TALENT

Talent An Attractive Employer for Professional Talents

Talent is the keystone of Nanya's innovation. The Company attaches great importance to human rights, diversity and inclusion, and talent development, and maintains competitive advantages through talent retention and cultivation. We continue to collect employees' opinions, value workplace safety and create a friendly workplace where employees can feel at ease, in order to achieve sustainable operation.

  • Numbers of semiconductor youth talents increase 64 %
  • Numbers of employees been fully trained 178,000
  • Voluntary turnover rate continuously decline by 4.58 %

Strategy and Performance of Material Topics

2023 Performance

Human Rights

  • No major deficiencies are found in external audits or labor inspections (Goal: No major deficiencies)
  • Workplace violence: 2 cases (Goal: 0)
  • Employees labor ethics educational training completion rate

Talent Cultivation and Development

  • Annual planned course completion rate: 122.7% (Goal≧100%)
  • Key talent percentage of all employees: 6.3% (Goal≧5.7%)
  • Internal employee substitution rate for job openings: 65.8% (Goal:≧65%)
  • TCSA Talent Development Leader Award (Goal: TTQS Golden Award)

Talent Retention and Employee Care

  • Retention rate of key talent: 98% (Goal≧98%)
  • Voluntary turnover rate: 4.58% (Goal≦6%)
  • Employee Engagement Survey reached the average approval rate: 75.3% (Goal≧75%)

Occupational Health and Safety

  • Frequency of disabling injuries: 0.41 (Goal: <0.19)
  • Severity of disabling injuries: 18 (Goal: <6.5)
  • In-plant self-inspection rate: 95.2% (Goal: > 93.9%)
  • 1,215 cases of proposals engaging all employees for safety and health (Goal: 1,150 cases)
  • Occupational diseases caused by chemical exposures maintained at 0 cases (Goal: 0 case)

2024 Goals

Human Rights

  • No major deficiencies are found in external audits or labor inspections
  • Workplace violence: 0 cases
  • Employees' educational training on labor ethics completion rate: 100%

Talent Cultivation and Development

  • Annual planned course completion rate≧100%
  • Key talent percentage of all employees≧6.0%
  • Internal employee substitution rate for job openings≧65%
  • Received the TCSA Talent Development Leader Award

Talent Retention and Employee Care

  • Retention rate of key talent≧98%
  • Voluntary turnover rate≦6%
  • Employee Engagement Survey reached the average approval rate≧76%

Occupational Health and Safety

  • Frequency of disabling injuries <0.18
  • Severity of disabling injuries <6.2
  • In-plant self-inspection rate >93.9%
  • Cases of proposals engaging all employees for safety and health>1440 cases
  • Occupational diseases caused by chemical exposures maintained at 0 cases

Strategy

Human Rights

  • Regulatory compliance: Comply with international human rights standards and apply relevant policies and standards in practice
  • Protect equality: Build workplace equality by establishing risk management and precautionary measures as well as designing diversified communication and complaint channels

Talent Cultivation and Development

  • Improvement of professional skills: Establish yearly training development plans based on the Company's strategy; plan diversified learning courses and channels
  • Training of key talents Strengthen the training of key talents and the proportion of key talents
  • Individual development Establish independent learning and employee personal development mechanisms to increase the internal employee substitution rate for job openings

Talent Retention and Employee Care

  • Manpower stabilization: Implement talent retention plans to stabilize outstanding employees and increase the retention rate of key talents

Occupational Health and Safety

  • Early diagnosis and early improvement Continuous PDCA improvements for the occupational health and safety system
  • Safety culture Build employees' safety awareness and establish a high-quality safety culture
  • Cross-inspection Cross-inspection by internal and external institutions to strengthen independent inspections

Attracting and Retaining Talent

Employees are not only the most important capital to Nanya, but also the key to supporting sustainable operations and innovative R&D within the Company. We strive to create a humane and comfortable office environment where new employees are subjected to systematic training and have access to diverse learning resources to help them quickly accumulate professional knowledge and skills for the semiconductor industry, and receive reasonable compensations in return. The Company also has an Employee Welfare Committee that organizes exciting and interesting recreation activities on a yearly basis to maintain employees' work-life balance as well as physical and mental well-being, and create a sustainably healthy workplace. We believe a competitive and stable workforce to be essential for improving the productivity and competitive advantage of the Company. We continue to design and provide an environment where talents may thrive. Through talent cultivation, we strive to become the best employer that looks after talents.

  • Diversified recruitment policy

    Since Nanya has business operations based in Taiwan and overseas, the nationalities of the Company's employees are quite diverse. In addition to Taiwanese staff, employees of the following 15 nationalities were also hired in 2023. Our employees form an internationally diversified workplace. In descending order, the top five nationalities of foreign managers were American, Japanese, German, Chinese, and Indonesian.Nanya also supports the government's policies of hiring people with disabilities as part of its workplace friendly diversity initiative. As of December 2023, Nanya hired a total of 40 employees with disabilities into Taiwan operations, which represented 1.13% of total employees. We continue to work towards hiring more people with disabilities and provide appropriate job positions. Through increasing job opportunities for people with disabilities, we intend to build a diversity-friendly workplace.

