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Declaration of Compliance Management
Under the mission of " opening a new horizon for global new medicine development through differentiated core technologies and open innovation ," we have continued to develop and grow constantly. As a result, Ligachem Bioscience currently holds a leading position in ADC and is constantly innovating for greater growth based on the VISION 2030 Early Achievement Strategy. All of these achievements are due entirely to the dedication of our employees. I would like to express my sincere gratitude.
However, clear principles and standards are essential to sustainable growth in a rapidly changing market environment.
Compliance management is now a necessity, not a choice, for the survival and success of Ligachem Biosciences. Today we will officially declare compliance management, establish a culture of fair and transparent trading, and set an example for the industry by practicing it. By making compliance management the top priority of the company′s operations, we will strictly adhere to compliance values in all decision-making and work.
Today 2024, Ligachem Bioscience officially declares more systematic and fundamental compliance management.
The discovery of excellent people
Each employee′s expertise and enthusiasm are key factors in our new drug research and development, which are important factors for the company′s growth.
Accordingly, the company is passionate in performing its work, active in collaborating with others, and striving to hire excellent people who can devote themselves.
The company has hired more than 20% of its employees in the past three years compared to the number of employees in the previous year. We are laying the foundation for the growth of companies by continuously hiring excellent talented people.
We would like to continue to explore various ways to secure excellent human resources and strive to cultivate human resources.
Human Resource Management and
Performance Management System
Ligachem Bioscience is conducting a fair competency evaluation for all employees.
The period for personnel evaluation is set to one year, and the performance of individual team members and individual work contribution evaluation are conducted comprehensively.
Based on this evaluation, wages and incentives are set, and fair compensation for performance motivates members to enhance their capabilities.
Benefits
Ligachem Bioscience operates a variety of welfare programs to support the well-being and health of its members and their families , and has specified details in its employment rules.
A benefit program
| Classification | Detailed item |
|---|---|
| A completely selective work system | You are free to decide on working hours for 40 hours a week. Legal allowances for overtime working hours are paid through the comprehensive wage system. |
| Discretionary work system | The work of the research staff is entrusted to the discretion of the staff according to the property of the work. |
| A Stock Option System | Implementation of the highest level of Stock Option (Excellent employees / Long Term / Core Talent / Performance Rewards) and the highest level of license out rewards. |
| Support for family events and children′s school expenses | Payment of congratulatory and condolence expenses to the person, spouse, children, himself/herself and his/her spouse′s parents. |
| Comprehensive health examination support | Comprehensive examination costs of up to 250,000 won per person for employees themselves, one family member, and each person are supported. |
| Work environment support | In-house cafes, fitness rooms, table tennis courts, free operation of in-house restaurants (join/medium/dinner), support for company recreational facilities (Condo/resort/golf), etc. |
| Capacity Building for employees | Support for attending domestic and foreign conferences, support for education and training expenses for obtaining certificates, Support for language courses for all employees |
Employee training
Status of employee training operation
| Category | 2023 |
|---|---|
| Education Count | 76cases |
| Total Hours | 3,179hours |
| Total People | 184people |
| Hours per Person | 17hours |
* Individual job training standards (excluding compulsory legal education, introductory education, etc.)
A labor-management council
The labor-management council of Ligachem Bioscience consists of four members on the company′s side, including the CEO, and four members on the worker′s side, a total of eight members, and the CEO serves as the chairman of the labor-management council.
The company′s regular labor-management council meetings are operated once a quarter, and a total of four labor-management councils were held in 2023.
| Category | Operation Date | Agenda Details | Agreement Rate |
|---|---|---|---|
| 1round | 2023-03-31 | · Compensation and Rewards for Technology Transfer · Updates to COVID-19 Response Guidelines · Replacement of Office Blinds · Conducting Workplace Environment Measurements for the First Half of 2023 · Management of High-Risk Toxic Substances · Improvement of Acetone Handling Environment |
100% |
| 2round | 2023-06-30 | • Installation and Delegated Operation of Electric Vehicle Slow Chargers • Adjustment of Hazardous Substance Handling Tasks for Pregnant Employees • Partial Revision of Regulations Related to Safety and Health Management • Operation of an In-house Exclusive Wash Zone for Business Trip Car Wash Services |
100% |
| 3round | 2023-09-21 | • Implementation of Special Health Checkups • Conducting Workplace Environment Measurements • Selection of Designated Hospitals for Influenza Vaccinations |
100% |
| 4round | 2023-12-20 | • 2024 Safety and Health Management Plan and Budget • Promotion of Mental Health for Employees and Executives |
100% |
Guidelines for Practicing Ethics
This is a guideline for practicing ethics of Ligachem Bioscience