遠東新世紀股份有限公司〈原遠東紡織〉,乃台灣規模最宏大、最多元化的紡織及相關產品製造者。本公司共分化纖、紡織、石化、土地開發與轉投資五大事業。

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Sustainable Talent

Sustainable Talent

Human rights have been gaining attention in recent years. We protect employees as well as their human rights, striving for maintaining work-life balance

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Talent Development

In the spirit of sustainable development, we value talent development and provide comprehensive training to foster professional competency at all stages.

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 2021, performance reviews for 99% of FENC employees have been completed.

Performance Review

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. Benchmarks 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 review also 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

 

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

As the race to corporate success tightens in the digital age, talent is a crucial link to the winning formula. To keep up with accelerating corporate growth, foresight is essential. FENC must maintain a talent pool that is ready to strike at any moment. The Company values talent development, providing multiple learning channels with abundant resources. In the beginning of each year, supervisors discuss with their subordinates and decide on future development and training plans. On the semi-annual mark, what employees acquire from training is put to practice. Employees form share groups to learn from each other, building a learning organization, strengthening professional skills and getting 
FENC ready for future talent deployment.

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 4th consecutive People Development Award from Taiwan Corporate Sustainability Awards (TCSA) in 2021 along with LinkedIn Rising Star from 2021 LinkedIn Talent Awards in Taiwan. 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. The average number of training hours for all employees in 2021 is 19.37 hours per person, a decrease of 11% compared with 2020. The reduction in training hours is mainly due to the suspension of training courses resulted from the pandemic in Vietnam. And the local authority in Suzhou, Mainland China asked the company to conduct pandemic prevention training in 2020.

 

Course Category and Detail

 

Training Framework for Digital Transformation and Internationalization Talents

 

Training Framework for Digital Transformation and Internationalization Talents

 

New Recruit TrainingProfession-Specific TrainingRegulatory TrainingProject-Specific Training

Session

Attendance

Session

Attendance

Session

Attendance

Session

Attendance

Taiwan

2020

95

560

597

17,295

610

15,502

142

4,307

2021

113

38477417,65667021,3671663,889

Mainland China

2020

391

1,341

510

6,046

437

4,914

53

814

2021

4793,4814086,9754364,59459793

Vietnam

2020

1,878

30,248

394

10,351

366

10,000

38

2,424

2021

1,91136,2505048,1301704,82138447

Japan

2020

31

59

98

98

3

146

4

143

2021

30419515711571157

U.S.

2020

20

140

190

190

9

705

144

1,085

2021

271748411,176218111341,015

Total

2020

2,415

32,348

1,789

33,980

1,425

31,267

381

8,773

2021

2,560

40,330

2,622

34,094

1,298

31,750

398

6,301

Note: Profession-specific Training includes competency course.

 

Average Number of Training Hours of Regions

Unit: hour / person

 

2019

2020

2021

Taiwan

28.56

26.82

29.50

Mainland China

32.25

30.70

19.87

Vietnam

19.65

16.29

14.48

Japan

47.28

14.44

14.70

U.S.

56.05

43.51

452.17

Total

25.07

21.80

19.37

 


 

Average Number of Training Days of Regions

Unit: day / person

 

2019

2020

2021

Taiwan

3.57

3.35

3.69

Mainland China

4.03

3.84

2.48

Vietnam

2.46

2.04

1.81

Japan

5.91

1.81

1.84

U.S.

7.01

5.44

6.52

Total

3.13

2.73

2.42

 

Average Number of Training Hours of Ranking and Gender

Unit: hour / person

 

2019

2020

2021

Section Chief 

and above

Male

34.57

36.86

28.24

Female

31.16

28.74

20.50

Subtotal

33.54

34.54

26.07

Office Clerk

Male

29.55

23.76

26.25

Female

21.27

15.06

14.86

Subtotal

26.34

20.41

22.30

Factory Workers

Male

30.33

23.53

19.69

Female

19.45

19.83

15.09

Subtotal

23.42

21.33

16.80

Total Employees

Male

30.43

24.84

23.74

Female

20.34

18.62

15.27

Subtotal

25.07

21.80

19.37

 

Average Number of Training Days of Ranking and Gender

Unit: day / person

 

2019

2020

2021

Section Chief 

and above

Male

4.32

4.61

3.53

Female

3.90

3.59

2.56

Subtotal

4.19

4.32

3.26

Office Clerk

Male

3.69

2.97

3.28

Female

2.66

1.88

1.86

Subtotal

3.29

2.55

2.79

Factory Workers

Male

3.79

2.94

2.46

Female

2.43

2.48

1.89

Subtotal

2.93

2.67

2.10

Total Employees

Male

3.80

3.11

2.97

Female

2.54

2.33

1.91

Subtotal

3.13

2.73

2.42

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