Page 110 - SD RATCH EN

110
Sustainability Report 2020
RATCH Group PCL.
Respect to Human Rights
RATCH realizes that it is necessary for the business sector to take serious actions in reinforcing respect to human rights. The Company’s guidelines on this aspect are as follows:
1. Compliance with labor laws, labor standards and human rights principles
• RATCH integrates human rights principles into Code of Conduct (Link: https://www. ratch.co.th/en/cg/the-code-of-conduct) and Corporate Sustainability Policy (Link: https:// www.ratch.co.th/en/cg/corporate-policy/corporate-sustainability-policy).
• RATCH adopts fair treatment of labor in line with Thailand’s labor standards and strictly complies with labor laws.
• RATCH regularly strengthens knowledge on labor laws, labor standards, and human rights principles among relevant units and employees.
• RATCH, as required by law, cooperates with government agencies in reporting its compliance with labor law, labor standards and human rights principles when requested.
2. Labor rights and welfare
• RATCH’s welfare, extended to employees and their families, cover health insurance for workers and spouses and up to 2 legal under-aged children; baby delivery expenses; and assistance program in case of employee’s death or the death of family members.
• RATCH applies a voluntary overtime system and systematic overtime rate calculation and disbursement.
• RATCH has all employees registered under the social security system for related benefits, obligating the Company and employees to contribute to the Social Security Fund aside from the government’s contribution. RATCH also sets up a provident fund and provides employees health insurance as well as medical examination.