EMPLOYEE HANDBOOK PREMIER FINANCIAL BANK Premier Financial Bank, Menara Premier Financial, 30 Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia “RELIABLE AND TRUSTWORTHY” www.premierfinancialbank.com
INTRODUCTION 1.COMMENCEMENT ________________________________________________________________________2 2.CONTRACT OF EMPLOYMENT ____________________________________________________________ 2 3.TRANSFER AND RELOCATION ____________________________________________________________ 2 4.APPOINTMENT ___________________________________________________________________________ 3 5.EXECUTIVE _______________________________________________________________________________ 3 6.NON-EXECUTIVE _________________________________________________________________________ 4 7.PAYMENT OF SALARY ____________________________________________________________________ 4 8.NEW EMPLOYEE PROBATIONARY PERIOD _______________________________________________ 4 9.ATTENDANCE REGISTER _________________________________________________________________ 5 10.NOTICE OF TERMINATION ________________________________________________________________ 5 11.WORKING DAYS / WORKING HOURS _____________________________________________________ 6 12.OVERTIME _______________________________________________________________________________ 7 13.CONDUCT IN THE OFFICE ________________________________________________________________ 8 14.DISIPLINARY PROCEDURES ______________________________________________________________ 9 15.ANNUAL INCREMENT ____________________________________________________________________ 10 16.BONUS __________________________________________________________________________________ 11 17.ANNUAL LEAVE __________________________________________________________________________ 11 18.OTHER LEAVE ____________________________________________________________________________ 11 19.MEDICAL BENEFITS ______________________________________________________________________ 12 20.MATERNITY BENEFITS ____________________________________________________________________ 12 21.GROUP PERSONAL ACCIDENT INSURANCE _______________________________________________ 13 22.GROUP TERM LIFE AND CRITICAL ILLNESS COVERAGE ___________________________________ 13 23.RETIREMENT BENEFITS __________________________________________________________________ 14 24.RETIREMENT AGE ________________________________________________________________________ 14 25.PETROL ALLOWANCE ____________________________________________________________________ 14 26.OUTSTATION ALLOWANCE _______________________________________________________________ 15 27.HARDSHIP ALLOWANCE ______________________________________________________________ 15-16 28.RELOCATION ALLOWANCE ______________________________________________________________ 16 29.CAR ALLOWANCE _______________________________________________________________________ 16 30.OUT FIT ALLOWANCE ____________________________________________________________________ 16 31.SERVICE AWARD _________________________________________________________________________ 17 32.EDUCATION ASSISTANCE ______________________________________________________________ 18-19 33.FUNERAL ASSISTANCE __________________________________________________________________ 20 34.EMPLOYEE AWARDS _____________________________________________________________________20 35.TRAINING AND DEVELOPMENT _______________________________________________________ 20-22 36.GENERAL CLAUSE ____________________________________________________________________ 22-23 CONTACT INFO _____________________________________________________________________________ 24 Table of Content www.premierfinancialbank.com “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK
Company Over View Introduction Welcome to Premier Financial Bank! We are thrilled to have you as part of our team. This handbook is designed to provide you with essential information about our policies, procedures, and benefits. Please read it carefully and keep it for future reference. Our Mission To empower our customers with innovative financial solutions and exceptional service, fostering economic growth and stability in our communities. The Goals Our goal is to provide exceptional financial services, foster customer trust, and drive sustainable growth through innovative solutions and a commitment to excellence “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 01
Premier Financial Bank 01 Commencement 1.1 This version of Employee Handbook will be effective from 1st January 2024 and will replace the previous version. 1.2 This handbook only applies to Premier Financial Bank. 02 Contract of Employement 2.1 The contract of employment consists of: i. Original letter of appointment ii. Provisions of this Employee Handbook Reasonable steps must be taken to ensure all employees are informed in advance of any changes 03 Transfer and Relocation 3.1 The Employer shall have the absolute right to transfer, relocate or second an employee permanently or temporary to another unit, department, section or division within the company or to any other branch within the Group. 3.2 Refusal to accept the transfer and relocation request may result in termination of contract of employment without notice, under the reason of breaching contract. “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 02
