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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Labor Structure and Recruitment

FENC fortifies labor structure with comprehensive human resources system.

When it comes to human resources, FENC has always believed in finding the right person for the right position and giving employees the opportunity to develop their full potential. The Company puts such conviction to practice with a comprehensive organizational structure and human resources system. Permanent employees hold 92% of the key positions, and the Company offers internal training, job rotation and internal promotion track for top performers, which demonstrate the comprehensive and diverse opportunities for career advancement at FENC.

Human Resources Overview in 2020

 

Human Resources Profile

 

Permanent Employees

Temporary Employees

Total

 

Male (%)

Female (%)

Number

Male (%)

Female (%)

Number

Male (%)

Female (%)

Number

Taiwan

2018

73%

27%

4,393

86%

14%

1,143

75%

25%

5,536

2019

73%

27%

4,371

88%

12%

1,108

76%

24%

5,479

2020

73%

27%

4,162

88%

12%

950

76%

24%

5,112

China

2018

52%

48%

5,934

62%

38%

817

53%

47%

6,751

2019

51%

49%

5,795

57%

43%

543

52%

48%

6,338

2020

54%

46%

4,808

59%

41%

600

54%

46%

5,408

Vietnam

2018

31%

69%

9,910

28%

72%

247

31%

69%

10,157

2019

34%

66%

11,748

36%

64%

136

34%

66%

11,884

2020

33%

67%

9,482

38%

62%

162

33%

67%

9,644

Japan

2018

80%

20%

85

0%

100%

1

79%

21%

86

2019

80%

20%

104

80%

20%

5

80%

20%

109

2020

84%

16%

142

87%

13%

15

84%

16%

157

U.S.

2018

84%

16%

141

83%

17%

6

84%

16%

147

2019

86%

14%

158

50%

50%

4

85%

15%

162

2020

82%

18%

163

100%

0%

2

82%

18%

165

Total

2018

47%

53%

20,463

71%

29%

2,214

49%

51%

22,677

2019

47%

53%

22,176

75%

25%

1,796

49%

51%

23,972

2020

48%

52%

18,757

72%

28%

1,729

50%

50%

20,486

Note:
1. “Non-permanent employees” refers to foreign workers in Taiwan; contract workers or contractors in China; employees under probation in Vietnam; outsourced workers in Japan; temp workers in the U.S.
2. The age cohort does not include non-permanent employees.
3. No part-time workers are employed at any production and business sites.

 

Twenty-five percent of the employees who left the Company in 2020 are retired employees. The overall turnover rate is lower than the average of 15.5% in the manufacturing industry. Bases in China continue to enhance employee retention with a focus on the internal referral system and improving work value. In 2020, the number of employee turnover decreased by over 800 comparing to the previous year, marking a 7% downturn. In Vietnam, the Company has been strong in recruitment performance, meeting labor demand with higher wages and benefits; internal and external recruitment; enhanced work environment. Among the new recruits, 71% are under the age of 30, demonstrating the Company’s efforts in introducing new blood into its work force.

The 2020 turnover rates in Japan and U.S. sites are 5% and 4%, respectively, which are relatively low. By providing comprehensive compensation package, employees are able to attain work-life balance, build team spirit and in turn deliver high performance and output, which is a win-win for both the employer and employee.

In October 2018, FENC grabbed 149th on Forbes’ list of World’s Best Employers. In November 2019, FENC was voted as the recipient of 2019 Happiness Enterprise Award on the recruitment platform, 1111 Job Bank. These recognitions reflect the employee-friendly nature at FENC, making it a top choice for job seekers.

Number and Percentage of New Employees in Last 3 Years

2020

Under 30

Between 31 and 50

Over 50

Total

Male

Female

Subtotal

Male

Female

Subtotal

Male

Female

Subtotal

Taiwan

Number

78

38

116

78

25

103

7

0

7

226

Ratio

20%

28%

22%

5%

4%

4%

1%

0%

1%

5%

China

Number

475

168

643

310

197

507

9

0

9

1,159

Ratio

76%

38%

61%

17%

11%

14%

5%

0%

5%

24%

Vietnam

Number

1,013

1,823

2,836

284

842

1,126

7

3

10

3,972

Ratio

52%

48%

49%

26%

33%

31%

13%

13%

13%

42%

Japan

Number

20

2

22

18

1

19

0

0

0

41

Ratio

59%

33%

55%

24%

7%

21%

0%

0%

0%

29%

U.S.

