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09.2023 Honor and Personnel Change

Happy Enterprise Grand Slam! Far Eastern Group won 19 awards at the "2023 Asia Best Corporate Employer Award"

Far Eastern Magazine / Editorial Room
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870c01        On July 20th, the "2023 Asia Best Corporate Employer Award" was announced, with 8 companies including Far Eastern New Century Corporation, Asia Cement Corporation, U-Ming Marine Transport, Far EastTone Telecommunications, Far Eastern International Bank, FE SOGO Department stores, Big City Far Eastern Big City Shopping Malls, and Far Eastern Polytex (Vietnam), A total of 19 awards were swept, including 8 largest awards, the "Asia Best Corporate Employer Award", and 11 category awards, marking the next city in the group's ESG landscape. It is worth mentioning that Far Eastern Polytex (Vietnam) is not only the first overseas enterprise of the group to receive this award, but also the only Taiwanese funded enterprise in Vietnam to receive it.

        The HR Asia Best Companies to Work for in Asia award is organized by the authoritative Asian human resources magazine "HR Asia" and rigorously selected from three aspects: organizational culture, employee experience, and teamwork. It is complemented by in-depth evaluation of corporate reports and employee questionnaires, making it one of the most indicative awards in the field of human resources management in Asia.

        870c0102        Far Eastern New Century Corporation: won three consecutive years of awards and has won four major awards this year

        Far Eastern New Century Corporation has not only won this honor for the third consecutive year, but has also won four awards for HR diversity, including "Digital Transformation", "Diversity Inclusion", and "Employee Care".

        Far Eastern New Century Corporation actively cultivates talents, with an internal promotion rate of 97%. In the past decade, the number of female supervisors has increased by 66%, demonstrating the value of equality and diversity. In terms of employee identification, over one-third of new hires are recommended by in-service employees, demonstrating the trust and recognition of colleagues towards the company. This award proves that the company has been highly recognized for its organizational flexibility, trust, communication, and clear development. In the future, it will continue to expand its overseas operations and become a world-class leader in polyester and textile materials.

        Faced with a rapidly changing environment, digital transformation has become a key development project for enterprises. In addition to actively investing in digital platforms, Far Eastern New Century Corporation has also promoted multiple digital transformation projects and improved operational efficiency and employee efficiency through system digitization, enhancing competitiveness. At the same time, we will continue to create an equal, open, and diverse work environment, including completing the signing of the "Zero Pay Policy Commitment Statement for Migrant Workers", promoting global rotation, and creating a friendly workplace for the middle-aged and elderly, creating a diverse and inclusive workplace.

        In order to hear employees' voices more immediately and respond quickly, Far Eastern New Century Corporation regularly holds labor meetings to review employees' rights and benefits. Employees can also speak through internal channels such as opinion mailboxes and 24-hour multilingual appeal mechanisms. This year, under the signing of Douglas Hsu, it actively promotes human rights policies. In the future, we will maintain the corporate spirit of "honesty, diligence, simplicity, prudence, and innovation", continue to pursue excellence, and move towards a model and benchmark enterprise.

        Asia Cement Corporation: The benchmark of a happy enterprise won the "Best Employer in Asia" four awards

        Asia Cement Corporation has surpassed its past achievements this year and won a Grand Slam. In addition to being awarded the largest award, the "Best Corporate Employer in Asia", it has also won the "Diversity Award", "Digital Transformation Award", and "Best Care Award". K. Y. Lee President stated that winning awards for three consecutive years is not only a glorious imprint of the people of Asia Cement Corporation, but also a recognition of the company's culture from all walks of life. In the future, we will continue to build a positive, flexible, and friendly workplace environment, allowing all colleagues to unleash their potential, create value, and jointly face the challenges and opportunities of the new era.

        Asia Cement Corporation emphasizes that each employee comes from a different background, holds different perspectives, and has unique values. The company is committed to creating an open and inclusive work environment, allowing colleagues to not be treated differently based on race, class, language, religion, or nationality. It also provides superior compensation and benefits, and establishes bonus systems for different projects based on factors such as employee performance and overall company profitability, In addition, there are also awards and scholarships for children's birth and education, with the implementation of "employee trust shareholding" for 25 years. In addition, travel subsidies and various club sponsorships allow all members of Asia Cement Corporation to feel the company's dedication.