04 Appointment 4.1 The appointment of an employee will be valid after successful completion of official selection process by authorised Managers and if the employee has provided a true account of the particulars required in their application 4.2 If there is any false or misleading information or particulars, the Company reserves the right to dismiss the employee without notice. 4.3 Employee shall submit the following document to Human Resource Department for commencement of employment: Signed copy of appointment letter; A copy of Identity Card (Front and Back); Completed Personal Details Form; Copies of educational certificates, testimonials, and references; KWSP, PERKESO and LHDN membership numbers; Bank account number; and Other documents that Company may consider relevant 05 Executive The term Executive refers to employees who are responsible in running an organization. These employees create plans to help their organization grow. In the banking industry, an executive refers to and employee who is employed by a business at a senior level. The salary on Executive employee are as agreed with the Group. “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 03
Payment of Salary 07 A monthly salary payment will be made to the employee's bank account. For the purpose of processing salary payments, each employee must open an account at Public Bank and provide the HR department with their bank account information or statement. Every worker will receive a payslip detailing their monthly compensation, overtime and all required deductions. New Employment Probationary Period 08 8.1 For the first three months, all new employees will be on probation. Following that, the individual will be verified and kept as an employee of this corporation based on their performance. 8.2 The probationary term will be counted as part of the first year of the contract. 8.3 Employee who completes the probationary term successfully will be informed and announced as permanent employees by the employer to all employees in the organization, and the employer will prepare a confirmation letter for the employee in employment with the organization. “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 04 As the bank's defenders of strategy and ethics, non-executive directors use their knowledge of finance to offer impartial supervision, test the effectiveness of management, and protect the interests of shareholders ( England & Wales, 2023). In the end, they support the bank's long-term stability by fostering a strong board culture and making sure it follows best practices. 06 Non-Executive
Employees are obliged to scan their attendance using an access card system every day as long as they are working within the organization's working hours, working days, or overtime. Employees must be self-disciplined in order to follow the rules and adhere to set working hours in order to prevent being absent or being late at work. If workers arrive late or are missing, they must promptly notify the section administration to avoid trouble and to keep the organization's operations runs smoothly. “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 05 09 Attendance Register 10 Notice of Termination 10.1 If the Employer plans to dismiss the employee, the Employer must provide the employee three (3) months' notice of the Employer's decision to terminate the employee, or three (3) months' payment in lieu of notice. 10.2 Circumstances of dismissal due to misbehavior, the notice of termination is not relevant
“RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 06 11 Working Days / Working Hours Day Working Hours Lunch Break Total Work Hours Monday 9:00 AM - 6:00 PM 1:00 PM - 2:00 PM 8 hours Tuesday 9:00 AM - 6:00 PM 1:00 PM - 2:00 PM 8 hours Wednesday 9:00 AM - 6:00 PM 1:00 PM - 2:00 PM 8 hours Thursday 9:00 AM - 6:00 PM 1:00 PM - 2:00 PM 8 hours Friday 9:00 AM - 6:00 PM 1:00 PM - 2:00 PM 8 hours Saturday Rest Day - - Sunday Rest Day - -
“RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 06 11.1 Working Days Standard Work Week: Monday to Friday Weekend: Saturday and Sunday are designated as rest days. Some departments, such as customer service, may have different schedules based on operational requirements. 11.2 Working Hours Regular Working Hours: 9:00 AM to 6:00 PM Lunch Break: 1:00 PM to 2:00 PM (1 hour) Total Work Hours Per Day: 8 hours (excluding lunch break) 11.3 Shift Work Certain departments, such as customer service and IT support, may operate on a shift basis to provide services outside of regular working hours. Shift schedules will be communicated in advance. 11.4 Public Holidays: The bank observes all national and state public holidays. A list of observed public holidays will be provided at the beginning of each calendar year.
“RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 07 12 Day Regular Hours Overtime Rate Monday - Friday Beyond 9:00 AM - 6:00 PM 1.5 times hourly rate Saturday (Rest Day) Any hours worked 2 times hourly rate Sunday (Rest Day) Any hours worked 2 times hourly rate Public Holidays Any hours worked 3 times hourly rate Overtime 12.1 Recording Overtime: At Premier Financial Bank, we recognize that there may be occasions when employees are required to work beyond their regular working hours to meet the needs of the business. Overtime work should be minimized and only requested when absolutely necessary. This policy outlines the conditions, procedures, and compensation for overtime work in compliance with the Employment Act 1955 of Malaysia.
“RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 08 13.2 Dress Code: Employees are required to adhere to the company’s business casual dress code. On Fridays, employees may dress in smart casual attire unless there is a client meeting or other formal event. 13.3 Use of Company Property: Company property, including computers, phones, and office supplies, should be used for work-related purposes only. Any damage or malfunction of company property must be reported immediately to the IT department or Facilities Management. 13.4 Confidentiality: Employees must maintain confidentiality of all company and client information. Unauthorized disclosure of confidential information is a serious offense and may lead to disciplinary action, including termination. 13 Conduct in the Office 13.1 Professional Behavior: Employees are expected to maintain a professional demeanor at all times. Respectful communication and collaboration with colleagues, supervisors, and clients are mandatory.
“RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 09 14.2 Steps in Disciplinary Action: Verbal Warning: A verbal warning will be issued for minor infractions or the first occurrence of a violation. Written Warning: A written warning will follow if the behavior is not corrected or for more serious infractions. Suspension: Repeated violations or severe misconduct may result in suspension without pay. Termination: Continued infractions or egregious behavior will result in termination of employment. 14.3 Appeal Process: Employees have the right to appeal disciplinary actions. Appeals must be submitted in writing to the HR department within five working days of the disciplinary action. The appeal will be reviewed by a panel consisting of the HR manager, the employee’s supervisor, and a neutral third party. 14.1 General Guidelines: Disciplinary actions are intended to correct and improve employee behavior and performance. Actions may include verbal warnings, written warnings, suspension, or termination, depending on the severity of the offense. 14 Disciplinary Procedures
“RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 10 15 Annual Increment 15.1 Eligibility: All regular full-time and part-time employees are eligible for annual increments, subject to performance reviews. 15.2 Performance Review: Employees will undergo an annual performance review to assess their achievements, strengths, and areas for improvement. Performance reviews will be conducted by the immediate supervisor with input from team members and peers. 15.3 Increment Determination: Increments are based on individual performance, company profitability, and market conditions. The increment percentage will be determined by the management and communicated to employees during the performance review meeting. 15.4 Effective Date: Annual increments will be effective from January 1st of each year. Employees who join after July 1st will be eligible for prorated increments based on their date of joining.
16 Bonus 16.1 The company may provide annual bonuses to Employee A, B and C based on company performance and individual performance. 16.2 The bonus amount and criteria will be determined by the company and communicated to the workers. 16.3 The amount of the fixed bonus is calculated using the latest salary. 16.4 A bonus will not be paid to an employee who is serving a notice period of resignation. 17 Annual Leave 17.1 Employee A, B and C are entitled to annual leave based on the Employment Act 1955, which provides a minimum of 8 days of paid leave after 12 month of continues service. 17.2 Employees with less than one (1) year of employment are eligible for pro-rated annual leave. 17.3 Annual leave can be carried forward for up to five (5) days of the current year’s leave entitlement to the following year, but it must be used June of the following year. 17.4 The company may provide additional annual leave days based on the length of service or company policy. “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 11 18 Other Leave 18.1 Employee A, B and C may be eligible for other types of leave, such as compassionate leave, mariage leave, or maternity/paternity leave, as per the Employment Act 1955 or company policy. 18.2 Employee A, B and C may be granted up to three (3) days of special leave per calender year on compassionate grounds as specified in the Office Employer’s Handbook,
“RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 12 Occasion Benefits (per delivery) Normal Delivery Up to RM6000 Caesarean Delivery Up to RM12,000 19 Medical Benefits 19.1 Employee A, B and C may obtain medical consultation from the Company’s panel doctors whereby the Company will reimburse the cost of consultation against receipts produced up to a maximum of RM360.00 per calender year. 19.2 Medical benefits do not include the cost of treatment for surgery, dental, optical, maternity, hereditary disease, illness or self-inflicted illness and injuries. 20 Maternity Benefits 20.1 Maternity benefits are offered to all female employees and the legal partner of male employees. For expenses only incurred during delivery, employees are eligible for compensation or, in the case of panel hospital, a letter of guarantee (based on he actual delivery cost shown on the receipt) 20.2 The benefits entitlement are as follows: 20.3 Despite the aforementioned, spouse of male employees who are receiving maternity benefits from their respective employees are not eligible for additional benefits. Abortion, infertility treatment, and any other type of birth control technique are not covered by maternity benefits.
