Corporate Social Responsibility (CSR) activities of ACE (Pvt) Ltd.
January 21st, 2010 1. ACE Employees Provident Fund Trust:
Provident Fund is a terminal benefit offered by the company to its permanent employees. The company and employees both contribute into the Fund Trust which is managed by a Board of Trustees nominated by the company. The trust is a separately registered legal entity with independent auditors.
2. ACE Gratuity Fund Trust:
This is also a terminal benefit in addition to the Provident Fund, which is based on the number of years of services. The company makes investment into the Fund Trust which is managed by a Board of Trustees nominated by the company. The trust is a separately registered legal entity with independent auditors.
3. Hospitalization Plan:
Employees, their spouse and children under 18 years are enrolled under a categorized hospitalization plan covered through an Insurance Company.
4. Group Life Insurance Plan:
All employees under the age of 60 years are covered through an Insurance company. The coverage varies according to the grade of employment.
5. Incentives for acquiring masters degree in engineering field.
a) Enhancements in salaries are provided to employees on obtaining Master and Doctorate qualifications.
b) Employees on completing their masters and PhD qualifications in engineering are also entitled to an additional qualification allowance.
6. Regular formal or informal training sessions are conducted by the company to update its employees technical knowledge, Management Skills and Quality Management System awareness.
7. Company also facilitates internship to final year Engineering students annually on selective basis.






