Performance Review

To help employees enhance professional capability and performance while developing growth and potential, FENC has clearly delineated the protocol for performance review. Benchmarks are established based on employees’ positions as well as performance in corporate sustainability. Indicators considered include energy reduction, promotion of green business, R&D on green products, corporate governance and optimization of human resources. The Company provides a performance-driven bonus system to incentivize employees and senior managers with exceptional performance. With the exception of interns, employees yet to complete the first year of employment or on leave without pay, all permanent employees are subject to performance review. In 2022, performance reviews for 100% of FENC employees have been completed.

Performance Review for Employees

Productivity-linked incentive is issued based on business operation as well as departmental and personal performance. Twenty percent of employees’ monthly salaries come from this incentive system. Indicators for the incentive include productivity milestone, quality, energy and occupational safety, which encourage employees to engage in improving occupational safety; energy and carbon reduction; environmental protection and recycling; production flow, and ultimately help FENC achieve sustainable management.

The performance review for employees is conducted at least once a year and serves as a key reference for salary adjustment, bonus, promotion and dismissal.

Performance Review and Employee Development System

 

Performance Review for Senior Managers

Performance review for senior managers is 70% quantitative, which is based on revenue analysis, and 30% qualitative, which is based on long-term development. The review is tied to adjustments in salary and annual bonus.

Evaluation Categories and Details for Senior Managers

 

Performance Review for Migrant Workers

Performance review for migrant workers in Taiwan are determined by their supervisors based on monthly attendance and production of Grade A products. Bonus is awarded based on the results.
 

Fostering Employee Career Planning

Talents are critical to a corporation’s ability to navigate through capricious waters and towards victory. Therefore, talent cultivation should be strategically thought out with foresight to keep pace with corporate growth. Balancing the macro-organizational and the micro-employee perspectives, talent development should be based on the corporate core values, organizational development and departmental needs. Employee training at FENC is conducted through diverse channels integrated by its E-training management system. In the spirit of continuous refinement and optimization, the Company is on track to complete an omnidirectional training blueprint that will shape it into a holistic learning organization.

In the beginning of each year, discussions are held between employees and their supervisors to establish future training programs. By the middle of the year, employees undergo training, apply the knowledge they acquire and share it through the organizational knowledge sharing team so they can learn from each other. Each stage is calibrated to foster personalized and sophisticated training track. The corporate training system provides specialized training. Starting from day one, employees are assigned mentors to guide them through the available learning resources. Regular orientation camps and the mandatory general training help new recruits get acquainted with the corporate culture and develop their own network. Once they get situated at their posts, professional training begins with an emphasis on occupational safety and health as well as regulatory training on human rights. With time, as they develop the qualifications for the management positions, management training kicks in at various levels to further develop their abilities to embrace future challenges and organizational development.

FENC has been a repeating winner of Talent Quality-management System (TTQS) Silver Medal and People Development Excellence Award from SGS CSR Awards. FENC also received the 5th consecutive People Development Award from Taiwan Corporate Sustainability Awards (TCSA) in 2022. FENC has established a reputation for the quality and performance in talent development.

Management approaches are project-specific, and the results are evaluated based on the Kirkpatrick Model.

2022 Evaluation

 

2022 Training and Attendance

 

2022 Strategic Talent Training Program

 

Training Framework

 

2022 Training ,Attendance and Total Time

	New Recruit Training		Specialized Training		Management Training
	Sessions	Attendance count	Sessions	Attendance count	Sessions	Attendance count
Taiwan	91	749	3,009	20,439	403	1,592
Mainland China	347	1,102	2,430	16,014	61	1,480
Vietnam	2,219	54,140	1,552	20,203	80	830
Japan	35	38	682	685	0	0
U.S.	18	35	271	702	53	106
Total	2,710	56,064	7,944	58,043	597	4,008

 

	Occupational Safety and Health Training		Anti-corruption Training		Human Rights Training		Total Time
	Sessions	Attendance count	Sessions	Attendance count	Sessions	Attendance count	Hours
Taiwan	792	18,745	106	6,133	19	4,411	110,288
Mainland China	134	4,674	177	5,490	176	5,412	87,828
Vietnam	497	17,354	213	13,555	237	13,502	338,309
Japan	12	1,370	1	71	1	171	5,321
U.S.	134	1,370	1	77	1	175	9,822
Total	1,569	43,513	498	25,326	434	23,671	551,568

 

Average Number of Training Hours of Regions

Unit: hour / person

	2020	2021	2022
Taiwan	26.82	29.50	25.34
Mainland China	30.70	19.87	19.17
Vietnam	16.29	13.97	29.22
Japan	14.44	14.70	24.30
U.S.	43.51	52.17	52.52
Total	21.80	19.12	26.37

Note: In 2022, the COVID-19 pandemic eased off in Vietnam and Japan, allowing the partial opening of the training courses.

 

Average Number of Training Days of Regions

Unit: day / person

	2020	2021	2022
Taiwan	3.35	3.69	3.17
Mainland China	3.84	2.48	2.40
Vietnam	2.04	1.75	3.65
Japan	1.81	1.84	3.03
U.S.	5.44	6.52	6.57
Total	2.73	2.39	3.30

 

Average Number of Training Hours of Ranking and Gender

Unit: hour / person

		2020	2021	2022
Section Chief and above	Male	36.86	28.12	32.15
	Female	28.74	20.38	25.38
	Subtotal	34.54	25.95	30.09
Office Clerk	Male	23.76	26.50	31.78
	Female	15.06	14.55	21.66
	Subtotal	20.41	22.30	27.94
Factory Workers	Male	23.53	19.47	26.27
	Female	19.83	14.79	24.30
	Subtotal	21.33	16.53	25.05
Total Employees	Male	24.84	23.52	29.20
	Female	18.62	14.98	23.74
	Subtotal	21.80	19.12	26.37

 

Average Number of Training Days of Ranking and Gender

Unit: day / person

		2020	2021	2022
Section Chief and above	Male	4.61	3.52	4.02
	Female	3.59	2.55	3.17
	Subtotal	4.32	3.24	3.76
Office Clerk	Male	2.97	3.31	3.97
	Female	1.88	1.82	2.71
	Subtotal	2.55	2.75	3.49
Factory Workers	Male	2.94	2.43	3.28
	Female	2.48	1.89	3.04
	Subtotal	2.67	2.07	3.13
Total Employees	Male	3.11	2.94	3.65
	Female	2.33	1.87	2.97
	Subtotal	2.73	2.39	3.30