白金科技股份有限公司
Pros

There are no advantages whatsoever, except that the colleagues are easy to get along with.

Cons

1. There was no bonus at all in 2019. It was originally supposed to be paid in October, but in 2018 it was not paid until December 31; in 2019, they simply stopped paying it.

2. For the 2019 year-end bonus, direct employees received only 0.5 months' salary (those rated C or below received no year-end bonus), while indirect employees received 0.675 months' salary (and it was paid in two installments: half in January and the other half in June). It was really a rip-off.

3. Dispatched employees are treated as if they are not people. When there are orders, a large number of people are hired; when there are no orders, they are all dismissed at the end of the year.

4. The 2020 year-end banquet was simply canceled. The company originally said it would hold a spring banquet after the Lunar New Year, but then used the Wuhan coronavirus as an excuse and canceled that as well. The boss is really good at saving money. Originally, each person would receive at least NT$1,000 as an attendance prize, but now the event is not held at all, so they save all of that money.

Conclusion: Mr. Peng, the CEO of Platinum, is very good at saving money. I suspect the money saved all ends up in their pockets (the various shareholders and senior executives). The company does not publish financial statements every year. Every year toward the end of the year, the company cries poor and says there are no orders; year-end bonuses and dividends getting smaller and smaller has become the norm.

There is also no money for employees, yet they keep expanding with new plants. They previously had the Suzhou plant in mainland China, and last year they built a plant in Wuxi. They keep building new plants despite having no money—really great.

Final conclusion: The boss of Platinum is really great.

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