        Asia Cement Corporation is not limited to traditional industry stereotypes. In recent years, it has undergone digital transformation from on-site safety management to cement product delivery, and has become the front line of intelligent factories in the cement industry; The talent recruitment process also introduces digital technology to improve efficiency through Big Data analysis and management. In the future, we will continue to invest in AI artificial intelligence, implement talent cultivation, and lead research and innovation in the cement industry.

        U-Ming Marine Transport: won four consecutive awards at the Asia Best Corporate Employer Award

        U-Ming Marine Transport won the "Best Corporate Employer in Asia" award this year, as well as the "Diversity, Equality, and Inclusion Award", "Digital Transformation Award", and "Employee Care Award", totaling four awards, which also provide the best interpretation of the brand image of a happy enterprise.

        According to the evaluation results, U-Ming Marine Transport has received high recognition in all aspects, and the satisfaction of colleagues is far superior to the industry average. U-Ming Marine Transport regards office staff and fleet crew as its core assets and is committed to providing support and assistance in various aspects such as welfare, training, development, and physical and mental health, including the introduction of the EAP employee care system and the provision of 24-hour anonymous professional psychological counseling services; Each crew member can have free internet access to contact their family during their work on the ship; The fleet has established a 24-hour, year-round emergency medical and psychological counseling service with Far Eastern Memorial Hospital. In order to strengthen the digitization of management, the "Fleet Safety Management System" (FSM) has been specially developed, and has successively received recognition from ClassNK and MPA Innovation and Maritime Safety Awards.

        U-Ming Marine Transport supports gender equality, equal pay for equal work, implements corporate responsibility and governance spirit, practices public welfare, and values occupational safety and human rights. It advocates for fair transformation and achieves social integration. Adhering to the concept of "taking from society and applying to society", we regard corporate social responsibility as one of the core values of the company and promote various ESG public welfare activities. In the future, the company and human resources units will continue to improve their sustainable business capabilities, cultivate multi-dimensional talents, and integrate various sustainable concepts into talent development actions.

        Far EasTone Telecommunications: Evaluation Exceeds Market Average Performance

        Far EasTone Telecommunications holds the top spot with outstanding evaluation results and has been awarded the "Best Corporate Employer in Asia" award this year. The company's scores on six core indicators, including "corporate core culture", "employee self-awareness", "diverse co prosperity", "digitalization of the enterprise", "employee care", and "team communication and collaboration", are all higher than the industry average. Among them, the performance of the top five items is more than 20% higher than the average score, receiving high recognition from employees.

        Far EasTone Telecommunications is committed to establishing an equal, excellent welfare, and diverse work environment, becoming the "preferred enterprise for employees". It includes building an equal and transparent corporate culture, holding quarterly employee communication conferences, and combining live streaming and online interactive platforms, allowing each employee to personally ask questions to senior executives, promoting mutual understanding and trust. In recent years, we have further promoted the "subordinate feedback mechanism" and opened up employee ratings for subordinates.

        On the other hand, Far EasTone Telecommunications has also continued to increase various employee benefits. In addition to providing maternity benefits, it also increases the number of days of maternity leave, maternity leave, paternity and paternity leave, as well as the monthly NTD2000 "expectant mother nutrition allowance". It also assists employees in traveling, invites colleagues and family members to travel together, or participates in the company's parent-child visit day, to enhance parent-child relationships. On the premise of not affecting business, we also promote "work from home and far away", allowing employees to balance family and workplace responsibilities. In recent years, we have actively implemented internal transfer mechanisms and issued biweekly internal job vacancy announcements to encourage diverse development among colleagues.

                Far Eastern International Bank: Best Corporate Employer Triple Winner of Care Award

        Far Eastern International Bank adheres to a people-oriented corporate culture and aims to create a happy workplace where employees and the company share their achievements. This year, it once again defeated many competitors and won the "Best Corporate Employer Award in Asia" for the third time. It also won the "Best Corporate Employer Care Award" specially awarded by HR Asia.

        The results of all evaluation projects of Far Eastern International Bank in 2023 were better than last year's performance, winning by surpassing the performance of Taiwan's financial industry. Among them, the score of "employee experience" is far ahead of the group. Excellent performance comes from diverse and superior welfare measures compared to laws and regulations. In addition to providing a competitive salary system, it also takes into account the needs of every employee, providing mechanisms such as flexible daily commuting, hybrid work, and working from home, allowing employees to achieve a "Work Life Balance" at the most suitable work pace. In addition, Far Eastern International Bank has improved its talent cultivation policies and has won two consecutive gold medal certifications in the Ministry of Labor Talent Development Quality Management System (TTQS) and the highest human resources awards such as the National Talent Development Award - Large Enterprise Award.