Group Term Life and Critical Illness Coverage 22 “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 13 21 Group Personal Accident Insurance 21.1 Accidental Death Coverage: Provides a lump-sum payment to beneficiaries in the event of an employee's death due to an accident. 21.2 Medical Expense Reimbursement: Covers medical costs incurred by employees due to injuries from accidents, including hospital stays and surgeries. 21.3 Disability Benefits: Offers financial support for employees who suffer temporary or permanent disabilities resulting from an accident, ensuring continued income during recovery. 22.1 Group Term Life Insurance: "Company term life insurance provides employees with a death benefit of up to two (2) times their annual salary at no additional cost." 22.2 Critical Illness Coverage: "Critical illness coverage offers a lump-sum benefit of RM15,000 upon diagnosis of serious conditions such as cancer, heart attack, or stroke." 22.3 Supplemental Life Insurance: "Employees can opt for additional group term life insurance, increasing their coverage to up to five (5) times their annual salary, with premiums deducted from payroll."
“RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 14 Benefits Description Eligibility Saving Plan Employees can contribute a portion of their salary to a tax-advantaged retirement savings plan. All full-time employees after 3 months of service Pension Plan A company-funded plan that provides a fixed monthly income upon retirement based on years of service and salary. Full-time employees with 5+ years of service Retirement Health Insurance Access to a health insurance plan for retirees, covering medical, dental, and vision expenses. Retired employees with 10+ years of service 24 Retirement Age 23 Retirement Benefits 24.1 Employees are eligible for retirement at the age of 61, with full pension benefits. 25 Petrol Allowance 25.1 Employees using personal vehicles for official business are eligible for a petrol allowance of RM30 per kilometer traveled. 25.2 Monthly petrol allowance of up to RM150 is provided to employees with roles requiring frequent travel between branch locations
26 Outstation Allowance “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 15 26.1 Lodging Reimbursement for hotel lodging will be at actual cost not-to-exceed RM150 per night, which includes fees and taxes, or in any other case expressly authorised by the Employer. Not reimbursable: Additional in-room amenities such as room service, extra mattress, and pillow. 26.2 Airfare Reimbursement for airfare will be at Economy Class using lowest logical airfare and advance purchase options. In order to obtain the best pricing options, booking should be done as soon as possible. Not reimbursable: unused tickets, airport ticket, class changes or seat location. 26.3 Meal Meals are reimbursed up to RM 100 per person, each day, tax included. Purchases made must be accompanied by a receipt. Each attendee's name, company, title, meal account receipt details, meal date, venue name and location, and group meal purpose must be included in every group meal receipt. 26.4 Personal Car Mileage Reimbursement If the employer gives their advance approval, employees are permitted to drive their own vehicles rather than using the bus or renting one. It is mandatory to document mileage in the daily travel logs. The usual mileage rates will be applied for calculating reimbursement for vehicle mileage. No reimbursement: personal auto costs, such as gas or auto maintenance 26.5 Transport Services Transport services, such as taxis, buses, or e-hailing, to and from the airport or a destination, are reimbursed with a legitimate business requirement. 27 Hardship Allowance Employee will receive hardship allowance under few circumstances: 27.1 Compassionate Allowance Employee will receive RM 200 when direct-related family member of employee passed away. However, employee need to submit a copy of death certificate to Human Resource Department in order to receive the allowance.
