Far Eastern Group wins 23 awards at HR Asia's "Best Employer in Asia" award

        In July, HR Asia, a well-known human resources magazine in Asia, announced the selection list for the "HR Asia Best Companies to Work for in Asia" award. Seven affiliated enterprises under Far Eastern Group, including Far Eastern New Century Corporation, Asia Cement Corporation, Far EasTone Telecommunications, U-Ming Marine Transport, Far Eastern International Bank, FE SOGO Department stores, and Big City Far Eastern Big City Shopping Malls, won a total of seven "Asia's Best Companies to Work for in Asia" awards, as well as five "Diversity, Equity&Inclusion Awards" and six "Diversity, Equity&Inclusion Awards". The Most Caring Company Awards and 5 Sustainable Workplace Awards, totaling 23 awards, have shown exceptional performance.

 

Far Eastern New Century Corporation        

        Far Eastern New Century Corporation has a multicultural team that respects employees of different ages and genders. For employees of different nationalities, we customize meals that cater to local tastes, provide medical team consultation services, and regularly organize exchange activities. This year, in addition to winning the "HR Asia Best Employer Award" for the fourth time, the company also received the "Diversity, Equality, and Inclusion Award", "Workplace Sustainability Award", and "Employee Care Award", a total of four awards, demonstrating its commitment to creating a happy workplace environment. In the future, the company will continue to uphold the spirit of honesty, diligence, simplicity, prudence, and innovation, and move towards the goal of becoming a benchmark enterprise.

        Far Eastern New Century Corporation is Taiwan's first enterprise that spans spinning, weaving, dyeing and finishing, and ready to wear. With 74 years of deep cultivation in the field, it has over 20000 employees worldwide. The company aims to protect the environment, save energy, and reduce carbon emissions. Every year, it recycles 20 billion PET bottles and transforms them into various fabrics. It also collaborates exclusively with Adidas on ocean recycled yarn for anti explosion jerseys and recycled yarn for fabrics. The company has won the Red Dot Design Award. At the same time, Far Eastern New Century Corporation is also a frequent winner of various international sustainability awards, advocating for sustainable environmental protection internally, participating in circular tableware rental programs, replacing paper cups with recycled cups, actively promoting paperless education and training, replacing physical publications with cloud libraries, and deeply promoting recycling awareness in primary schools, promoting the concept of sustainability, and continuously exerting influence.

        In terms of employee care, the company has various communication channels to encourage employees to express their opinions, and regularly holds labor management meetings to review employee rights and benefits; In addition, nutritionists and physical therapists are also arranged to provide colleagues with health knowledge and take care of the health of employees. We also work together with LinkedIn Learning Hahow、Tutor ABC、 Our self-made Far Eastern Group digital learning platform ensures that colleagues are not limited by time and space, and continue to learn and grow independently.

 

Asia Cement Corporation       

        Asia Cement Corporation has won four awards this year, including the "Asia Best Employer Award," "Diversity, Equality, and Inclusion Award," "Employer Care Award," and "Workplace Sustainability Award," once again demonstrating outstanding performance in creating a happy workplace, caring for employees, and practicing sustainability development. K. Y. Lee President pointed out that Asia Cement Corporation has won awards for four consecutive years and four major awards for two consecutive years, demonstrating the company's commitment to promoting diversity, equality, and inclusivity, as well as its commitment to employee care and workplace sustainability development, which has been recognized by the judges. The company will continue to build a friendly workplace environment, allowing colleagues to fully realize their potential and jointly meet the challenges of the new era of AI.

        Each employee has unique value, and Asia Cement Corporation is committed to creating an open and inclusive work environment that does not discriminate based on race, class, language, religion, or nationality. The company's salary and benefits are leading in the industry, including high starting salaries and a complete promotion system, as well as various bonuses to reward employees' excellent performance and energy-saving contributions. It also offers scholarships for children's birth and education, and has implemented the "Employee Trust Shareholding" policy for 26 years. At the same time, it provides other benefits such as injury insurance, travel subsidies, emergency assistance, and various club sponsorships, actively promoting multiple care measures, including flexible commuting, parental leave, and family care measures, to assist employees in achieving a balance between work and life. Through comprehensive care programs, become the biggest pillar of Asia Cement Corporation's workforce.

        Asia Cement Corporation also regards employee dependents as part of the Asia Cement Corporation family, and has specially planned the "Employee Aging ESG Welfare Program" to create a rich aging life for the parents, soon to be retired or retired colleagues of working employees. A dedicated person is arranged to visit and accompany them regularly, and senior life planners with psychological counseling backgrounds are invited to provide consulting services from health, diet to property planning. Through appropriate institutions, every elder can enjoy the most caring care.

        In addition to valuing the diversity and prosperity of DEI, Asia Cement Corporation is also committed to practicing carbon reduction and recycled economy. Every year, it releases a sustainability report, detailing various sustainability performance and achievements, demonstrating its commitment to society and the environment, and hoping to become a sustainable pioneer in the global cement industry.