        In the future, Far Eastern International Bank will continue to build a happy workplace, serving as the strongest and powerful support for employees, and creating a win-win situation together.

        FE SOGO Department stores: First time participating and receiving a grand prize recognition

        feavhrasiav2        FE SOGO Department stores made their debut in the competition, standing out from over 300 participating companies in Taiwan. Their employee satisfaction survey scores in the three major aspects of "corporate culture", "personal motivation", and "group centripetal force" were far higher than the market average. Sophia C.W. Huang Chairman stated that the company's routine health check ups, employee travel subsidies, and measures such as reducing working hours for childcare by 80% salary are not only superior to laws, but also make it difficult for many listed companies to keep up with them.

        At present, various industries are facing a shortage crisis, which is even more challenging for the service industry. FE SOGO Department stores did not reduce employee benefits during the epidemic, and became the first department store to provide vaccine rewards. They also promoted paid epidemic prevention leave that was better than the law, and simultaneously distributed condolences to colleagues and counter partners diagnosed and quarantined. After the epidemic, efforts were made to strengthen the protection of rights and interests, and various talent care and training measures were continuously implemented. For two consecutive years, employees were encouraged to receive a comprehensive salary increase of over 4%, with the salary increase being the highest among chain department stores. In addition, specific measures such as a gender fair salary system, better maternal care than the law, and continuous promotion of TTQS talent development and quality management system evaluation have been planned. Colleagues have also been invited to participate in the planning policies to strengthen their recognition of the company's sustainable actions.

        Big City Far Eastern Big City Shopping Malls: The industry's only winner for 4 consecutive years

        Big City Far Eastern Big City Shopping Malls has won the top spot with five major employee recognition policies, namely "safe and healthy workplace", "equal respect for the environment", "reasonable salary and characteristic benefits", "diversified talent cultivation program", and "public welfare participation and employee co prosperity". It is also the only company to have won the "Asia Best Enterprise Employer Award" for four consecutive years. At the same time, adhering to the spirit of putting people first, we have promoted the three goals of "Big Health, Big Happiness, and Big Development" and won the "WeCare Best Employee Care Award", becoming the only department store retail enterprise in Taiwan to receive two awards.

        In June of this year, Big City Far Eastern Big City Shopping Malls won the 13th Area Asia Responsible Entrepreneurship Awards for Social Welfare Development, and within a month, they successively received the highest internationally recognized awards, highlighting the team's long-term commitment to various public welfare activities and deepening CSR's sustainable influence. In terms of safety and health in the workplace, we spare no effort in handling employee physical examinations, influenza vaccine administration, and on-site medical services; In addition, a comprehensive promotion and salary adjustment system has been established, supplemented by overseas research and self-development training subsidies, to encourage colleagues and supplier partners to actively participate in various types of public welfare activities. Li Jingfang Chairman stated that employees are an important asset of a company and the most critical partner for sustainable operation. Along the way, the company has listened attentively to needs, understood evaluations from all parties, and implemented its mission of caring for employees and working together to give back to society.

        Far Eastern Polytex (Vietnam): Recognized as the Best Corporate Employer in Asia by HR Asia

                Far Eastern Polytex (Vietnam) (Vietnam) is committed to establishing a friendly workplace to attract and retain talents through a series of projects to improve personnel systems, create training systems, and establish a diverse and inclusive culture. The results of this year's employee engagement survey lead the Vietnamese industry by an average of 7-14%, making it the first overseas enterprise of the group to receive the "Best Corporate Employer Award in Asia".

        As the second award-winning Taiwanese funded enterprise in Vietnam, in addition to showcasing the company's emphasis on HR, it also represents the company's commitment to deep cultivation in Vietnam and sustainable local operations. During the epidemic, actively maintain the health of colleagues, provide sufficient rapid screening reagents, masks, and vaccines, and ensure that colleagues work with peace of mind; To improve the social status of female colleagues, HER PROJECT was launched to promote knowledge on contraception, finance, health, and parenting; In addition, a learning map has been established to assist colleagues in arranging career development. For outstanding colleagues, there are also plans for training in Taiwan and attending Far Eastern Union Chemical Corporation seminars.

        In the future, Far Eastern Polytex (Vietnam) will continue to listen to colleagues' needs, create a friendly workplace, and carry out sustainable activities to cultivate human capital and build talent sustainability.

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