Number

3

1

4

2

0

2

1

0

1

7

Ratio

17%

100%

21%

4%

0%

3%

2%

0%

1%

4%

Total

Number

1,589

2,032

3,621

692

1,065

1,757

24

3

27

5,405

Ratio

53%

46%

49%

15%

22%

18%

2%

1%

2%

29%

 

2019

Under 30

Between 31 and 50

Over 50

Total

Male

Female

Subtotal

Male

Female

Subtotal

Male

Female

Subtotal

Taiwan

Number

136

54

190

103

32

135

4

0

4

329

Ratio

28%

34%

29%

6%

5%

6%

0%

0%

0%

8%

China

Number

870

577

1,447

475

612

1,087

8

0

8

2,542

Ratio

90%

80%

86%

26%

29%

28%

5%

0%

4%

44%

Vietnam

Number

2,045

3,243

5,288

551

1,215

1,766

17

6

23

7,077

Ratio

75%

65%

68%

45%

45%

45%

27%

22%

26%

60%

Japan

Number

11

1

12

14

4

18

1

0

1

31

Ratio

58%

25%

52%

25%

25%

25%

11%

0%

10%

30%

U.S.

Number

5

0

5

6

4

10

5

2

7

22

Ratio

28%

0%

28%

11%

44%

16%

8%

12%

9%

14%

Total

Number

3,067

3,875

6,942

1,149

1,867

3,016

35

8

43

10,001

Ratio

72%

66%

69%

23%

34%

29%

3%

2%

3%

45%

 

2018

Under 30

Between 31 and 50

Over 50

Total

Male

Female

Subtotal

Male

Female

Subtotal

Male

Female

Subtotal

Taiwan

Number

184

66

250

104

47

151

4

2

6

407

Ratio

35%

44%

37%

6%

7%

7%

0%

1%

0%

9%

China

Number

1,518

767

2,285

645

557

1,202

13

1

14

3,501

Ratio

124%

84%

107%

37%

29%

33%

9%

9%

9%

59%

Vietnam

Number

1,615

3,021

4,636

543

1,102

1,645

27

12

39

6,320

Ratio

76%

63%

67%

63%

54%

56%

55%

48%

53%

64%

Japan

Number

3

2

5

9

2

11

0

0

0

16

Ratio

19%

33%

23%

20%

20%

20%

0%

0%

0%

30%

U.S.

Number

10

0

10

8

5

13

6

1

7

30

Ratio

53%

0%

53%

17%

83%

25%

12%

6%

10%

21%

Total

Number

3,330

3,856

7,186

1,309

1,713

3,022

50

16

66

10,274

Ratio

85%

66%

73%

30%

37%

34%

4%

4%

4%

50%

Note:
1. The number of new employees indicates the number of new permanent employees in an area.
2. The percentage is derived by dividing the number of the new employees of an age group by the total number of employees of the same age group.

 

Number of Employees Who Left the Company and Turnover Rate in Last 3 Years

2020

Under 30

Between 31 and 50

Over 50

Total

Male

Female

Subtotal

Male

Female

Subtotal

Male

Female

Subtotal

Taiwan

Number

66

32

98

105

57

162

119

45

164

424

Ratio

17%

24%

19%

6%

9%

7%

12%

14%

12%

10%

China

Number

572

345

917

523

568

1,091

23

18

41

2,049

Ratio

92%

78%

86%

29%

32%

31%

12%

257%

21%

43%

Vietnam

Number

1,832

2,956

4,788

593

1,439

2,032

17

20

37

6,857

Ratio

94%

77%

83%

54%

57%

56%

31%

83%

47%

72%

Japan

Number

2

2

4

3

0

3

0

0

0

7

Ratio

6%

33%

10%

4%

0%

3%

0%

0%

0%

5%

U.S.

