Welfares
Annual Health Check-up 2021
HR would like to inform the details of the annual health check-up as follow
Period : 18 June 2021 to 15 September 2021
Eligible Person : All contract lecturers including monthly temporary employers except enterprise employees daily workers (For those who are ineligible and the families of the employees, if you wish to be examined, you must pay for the examination cost with the same special rate as the staff.)
Number of service : Approximately 40 people per day, providing services to those who pre-registered via the link provided.
Special Examinations : For 3 special health check-up items, which are mammogram, upper abdominal ultrasound and cervical cancer by Thinprep method, the WUH will determine the date of the examination later because it is examined by outside agencies.
Regulation : In order to reduce the risk of contracting the Coronavirus (Covid-19), employees must maintain social distance in accordance with the surveillance and disease prevention measures according to the policy.
WU Bangkok Campus : Employees working at Walailak University, Bangkok, the university will determine the date of the examination and inform the details of the medical examination directly later.
For more information : Contact health check-up department, WUH, call 73082, 73059, or Welfare section, Division of Human Resources and Organizations, call 73777.
COVID-19 Insurance for employees and family
Due to the outbreak of the COVID-19 both in Thailand and around the world, the university has concerned about our staffs and approved to provide the Corona virus Insurance (COVID-19) for everyone.
If you wish to have the COVID-19 insurance for your family, including parents, siblings, spouse, and children, you can apply by filling the name and details here https://forms.gle/aFCBU5LSCsCJ5FNRA. by 4.30 PM, April 2nd 2020. Please note that the insurance premium rate is at 150 THB per year/person. Please find the details in the link or picture below
**** The assured need to currently live in Thailand ****
Loan for Computer Purchasing
- For the utmost benefit of increasing work efficiency, university allow employee to borrow money to buy PC or Laptop. The borrowing amount will be as actually paid but not more than 50,000 THB per person with out interest (with 1 guarantor)
Employee can return all amount at once or can be paid in installment.
Sport Complex Membership
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The university sport complex is open to both external parties and staffs. For university employees, the university has supported a portion of the fee for employee to use the service at special service rate.
The sport complex consist of a fitness center, swimming pool, sports field with running track, football field, tennis court and gymnasium that can play other indoor sport.
Accommodations
| Roon Type | Description | Room Rate | |
|---|---|---|---|
|
|
|
First 5 years |
After 5 years |
|
Single Studio Room |
For single employees |
Free** |
฿700/month (old building) |
|
Family Room |
For employee living with spouse |
Free** |
฿1,300/month |
|
Family House |
For employee with family (spouse and children) |
Free** |
฿2,700/month |
** Note : Free accommodation exclude cost of utilities**
What we provide
Parking Lot
Free Wifi
Washing Machine
Resting Area
Security Control
Small shop and restaurant
Provident Funds
Provident Fund
Q1 : What is Provident Funds?
A1: The main objective of the provident fund is that members will have funds for retirement in which members must collect money into the fund, called “savings” which is deducted from the salary at the rate specified by the member and the employer will pay the other additional part, called “contributions.”
Q2 : What benefits will members receive?
A2: 1. Saving money for retirement or after resignation.
2. Receiving the additional contribution from the university
3. Saving money under the management of a professional fund management company.
4. The saving paid into the fund does not need to be calculated for tax purposes, and it can be divided into two parts as follow;
Part 1: Being tax-deductible in the calculation of taxable income as paid, but not more than 10,000 baht per year.
Part 2: The excess of 10,000 baht but not more than 15 percent of the salary but not more than 490000 baht
5. In the case of a retirement and becoming a member for at least five years or becoming disabled or deceased, the full tax exemption will be granted.
Q3: Who can apply to be a member of Provident Fund?
A3: Permanent Employees ( > 2 year contract)
Q4: Do all employees have to apply for membership?
A3: No, employees can choose whether they want to apply for a provident fund or not.
Q5: What is the rate of saving and contributions that must be remitted to the fund?
A5: Saving rate: 4-8% of the salary (can be adjusted twice a year)
Contribution rate: 8% of salary
Q6: Can members request to withdraw money from the fund?
A6: Only can be done when membership has ended.
Q7: When and how will members receive their savings and contributions?
A7: 1. When? Only when membership ended
2. How? When members resign from the fund or resign from the university, conditions for receiving contributions are as follows:
| Membership lifetime | Contributions benefit when resigning |
|---|---|
|
< 3 year |
0% |
|
3-6 years |
50% |
|
6-10 years |
75% |
|
>10 years |
100% |
Q8: If the member dies, who will the fund be paid?
A8: The fund will be paid to the beneficiary specified in the beneficiary specification letter by the member.
Q9: What is "Beneficiary specification letter."
A9: A letter of intent stating that if a member dies, whom the member wishes to give the fund to? After becoming a member, the beneficiaries can be changed as the member wished anytime.
Q10: How will funds be received at the end of membership?
A10: A/C Payee Only
Q11: How can members get information about their funds?
A11: The fund management company will prepare a fund reporting report individually, notifying members twice a year (In June And December every year)
Q12: Who is a fund management company?
A12: Fund management companies are banks or financial institutions or legal entities that are licensed to manage provident funds under the law.
Q13: At present, who is a fund management company of Walailak University?
A13: Kasikorn Asset Management Company Limited since July, 1st 2012
Q14: How many types of investment policies can members choose? Also, what are the policies?
Q15: Can members change their investment policies?
A15: Yes, but not more than twice. The change will take effect every July and January of every year and must notify at least two months in advance.