 

Far EasTone Telecommunication       

        Far EasTone Telecommunications aims to create a 'happy workplace' and has been selected for the 'Asia's Best Corporate Employer Award' for two consecutive years, making it the only telecommunications company in Taiwan to be selected. The scores for the three major indicators of "CORE" (Corporate Culture and Leadership), "SELF" (Sense of Belonging, Work Belief), and "GROUP" (Team Awareness, Work Environment Perception) in this survey are all higher than the market average, indicating that Far EasTone Telecommunication's workplace atmosphere and leadership direction have been highly recognized by employees.

        Far EasTone Telecommunication creates a zero distance workplace through diverse communication channels, committed to becoming the "preferred enterprise for employees". We hope to create a happy enterprise from a caring perspective, and work together with employees for mutual benefit and prosperity. This includes holding quarterly employee conferences, where the President personally shares the company's achievements and direction, builds consensus, and allows employees to interact with senior executives, including the President, through real-time online questioning; Far EasTone Telecommunication also designs a feedback system for subordinates, allowing colleagues to score for supervisors. By valuing the opinions and feelings of subordinates, it helps supervisors improve their leadership and create a harmonious workplace.

        In addition, Far EasTone Telecommunication also takes action to care for employees' families, including providing monthly telecom fee subsidies and preferential plans for their families, launching an employee stock ownership trust plan to subsidize colleagues to purchase company stocks and share business results; In addition, pregnant colleagues and expectant mothers are provided with nutrition funds, childbirth subsidies, as well as maternity leave, paternity leave, and maternity leave that are superior to legal regulations. Considering the family care needs of colleagues, flexible attendance periods and remote work modes have also been introduced, allowing employees to be the masters of their time.

        Far EasTone Telecommunication has recently won the highest honor of "Best Employer Brand" in the 104 Job Bank's "2024 Employer Brand Awards", as well as awards such as the "National Sustainable Citizen Award" and "National Talent Sustainable Award" from Common Wealth Magazine, demonstrating the company's remarkable achievements in creating a happy workplace.

 

U-Ming Marine Transport        

        U-Ming Marine Transport is people-oriented and values talent. It has won the "Best Employer in Asia" award from HR Asia four times, as well as the "Diversity, Equality, and Inclusion Award", "Workplace Sustainability Award", and "Employee Care Award" from the organizers, totaling four awards. The Happy Enterprise has once again received international certification.

        ESG is one of the important missions of U-Ming Marine Transport, and the company has been committed to sustainable operations for many years. It has been listed in the FTSE Emerging Markets Index and Taiwan Sustainability Index as a constant stock. The 2023 Sustainability Report has won the highest honors for the first time - the Platinum Award and the "Taiwan Top 100 Sustainable Model Enterprises Award", and has been selected as one of the "2023 Taiwan Best in Class 100" enterprises by the Taiwan Institute of Directors. In addition, it has also been awarded the "Workplace Sustainable Health and Safety" Outstanding Enterprise Award by the Ministry of Labor Occupational Safety and Health Administration in 2023, as well as the top 10% outstanding enterprises in the "Healthy Labor Sustainable Leading Enterprise" category. It has also announced its participation in the "TALENT, in Taiwan, Taiwan Talent Sustainable Action Alliance" initiative organized by CommonWealth Magazine. At the same time, enthusiasm for public welfare does not fall behind, including planning environmental protection activities, community care actions, valuing gender rights, and promoting diversity and integration.

        U-Ming Marine Transport aims to achieve dual growth goals with a fleet of over 100 vessels and a total load capacity exceeding 10 million tons. The number of employees is bound to grow accordingly, and the company will continue to create a more diverse, equal, and inclusive workplace.

 

Far Eastern International Bank        

        In this evaluation, Far Eastern International Bank outperformed the average of participating companies in terms of organizational culture, employee experience, and teamwork, standing out with outstanding results. Not only did it win the "2024 Asia Best Employer Award" for the fourth time, but it also won the "Best Employer Care Award" in the award again, demonstrating Far Eastern International Bank's emphasis on values such as work balance, diverse communication, and workplace friendliness, and receiving international recognition.

        Far Eastern International Bank adheres to a "people-oriented" corporate culture and is committed to creating a friendly workplace and caring for employees. It has been listed as a constituent stock of the Taiwan High Salary 100 Index for the 11th year this year; In terms of talent cultivation policies, not only has it won the highest human resources award in Taiwan, the "Talent Development Award - Large Enterprise Award," but it has also been awarded the "Gold Medal Certification for Talent Development Quality Management System" by the Ministry of Labor for two consecutive times. To provide a healthy and safe working environment for employees, Far Eastern International Bank will obtain the Ministry of Health and Welfare certification mark for all workplaces in 2023, completing the "Healthy Workplace Full Layout".

        Far Eastern International Bank's award this time demonstrates the bank's outstanding performance in human resource management, which has been highly recognized. We will continue to work together with our employees to build a happy and fulfilling workplace, becoming the most reassuring support for our colleagues.