Number

1

0

1

1

0

1

4

0

4

6

Ratio

6%

0%

5%

2%

0%

2%

6%

0%

5%

4%

Total

Number

2,473

3,335

5,808

1,225

2,064

3,289

163

83

246

9,343

Ratio

82%

76%

78%

26%

42%

34%

13%

22%

15%

50%

 

2019

Under 30

Between 31 and 50

Over 50

Total

Male

Female

Subtotal

Male

Female

Subtotal

Male

Female

Subtotal

Taiwan

Number

65

35

100

92

54

146

91

60

151

397

Ratio

13%

22%

15%

5%

8%

6%

9%

17%

11%

9%

China

Number

1,019

631

1,650

594

635

1,229

16

6

22

2,901

Ratio

106%

88%

98%

32%

30%

31%

10%

38%

12%

50%

Vietnam

Number

1,880

3,244

5,124

462

1,200

1,662

12

11

23

6,809

Ratio

69%

65%

66%

37%

45%

42%

19%

41%

26%

58%

Japan

Number

5

1

6

5

0

5

0

0

0

11

Ratio

26%

25%

26%

9%

0%

7%

0%

0%

0%

11%

U.S.

Number

2

0

2

3

0

3

2

1

3

8

Ratio

11%

0%

11%

5%

0%

5%

3%

6%

4%

5%

Total

Number

2,971

3,911

6,882

1,156

1,889

3,045

121

78

199

10,126

Ratio

70%

67%

68%

24%

35%

29%

9%

19%

12%

46%

 

2018

Under 30

Between 31 and 50

Over 50

Total

Male

Female

Subtotal

Male

Female

Subtotal

Male

Female

Subtotal

Taiwan

Number

75

29

104

99

70

169

88

54

142

415

Ratio

14%

19%

15%

6%

10%

7%

9%

14%

10%

9%

China

Number

1,485

835

2,320

667

640

1,307

11

19

30

3,657

Ratio

121%

92%

108%

39%

33%

36%

8%

173%

20%

62%

Vietnam

Number

1,235

2,908

4,143

340

1,170

1,510

22

9

31

5,684

Ratio

58%

61%

60%

40%

57%

52%

45%

36%

42%

57%

Japan

Number

5

0

5

7

0

7

1

0

1

13

Ratio

31%

0%

23%

16%

0%

13%

14%

0%

13%

15%

U.S.

Number

1

0

1

4

0

4

6

0

6

11

Ratio

5%

0%

5%

9%

0%

8%

12%

0%

9%

8%

Total

Number

2,801

3,772

6,573

1,117

1,880

2,997

128

82

210

9,780

Ratio

71%

64%

67%

26%

40%

33%

10%

19%

12%

48%

Note:
1. The number of new employees indicates the number of new permanent employees in an area.
2. The percentage is derived by dividing the number of the new employees of an age group by the total number of employees of the same age group.

 

Percentage of Employees with a Disability

Year

Taiwan

China

Vietnam

Japan

U.S.

2018

1.0%

0.6%

0

0

0

2019

1.0%

0.4%

0

0

0

2020

1.1%

0.4%

0

0

0

Note:The percentage is derived by dividing number of disability permanent employees by number of permanent employees of the same region.

 

Recruitment

FENC is dedicated to creating a friendly workplace to attract top talents. The recruitment policies set forth in the Company do not discriminate based on any personal attributes, and regular meetings are held to ensure compliance with all applicable regulations. An international talent pool is in the pipeline to foster talent acquisition and professional development. The database is meant to be shared among all production sites, which will benefit tremendously as skilled professionals can be strategically deployed among FENC’s international subsidiaries. Stage 1 of the international talent pool is tentatively scheduled to complete in 2021.We will also be implementing aptitude tests tailored to the Far Eastern corporate culture as well as local policies and practices to establish internal talent acquisition database that better assesses the personality profile of local talents.

As digital technology grows prevalent, FENC also utilizes social network and websites to post the latest corporate activities or job openings to attract talents. All business sites use QR Code to interact with domestic and international job candidates. Be it seasoned professional or new graduates, digital applications are bridging the distance between the Company and potential recruits. 

Recruitment Platform for Production and Business Sites

Recruitment Approach

Industry-Academia Internship

FENC offers industry-academia internship. In 2012, the Company launched the Talent Pool Program, providing field opportunities for top-performing students from Yuan Ze University and Oriental Institute of Technology with the corporate internship program. In 2020, the program offered 32 internship positions and recruited 20 students. The practical training helps students grow into exceptional corporate talents. The overseas internship programs, however, have been thrown off course by the COVID-19 pandemic, and therefore temporarily suspended. In Taiwan, where the pandemic has been kept under control, the local internship programs take advantage of corporate synergy and continue to recruit students. The programs provide them with learning opportunities and aims to foster future pillars of the Company.

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