28 Relocation Allowance 29 Car Allowance Employee who is relocated by the company to another location exceeding 100 km, on a permanent basis, from his assigned place of work shall be entitled to a one-time relocation allowance according to the following terms and conditions: A relocation allowance of RM 9000 will be given for incidental costs associated with the move. Temporary accommodation up to fifteen (15) days will be given if employee relocate to different area. A monthly car allowance will be granted to employees in top management. This allowance is subject to EPF contributions and will be taxable. The allowance is for RM 2,300 per month. “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 16 27.2 Isolation Allowance Employee that was isolated under the order of KKM will receive RM 200 of isolation allowance. However, employee must submit a copy of isolation document as proof to receive the allowance. 27.3 Hospitalization Allowance An employee who was hospitalized as a result of a serious illness or accident will be paid RM 100 in hospitalization benefits. To be eligible for the payment, the employee must present a copy of their hospitalization record as identification. 30 Outfit Allowance A perk known as the outfit allowance is provided to eligible employees once every two years to help with the cost of buying and maintaining work-related clothing. It costs RM 1000. The qualifications differ depending on the division, job level, or specific duties. Among the factors influencing the allowed amount are the nature of the task, industry standards, and associated costs.
31 Service Award 31.1 Employee loyalty, efforts, and contributions are valued by the Group. A service award or long service award will be given to workers who demonstrate those attributes. 31.2 After completing specified periods of continuous service with the Group, an employee will be eligible for service awards, provided they maintain a clean disciplinary record. 31.3 Table below shows the corresponding award with the years of continuous service: “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 17 Year of Continuous Service 3 Years 5 Years 10 Years 15 Years 20 Years 25 Years Value RM1,000 RM1,500 RM3,000 RM5,000 RM8,000 RM10,000 Type Token of appreciation Spa/Shopping/Meal Vouchers Paid trip or Spa/Shopping/Meal Vouchers Award 31.4 However, service awards are not exchangeable for cash.
“RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 18 32 Education Assistance The Group encourages staff members to pursue additional education in order to fulfill the Group's present and future demands. If allowed by the Group, an employee may choose to pursue a master's, PhD, diploma, or degree program. Permanent employees who have worked for the Group for at least a year are eligible for this. Each calendar year, a maximum of two (2) places for education assistance will be given out. When more than two (2) employees are eligible for assistance, the employees will be chosen based on seniority in service and the program's application need. If an employee quits or is fired from the Group before the program is finished, they are responsible for paying back the Group for all monies received up until the moment of resignation or termination. Should the employee not pass the examinations, they would be responsible for paying back the Group in full by salary deduction, as per their agreement with the Group. The Group reserves the right to stop providing education assistance if the employee is unable to successfully finish the program. Employee is responsible for paying back the Group in full for any financial support received up until the assistance's discontinuation. The Group retains the right to take whatever necessary action(s) to recoup the amount owed from the employee.
www.premierfinancialbank.com 19 “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK 32.1 Applying for the Assistance If an employee is interested in receiving aid, they must complete the application for education support and submit it with the necessary paperwork, which should include the program description, duration, registration cost, and other pertinent documentation. The submission must be sent at least two(2) months prior to the program enrollment/registration deadline to the Head of Division and the immediate superior. Prior to making any decisions, the head of the division must speak with HR. 32.2 Financial Support The annual maximum for financial assistance is RM10,000, which should pay for textbooks, course materials, registration costs, and test fees. Employees who pay the fees and turn in the cost claim will also be eligible for reimbursement. The original receipt must be included with the claims when they are submitted and sent to the immediate manager for approval. 32.3 Bond Employees who are awarded with the assistance shall be required to sign a bond agreement with the Group. Table below shows the value of education assistance and relevant bond period: Value of Education Assistance Less than RM10,000 RM10,000 to RM20,000 More than RM20,000 Bond Period 1 Year 2 Years 3 Years The bond period will commence from the date of successful completion of the educational program.
