Introduction to Bank of China’s Single Employee Salary and Welfare Trust Plan: 1. A professional financial product that provides a package of services such as fiduciary account management, fund custody, and investment management to the employee salary and welfare fund of a single client. Among them, Bank of China serves as the employee salary and welfare fund.
The trust company serves as the trustee and investment manager of the employee compensation and welfare fund.
2. Currently, the single employee salary and benefit trust plan product launched by Bank of China and Hwabao Trust can support various salary and benefit fund management plans such as corporate performance risk fund plans, corporate mid- and long-term incentive plans, and employee savings plans.
The main purpose of the enterprise performance risk fund plan is to optimize the enterprise's salary structure, strengthen performance management, and reasonably control risks; the main purpose of the medium- and long-term incentive plan is to motivate employees, attract and retain talents.
The above content is for your reference, please refer to actual business regulations.
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