Bonuses and Compensations
We evaluate the company's annual performance, goal performance status, and annual surplus status to determine this part.
”Technology, Health, and Hope” are the core values of Grape King Bio. We have strived to fulfill our mission of “Be the health expert to help consumers have healthier lives”.
Grape King Bio invested 1.6 billion to build the Grape King Biotech Research Institute, and recruited industry experts including biotechnology PhD, nutritionists and food technologist, etc. to continuously develop unique raw materials and patented technologies.
To be the best partner for customers, we master the latest market trends, established a one-stop service, have multiple formulations and OEM/ODM project options, and provide professional consultation.
Grape King Bio’s TAF certified laboratory has also obtained other international certification of inspection technical skills. We strictly control the quality of products and services, and contribute to the food safety management for our consumers.
Disclose the Company’s operational information, and to maintain the investors’ rights and interests.
Open communication channels, listen to your needs, and focus on material issues. Your suggestions are the driving force for the continuous growth of Grape King Bio.
Grape King Bio believes in a people-oriented corporate culture and has established a blueprint for sustainable strategy under the framework of “Technology, Health, and Hope”.
Grape King Bio places great importance on the career development of all employees. To promote talent flow within the organization, the company provides a diversified set of development channels, such as expatriate, execution of critical missions, education and training, and other diverse opportunities where employees are encouraged to develop their potential and cultivate a broader vision and network. We have made assessments fairer and more transparent by introducing a target and performance management system. The KPI system is implemented to link individual performances of employees with the departments, sections, and the headquarters.
We divide talents into two categories: management talents and professional talents. Different talents can learn in both tracks to fully apply what they have learned. We plan a dual-track career advancement path and encourage the diversified development of talents. Management talents will have their competency reviewed with their professional competencies and management functions, and plans for a comprehensive and suitable development will be made for the competencies that need to be strengthened. The strengthened items are then integrated into daily projects after training courses to enhance the effectiveness of the course
Based on the company's mission (the company’s spirit), vision (the company’s milestone goals), and core values (the unified behavioral values), Grape King Bio develops strategic plans and development goals, producing HRM reports through quantitative analysis to identify training needs and draft training goals and plans using gap analysis. Instead of considering them as extra expenses, we view education and training as the most cost-effective investment and anticipate maximizing the potential of our employees.
We continue to hold training sessions and regularly track the effectiveness data. With indices such as the Kirkpatrick Model and the Human Capital ROI, we review the learning effectiveness of the training sessions to continuously refine their contents and deepen the connection between organizational goals and training demands.
Grape King Bio places great importance on the career development of all employees. To promote talent flow within the organization, the company provides a diversified set of development channels, such as expat positions, execution of critical missions, education and training, and other diverse opportunities, where employees are encouraged to develop their potential and cultivate a broader vision and network.
We have made assessments fairer and more transparent by introducing a target and performance management system. The KPI system is implemented to link individual performances of employees with the departments, sections, and the headquarters.
Managers and the employees will discuss and set annual individual KPIs for employees at the beginning of each year which will then be tracked and adjusted according to the actual performance in the middle of the year, and the final performance evaluation will be conducted at the end of the year. The evaluation results are linked to bonuses, compensation, reassignments, promotions, and salary adjustments, and are also connected to education and training planning.
The company provides training courses for managers, engages external consultants to evaluate and optimize the current KPI formulation methodology and logic, and assists supervisors in making system adjustments and optimizing performance target setting, ensuring employee behavior is more in line with the performance evaluation results.
Grape King Bio aspires to give every employee the best work experience. To achieve both effective talent retention and incentive compensation, we have designed a competitive salary system that is superior to the industry standard. Grape King Bio sets the salary level of employees based on each individual’s educational background, professional knowledge and skills, professional experience, and personal performance, regardless of their gender, race, religion, political affiliation, marital status, or union affiliation.
We expect to improve the overall performance of the company through the design of the system, connecting future potentials with salary adjustments to motivate employees to strive for improvements in their values.
We evaluate the company's annual performance, goal performance status, and annual surplus status to determine this part.
We consider factors such as individual employees’ current salary, performance, future potential, annual salary adjustment budget, internal and external salary balance, current industry levels, etc.
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