 

FE SOGO Department stores 

        FE SOGO Department stores is committed to creating a DEI happy workplace and has won the "Asia's Best Corporate Employer Award" for the first time. It has also won the subcategories "Diversity, Equality, and Inclusion Award," "Employer Care Award," and "Workplace Sustainability Award," sweeping four major awards.

        The 2024 "Asia's Best Employer Award" attracted 368 Taiwanese companies to compete, with over 30000 workers participating in a survey, setting a new historical high. Only 92 outstanding companies won the award. Sophia C.W. Huang Chairman stated that the preliminary selection mechanism for awards is anonymous scoring by company employees, including three major indicators: core corporate culture, work experience, and team thinking and action. The scores obtained by FE SOGO Department stores are all much higher than the market average by more than 20%, and higher than the 2023 results, indicating that the company has made progress in improving the working environment and that colleagues feel it.

        FE SOGO Department stores will issue a sustainability declaration and human rights policy in 2023, advocating for DEI to eliminate inequality within the organization, enhance employee satisfaction, and receive the 'Diversity, Equality, and Inclusion Award'. The latest survey shows that over 70% of employees take pride in being a part of FE SOGO Department stores. In addition, ESG is the general education of FE SOGO Department stores. The company designs different courses for employees based on different functions and job levels, such as: new employees need to receive basic knowledge training on sustainability and introductory courses on company sustainability; Supervisors are required to attend a six hour sustainability course annually, following the example of directors listed on the stock exchange.

        On the other hand, FE SOGO Department stores have long focused on the physical and mental development of employees and are committed to creating a happy workplace. In response to the generational talent gap that is at the forefront of the service industry, FE SOGO Department stores has created the industry's best salary and benefits, setting a record for the only department store in Taiwan to increase salaries for three consecutive years. The overall turnover rate and youth turnover rate are both the lowest in the industry. In 2020, a five-year "Vision Engineering Remake" was launched to promote digital transformation, optimize employee experience, and strengthen brand identity. Various measures have shown results, including winning the top ten workplace awards and certification recognition in 2023, and winning the Taipei Labor Safety Award, Taipei Friendly Parenting Business Award, and Area Human Resources Investment Award again in 2024.

 

Big City Far Eastern Big City Shopping Malls        

        Big City Far Eastern Big City Shopping Malls stood out from 368 companies and won the highest recognition of the 2024 "Asia's Best Employer Award" gold medal, as well as the "Employee Care Award", "Diversity, Equality and Inclusion Award" and "Workplace Sustainability Award", totaling four awards. Chairman Li Jingfang stated that the Far Eastern Big City Shopping Malls team is committed to enhancing core values such as workplace safety, employee well-being, and functional development. In just 12 years, it has become the first department store retail enterprise in Taiwan to win a gold award, and this honor belongs to all Far Eastern Big City Shopping Malls employees.

        Far Eastern Big City Shopping Malls listens to the needs of its employees, expands the office, rest, and pantry areas, and strives for workplace safety, cleanliness, and comprehensive health care. It regularly organizes health promotion competitions and activities, flu vaccine administration, and on-site medical services to create a safe and secure working environment, with a particular emphasis on equality and respect. In addition to maintaining a gender difference of less than 5%, it also increases the employment rate of middle-aged and elderly employees, and hires twice as many people with disabilities as required by regulations. At the same time, it offers yoga courses, free women's cancer screening, and pregnancy occupational health education for female employees, all of which have received positive feedback from its employees.

        In addition, Far Eastern Big City Shopping Malls has planned a comprehensive promotion and salary adjustment system, as well as welfare measures that are superior to those in the industry. It has also promoted a "diversified talent cultivation program", resulting in a 2.5% increase in training costs over several years, which is higher than the industry average; In response to the trend of digital transformation, we fully subsidize colleagues to receive internal and external training, and encourage colleagues and supplier partners to actively participate in public welfare activities. Given the rapidly changing global situation and changes in the retail industry, Far Eastern Big City Shopping Malls has effectively addressed the high turnover rate of department store retail service personnel. Faced with the repeated outbreaks of the epidemic, Far Eastern Big City Shopping Malls has not only never implemented unpaid leave, but also provided epidemic prevention and reassurance bonuses, established healthy eating and workplace medical consultation LINE groups, making it convenient for colleagues to consult. At the same time, regular work environment inspections have been carried out, and certifications such as "Excellent Indoor Air Quality Place" and "Excellent Fire Prevention Management Measures Place" have been obtained, as well as recognition from the Ministry of Health and Welfare's "Outstanding Health Workplace - Vitality Leap Award".

        Far Eastern Big City Shopping Malls' solid achievements in employee workplace environment and talent cultivation have been highly recognized by the judging panel. It has passed HR Asia audit and anonymous interviews for five consecutive years, not only receiving high feedback from employees, but also achieving interview results far better than the average level of its peers in Asia.

        #