Vtech 2009 Annual Report Download - page 19

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VTech Holdings Ltd Annual Report 2009 17
Employment and Remuneration Policy
VTech’s policy is to treat all employees on the basis of
merit, qualifications and competence. The Group creates a
supportive work environment in which all employees can
enjoy equal opportunities at work and avoid discrimination
on the grounds of age, sex, marital status, disability or any
other non-job related factor.
There is an incentive bonus scheme and share option
scheme for employees, with salaries, bonuses and
benefits determined with reference to the performance,
qualifications and experience of individual employees.
Communications
In addition to maintaining a high standard of care towards
employees, we encourage dialogue as an important
contributor to harmony in the work place.
Management makes every effort to maintain open
channels of communication with everyone in the Group.
A regular internal newsletter updates employees on
important developments, and employees are encouraged
to give feedback via email and through suggestion boxes.
Personal Development
To ensure that employees have the necessary skills to
carry out their tasks, and to provide a stimulus for self-
advancement, we offer a variety of training courses
throughout an employee’s life with the Group. Staff
members may also apply for external training
sponsorships.
Employee Relations
To maintain good relations, each year VTech organises
popular social events for its employees, helping to foster
a team spirit, promote a balanced life and enhance
motivation.
During the financial year 2009, we again entered a team
in the annual dragon boat races in Hong Kong and put in
a strong showing at the Standard Chartered Hong Kong
Marathon. Various activities such as one-day tours, a
dinner buffet and sports competition were held
throughout the year.
Staff and their families enjoyed the beautiful scenery at the trip to Tung Ping Chau, an island of Hong Kong.