NatSteel Holdings has an externally competitive
pay structure that is reviewed every three years. Our compensation
package consists of these components:
| • |
Basic salary |
| • |
Allowances |
| • |
Incentives |
| • |
Bonuses |
| • |
Increments |
| • |
Work-life balance solutions |
| • |
Medical benefits |
| • |
Insurance plans |
Employees are rewarded for good individual performance and the
overall success of the company. This encourages everyone to
optimise their full potential and take an interest in the company’s
overall wellbeing.
The basic salary is a fixed component determined by individual
competency, development and performance, market conditions and job
scope.
The additional component comprises the annual wage supplement (AWS),
variable bonus and other compensation such as shift allowance and
overtime pay.
More than a third of the staff has worked here for more than 10 years — a testament to the strong loyalty
employees feel towards the organisation, which has taken care of them
through thick and thin.
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