We are focused on supporting and working together with our communities and partners, and creating and fostering a working environment where diversity and respect are valued.
We are committed to protect, improve and promote the welfare of our employees, partners and communities. We strive to provide an environment in which our employees can fully unleash their talents, and be treated with respect, care and dignity. We make great efforts to coach, train, and develop all our employees at work so that they can grow their career at the Company while contributing to our business growth. We train our managers to become good stewards for our employees, balancing the need for humanity while driving performance results. Our employees appreciate and value the strength of our people-oriented environment and the benefits the workplace diversity brings.
We offer competitive and fair compensation and benefits packages that include but are not limited to a combination of base salary, annual bonus, discretionary bonus for outstanding achievements, ESPP, time-based and performance based long term equity compensation. The equity-related compensation programs are designed to motivate and incentivize our employees and link their rewards to financial and other strategic business performance results and at the same time increase our shareholder value.
We are focused on employee engagement by providing various social and team-building events and opportunities, and we have an open-door policy for all of our employees and encourage them to discuss with our management any concerns, issues and ideas relating to their work and careers. At our China locations, we also conduct bi-annual employee satisfaction surveys to solicit employee feedback, upon which we perform deep dives to understand the underlying needs to identify and implement improvement measures accordingly. These efforts contribute to enhanced employee engagement and morale.
AOS has established a health and safety management system to eliminate or minimize the risks to personnel and other parties who could be exposed to hazards associated with its activities.
Our commitment is to comply with applicable legal requirements. Under the control of the health and safety management system, we are able to control hazards originating within the workplace which could adversely affect the health and safety of our employees. We ensure that we regularly deliver health and safety training to our employees to eliminate or minimize the risks.
The health and safety of our employees are of paramount importance to the Company. At each of our major locations, a site safety committee conducts routine meetings to check and review effectiveness of our policies and guidelines, incidents and oversee the implementation of corrective actions to ensure a safe and healthy work environment. Since the onset of COVID-19 pandemic, we swiftly implemented policies and procedures to protect the health and safety of employees according to guidelines adopted by health authorities. At our U.S. facilities, the COVID-19 Prevention Committees at each site met routinely to update prevention measures in accordance to state and county health orders. We provided office workers with the necessary technology support and a monthly stipend for our Sunnyvale R&D site, which enabled work-from-home arrangements of our employees that ensured continuity of our business operations.
AOS treats all our employees with the utmost respect and dignity. We are committed to complying with labor standards and fair business practices everywhere we do business, and our Board has adopted a Labor and Human Rights Policy that applies to employees, interns, suppliers, agents, representatives, consultant and advisors. We recognizes the value of having a diverse and inclusive workforce. We work diligently to uphold and maintain work environments that promote equal opportunities and that are free of discrimination and harassment on the basis of protected classifications. These standards and expectations are communicated to our employees and enforced through daily efforts at work by both management and employees. We also provide trainings to our employees to ensure that they comply with our policies. Employees and management with direct responsibility for supply chain management are provided with specific training on human trafficking and slavery. Employees failing to meet these expectations would be held to our internal accountability standards and procedures. We understand the value and potential of each and every employee, which is why we actively train and develop the skills and capabilities of our employees so they may realize their full potentials and have successful careers with our companies.
We also require our suppliers and service providers to comply with the SB657 regulations which require our direct suppliers to certify that materials incorporated into AOS’s products comply with the laws forbidding slavery, human trafficking and child labor of the country or countries in which they conduct business.
AOS requires its direct suppliers to certify that materials incorporated into AOS's products comply with the laws regarding slavery and human trafficking of the country or countries in which they are doing business.
We are dedicated to ensuring that we use responsibly sourced minerals in both our supply chain as well as through our suppliers. The armed conflict and human rights atrocities that proliferate and are funded by the exploitation of natural resources in the Democratic Republic of Congo and adjoining countries (“DRC”) are unacceptable and any manufacture of product connected with this will not be tolerated.
Commonly known conflict minerals are those such as tantalum, tin, tungsten, and gold. Conflict minerals originating from the DRC must not be included in materials or products supplied to the Company. We are committed to ensuring an ethical and diverse supply chain that is focused on responsible mineral sourcing. We require all of our suppliers who manufacture raw metal materials containing tantalum, tin, tungsten or gold to implement their own conflict mineral policies. All such suppliers are required to undertake reasonable due diligence within their supply chains to ensure that the minerals are not being sourced from mines in conflict areas. We support the traceability and transparency of such information so that our customers can be assured that the metals used in their products are not contributing to any conflicts and come from sustainable sources.