Fair Work Practices Policy

Effective Date: 29 August 2023

1. Introduction

Welcome to DAC Techologies, where we are committed to maintaining a work environment that upholds the principles of fairness, respect, and compliance with all relevant employment laws and regulations in Singapore. This Fair Work Practices Policy outlines our commitment to treating all employees with respect and dignity and provides guidelines for promoting a positive workplace culture.

2. Equal Opportunity and Non-Discrimination

We are committed to providing equal opportunities to all employees and applicants for employment, without regard to race, color, religion, gender, national origin, age, disability, marital status, sexual orientation, or any other legally protected status. We prohibit all forms of discrimination, harassment, and retaliation within our workplace.

3. Working Hours and Overtime

We adhere to Singapore's labor laws and regulations regarding working hours and overtime. Employees are expected to work within the designated hours as stated in their employment contracts. Overtime work may be required on occasion, but it will be compensated according to legal requirements.

4. Compensation and Benefits

We ensure that our employees receive fair and competitive compensation for their work, in accordance with Singapore's wage regulations. In addition to base salary, eligible employees will receive benefits such as leaves, medical coverage, and other applicable allowances.

5. Health and Safety

The health and safety of our employees are of utmost importance. We provide a safe and healthy working environment that complies with the relevant occupational health and safety standards in Singapore. Employees are expected to follow safety protocols and report any potential hazards or incidents promptly.

6. Work-Life Balance

We recognize the importance of work-life balance for the well-being of our employees. Whenever possible, we strive to provide flexible work arrangements that accommodate individual needs, without compromising the efficiency and effectiveness of our operations.

7. Grievance and Dispute Resolution

We encourage open communication and transparency. If an employee has any concerns, complaints, or grievances related to their work environment, treatment, or any other work-related matter, they are encouraged to follow our established grievance resolution procedure, which provides a fair and impartial process for addressing such issues.

8. Respectful Workplace

We expect all employees to treat each other with respect and professionalism. Bullying, harassment, or any form of disrespectful behavior will not be tolerated. Such behavior goes against our values and will be subject to appropriate disciplinary action.

9. Confidentiality and Data Protection

Employees are expected to respect the confidentiality of company and employee information, as well as adhere to data protection regulations in Singapore. Unauthorized disclosure of sensitive information is strictly prohibited.

10. Compliance with Laws

We are committed to complying with all applicable laws and regulations governing labor and employment practices in Singapore. We expect our employees to adhere to these laws as well.

11. Policy Violations

Any violations of this Fair Work Practices Policy will be taken seriously. Disciplinary action, up to and including termination of employment, may be taken for serious breaches of this policy.

12. Policy Review

This policy will be reviewed periodically to ensure its relevance and effectiveness. Any updates will be communicated to all employees.

By fostering a workplace environment guided by fairness, respect, and legal compliance, we aim to create a positive and productive atmosphere for all employees at DAC Technologies