Regulations for the Establishment and Supervision of Communications Foundations Article 16

The government- endowed communications foundation shall determine the payment items, objects, amount (or upper limit) and other conditions in its management regulations for the bonuses and other payment to its full-time chairperson and other employees, and submit them to the Commission for approval after the board of directors has approved them, and the same applies to any changes thereof.The bonus prescribed in the preceding paragraph is limited to the year-end work bonus or performance appraisal bonus of up to 2.5 months’ salary per person per year. However, if the annual work results have reached the annual work goals and been approved by the Commission, the government-endowed communications foundation may provide an additional performance appraisal bonus of up to 1.9 months of salary per person per year. The Commission may also adjust the upper limit of the performance appraisal bonus according to the performance.For the bonus in Paragraph 1, the government- endowed communications foundation may set a differentiated bonus payment standard, based on individuals’ performance appraisal results, and report it to the Commission for reference after the board of directors has approved it.The government- endowed communications foundation shall estimate the provision of the total amount of bonuses issued in the year-end final accounts, and the remaining amount of the current year surplus after the provision of performance appraisal bonus shall not be less than the budget surplus.The other compensation payment precribed in Paragraph 1 shall be limited to the scope equivalent to the payment items and basis provided to the Commission’s employees.