that has a significant impact on the organization. Our recruitment process is as follows:

1.1 Recruitment Planning

The company surveys the required workforce within the organization, understanding the structure and operational strategies of each department. This includes evaluating qualifications, expertise, job responsibilities, and necessary experience. Additionally, the company tracks plans for new branch openings or future business expansions to assess and strategize recruitment efforts effectively. Moreover, it designs selection processes tailored to meet the organization's needs and ensure efficient and sustainable business operations.

1.2 Criteria Establishment

The company establishes employee qualification criteria, specifying the necessary skills for each position in detail. This includes defining required knowledge levels, abilities, and suitable personal characteristics such as leadership, responsibility, and teamwork skills. Furthermore, it sets standards for measuring and evaluating applicants' performance to assess their readiness and suitability for the job. These standards help streamline the selection process and maximize efficiency.

1.3 Recruitment communication

The company systematically announces job openings through reliable channels such as our website, job boards, and online social media platforms. This increases opportunities for applicants to access job information, with clear details provided to ensure a thorough understanding of job requirements, responsibilities, salary levels, and comprehensive benefits. This approach enhances professionalism and instills confidence in applicants, while also communicating information about the company's business, values, and organizational culture to attract candidates who are genuinely interested in joining.

1.4 Creative Selection Process

The company focuses on fair application screening to select personnel with qualifications and potential suitable for each position. It implements systematic and efficient selection processes, thoroughly considering applicants' readiness and suitability. Expert interviews in specific fields assess specialized skills, creativity, and teamwork. Moreover, comprehensive evaluations consider applicants' attitudes and ethics, which are crucial for working within the organization. Knowledge, abilities, expertise, and desired qualifications are carefully assessed, as they significantly impact job performance and the organization's long-term success.

1.5 Being a Part of the Organization

Employees must align with the organization's vision, understanding our goals, strategies, and culture. They should also participate in the organization's development to help and improve our operations. Furthermore, self-development and knowledge advancement are crucial. In an era of rapid change, accumulating new knowledge and skills and being proactive in self-development will help the organization become stronger and grow continuously.

2. Employee Welfare and Benefits

To motivate employees to work effectively, the company provides various benefits and privileges, such as free accommodation, medical insurance, and 98 days of parental leave per year. This is to reward their hard work, reduce the burden of living costs, and allow them to work without worry. The company also promotes health care by providing a standard fitness center for employees, a medical room with medical equipment and medicines, and annual health checkups. To maintain good relationships between employees, the company organizes internal bonding activities, social events, and regular leisure travel to reduce stress that may occur from working for long hours. The company also encourages employees to save money through a provident fund and provides legal compensation to employees who have worked for at least 20 years and 1 day. This is to ensure that employees have a reserve of money to spend in the future or to cover the cost of emergency loans.

In addition, employees in the organization can participate in proposing benefits and privileges that they want through the Welfare Committee and various channels of the company, such as the Z-Thai website, departmental meetings, or recommendations through the employee satisfaction assessment channel. In 2023, the Welfare Committee held a total of 1 meeting to allow all employees to express their opinions and suggestions. The important agenda items of the meeting included considering the daily compensation of employees in accordance with the law and considering proposing a fire escape training course for employees.

3. Training and Development

The company is committed to the development of its employees to prepare them for change, increase work efficiency, and advance their careers. Providing employee training is essential for organizations to do so. In 2023, the company provided an average of 11 hours of training per employee and 8 courses per year. In addition, more than 80% of employees passed the post-training test in almost all courses, which exceeded the company's target. The company's training topics are as follows:

Topic Hrs / Person Number of participants Number of qualified participants Benefits

Excellent services

3 13,933

12,524

1,399

12,811
(92%)
Understanding and service skills. A good attitude towards the service.
New employees 6.5 3,220

2,968

252

3,220
(100%)
Understanding the culture and goals of the organization. Turnover Rate decreased by 18.8%

Work potential development

6 5,014

4,622

392

3,538
(70%)
Leadership skills and teamwork.
Sustainability 6 13,933

12,534

1,399

12,811
(92%)
Understanding the operations and business within the organization in a sustainable way
Occupational safety and health 2 219

140

79

219
(100%)
Understanding of safety, raise awareness among employees.
Risk management 3 18

12

6

18
(100%)
Aware of risks, able to identify a level and effect of risks.
Business ethics 0.6 14,043

12,633

1,410

13,948
(99%)
Gain knowledge and understanding of business ethics. Corruption cases are zero.
Human rights 0.3 14,043

12,633

1,410

13,889
(99%)
Recognizing the importance, no discrimination. Human rights violations are zero.

4. Employment Rate Management

The company set a target of hiring 16% of new employees compared to the number of employees within the organization at the end of 2022 to support the expansion of branches and to provide opportunities for talented people from all over the country to be part of the organization's growth. The company also set a target of 20% employee turnover. In 2023, the company hired 3,437 new employees, representing 26.4% of the total number of employees. The company also had 1,569 employees leave the company, representing 12.1% of the total number of employees. Among those who resigned, 1,402 did so voluntarily, accounting for 89.4%.

5. Fair Performance Appraisal

To ensure that the performance appraisal is effective and comprehensive, the company has defined two sets of key performance indicators (KPIs): the MTC Model for executive appraisal and the 360-degree appraisal for internal employees. The KPIs are designed to assess employees' skills, knowledge, ethics, and attitudes. All employees have passed the appraisal in the following categories:

In terms of key performance indicators (KPIs), the company assesses them regularly at least once a year. The results of the assessment will be used as a criterion for considering salary adjustments for employees in the company.

6. MTC Employee Satisfaction

The company conducts an annual employee satisfaction survey. In 2023, the company surveyed 14,228 employees, and 8,997 employees responded, representing 63.23% of all employees. In 2023, the average employee satisfaction level was 84.68%, with satisfaction increasing in all aspects. The highest satisfaction was found in positive feedback towards colleagues and supervisors, with a satisfaction level of 88.98%. Following this was satisfaction in continuing to work with the company, with a level of 87.01%. The company set a satisfaction target of no less than 80%, which exceeded the set goal. However, in terms of work-life quality, the evaluation results were slightly below the standard. We will communicate these survey results to employees, acknowledge them, and develop operational processes to further improve employee satisfaction. This includes implementing projects to promote work-life quality for employees, conducting Growth Mindset training to enhance employees' understanding of their work, and organizing activities to relieve work-related stress, such as sports competitions and social gatherings, as opportunities arise.

Employee Engagement

Employee engagement is more important than employee satisfaction. A positive feeling towards the organization, love, trust, and acceptance of the organization's goals and values are key factors that bind employees to be willing to work effectively to achieve the organization's goals and to want to maintain their membership in the organization forever. In 2023, the level of employee engagement was 87%, which is higher than the previous year, and the employee turnover rate decreased from 16.98% in 2022 to 12.06%. This is due to the company's promotion of employee engagement activities, including organizing intra-district sports competitions, annual trips, employee training, collaborative work training, and various social gatherings on a regular basis.

7. Employee Retention Measures (Labor Relations)

Since organizations have a diverse workforce, it is not surprising if conflicts arise between them, both in personal and work matters. To prevent or control such incidents and minimize their frequency, we prioritize building interpersonal relationships among employees. This is a crucial tool that fosters peaceful coexistence, generates motivation, and establishes teamwork as the foundation for efficient work. Our main measures are: to work in teams to create communication, cooperation, mutual assistance, intimacy, and unity within the team.