33 Funeral Assistance “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 20 If a member of the employee's immediate family dies away, our company will pay the employee's funeral expenses (RM1,800). 'Immediate family member' is defined in this clause as parents, parentsin-law, children, and spouse. The recommended employee must give the company a copy of their death certificate before they can apply for funeral assistance. 34 Employee Award An employee reaching his 5th Year Employee Award will be given Certificate of Appreciation, commemorative gift, and bonus voucher. Once the employee A, B and C has the certificate should be forwarded For employees reaching his 10th Year Service Award will be given Crystal Trophy, Paid Time
35 Training and Development At Premier Financial Bank, we recognize that continuous learning and development are essential for the growth of our employees and the success of our organization. Our training and development programs are designed to enhance skills, knowledge, and professional competencies. 35.1 Professional Development Program Objective To enhance employees' professional skills and competencies necessary for career advancement and effective performance. Program Overview The Professional Development Program is structured to provide employees with opportunities to develop key skills through a combination of workshops, seminars, and online courses. “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 20 The program focuses on various areas essential for career growth and effective job performance within the banking industry.
“RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 21 Duration Varies depending on the specific course or workshop. Typically ranges from 1-5 days for workshops and seminars, and up to several months for certification programs. Methodology Interactive Learning: Workshops and seminars incorporate group activities, case studies, and role-playing exercises to enhance learning. Self-Paced Learning: Online courses allow employees to learn at their convenience, balancing work and personal commitments. Expert Instructors: Sessions are led by industry experts and experienced professionals who provide valuable insights and practical knowledge. Key Components Workshops and Seminars: These in-person sessions cover a range of topics such as leadership, communication, customer service, financial analysis, and risk management. Online Courses: Employees have access to a library of online courses that they can complete at their own pace. These courses cover advanced banking practices, compliance, and industry-specific knowledge. Certification Programs: Employees are encouraged to pursue relevant certifications, such as the Certified Financial Analyst (CFA) or Certified Risk Manager (CRM), with financial support from the bank.
36 General Clause 1. Modifications The Company reserves the right to modify, amend, or terminate any employee A, B and C benefitplans or policies at its sole discretion, provided that any such modifications or terminations complywith applicable laws and regulations. Any changes to the benefits will be communicated toemployees A, B and C through written notice or updated plan documents as required by law. “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 22 Assessment and Feedback: Post-Training Assessments: Employees complete assessments to evaluate their understanding and retention of the material. Feedback Surveys: Participants provide feedback on the training sessions, which helps in improving future programs. 2. Employee Contributions The Company may require employee A, B and C to contribute towards the cost of certain benefits,such as health insurance premiums or retirement plan contributions. The contribution amounts, ifapplicable, will be clearly communicated to employee A, B and C and will be deducted from theircompensation as specified by the Company's policies.
3. Benefit Termination If an employee's A, B and C employment is terminated, the continuation of any benefits beyond thetermination date will be subject to the terms and conditions of the specific benefit plans, as well asany applicable laws or regulations governing the continuation of benefits after employmenttermination. “RELIABLE AND TRUSTWORTHY” PREMIER FINANCIAL BANK www.premierfinancialbank.com 23 4. Disclaimer The Company makes no representations or warranties regarding the availability, adequacy, orcontinuity of any specific employee A, B and C benefits. The Company reserves the right to modify orterminate any benefits, in whole or in part, at its sole discretion, and employees A, B and C shallhave no claim or entitlement to any specific benefits beyond those offered by the Company. 5. Other Terms Additional terms and conditions relating to specific employee A, B and C benefits may be set forth inseparate plan documents, policies, or agreements. In the event of any inconsistency between theterms of this general clause and the specific plan documents or policies, the latter shall prevail.
Contact Info For any questions or further assistance, please contact : HR Department Office No. : 03 7299 1881 Fax No. : 03 7221 1777 Email: [email protected] Copyright @ 2024 Premier Financial Bank