  • Stable workforce

    The semiconductor industry is both capital and technology intensive. It not only involves multi-billion-dollar plants and manufacturing equipment, but also requires a substantial number of outstanding engineering talents to join the production team of Nanya.. As of 2023, the Company has a total of 3,647 permanent employees in Taiwan and in overseas subsidiaries. Formal male employees totaled 2,634 (accounting for 72.2%), whereas formal female employees totaled 1,013 (accounting for 27.8%). Overall, the Company has a competitive, healthy and growing talent base to support development of innovative production procedures, technologies and products. In 2023, Nanya had 31 female mid-level and senior managers, accounting for 12.02%. The number is increasing year by year and is expected to reach 13% by 2025. The average age of the Company's employees was 38.33 years old. The majority of employees was in the 30-50 year old age group. Most employees had a bachelor's or master's degree. All formal and informal employees are directly hired by the Company. The Company did not hire any part-time staff in 2023 and 100% of its employees worked on a full-time basis.

  • Attracting top talents

    A total of 286 people were hired in Taiwan in 2023, and approximately NT$490,000 was invested in recruitment; the recruitment cost per employee is NT$1,725. We currently have diverse recruitment channels and continue to post online recruitment advertisements, make internal recommendations, and place talent recruitment information on the Company's (official) social media platform to increase the company's exposure. We strengthened cooperation with the industry and schools, targeting current students, strengthening professional skills and practical capabilities, and recruiting outstanding students in advance to overcome the recruitment dilemma. Talent recruitment activities in colleges and universities are based on the theme "You be the Leader of the Future." We went into campuses to interact, communicate, and hold discussions with young students, encouraging young students who are interested in the technology industry to dare to dream and pursue their dreams, and work together to contribute to the development of Taiwan's semiconductor industry.

Talent Retention

Enhanced work security

In response to changes in the industry and challenges in the business environment, the Company continues to not only push for fairness and reasonableness in various operations, but also prioritize the work rights and interests of employees. Under the human resource coordination system of the Formosa Plastics Group, employees are transferred first before they are made redundant. In order to motivate employees to achieve organizational goals and retain outstanding talents, the Company uses a quarterly incentive system to not only encourage employees to actively reach for business goals, but also share company profit. The voluntary turnover rate in 2023 was 4.58% (the male to female ratio of those who resigned is approximately 3.66: 1). Compared to the voluntary turnover rate of 4.74% in 2020, there was a 4.22% decrease in 2023 due to the overall industry environment and market situation lowering the intention of employees to resign. The Company adjusted the starting salary of unexperienced new recruits, made an annual salary adjustment for all managers and employees, and made structural adjustments to the salaries of special departments and specialists in July 2023 to stabilize its manpower. This allows employees to work in a happy and safe environment.

Attractive compensations

The Company's compensation and welfare systems have been developed through local salary surveys and discussions with regional salary associations, after taking into account factors such as industry competitiveness, macroeconomics, corporate culture and business sustainability. Monthly salary include base salary, food/transportation/region-based allowance, operational allowance, and efficiency bonus. We also offer additional bonusesand variable compensations based on employees' individual performance and accomplishment of organizational goals (or profitability), and in doing so, we reward employees for their excellent performance and share with them the profits we make as a group, regardless of their gender. In 2023, the average salary of non-managerial full-time employees was NT$1,220,000, a 23 % decrease compared to 2022. The median salary of non-managerial full-time employees was NT$1,054,000.

Terms of compensation that enhance talent retention

  • Strong competitiveness of the Company's compensations
    • Nanya is a composition of Taiwan High Compensation 100 Index, indicating the strong competitiveness of the Company's compensations
  • Bonus
    • Year-end bonus
    • Festive bonus
    • Dragon Boat Festival/Mid-autumn diligence bonus
    • Grade bonus
  • Long-term incentives
    • Employee remuneration
    • Employee stock option certificates
    • Incentive bonus
    • Annual salary adjustments

Employee Engagement Survey

Nanya conducts an organization-wide Employee Engagement Survey annually to gain insight into employees' level of approval towards the Company on several aspects, including work, management, and organizational vision. This survey used 28 questions to collect employees' opinions on 6 aspects. The response rate in 2023 was 93.4%, and the average approval rate of employees was 75.3%, a slight decrease of 0.9% from 76.2% in 2022.

  • Nanya conducts an organization-wide Annual Employee Engagement Survey
  • The response rate in Employee Engagement Survey in 2023 93.4 %
  • The average approval rate of employees 75.3 %

Talent Cultivation

Comprehensive Talent Cultivation and Development

  • Co-learning Gathering - We Together.We Learn.We Grow

    After the talent cultivation project's theme of [Co-learning Gathering – We Together.We Learn.We Grow in 2021, the theme of our 2022 talent cultivation action plan was [Work Together, Learn Together, Grow Together] In 2023, the theme of Co-learning Gathering integrated [Work Together, Learn Together, Grow Together] into We+, strengthening the connection between core values of teamwork, independent learning and continued development, and knowledge, skills and professional capabilities, returning to the concept of "people oriented." This meets the needs of employees for self-learning and self-development, stimulate employees' learning willingness and potential, and improves employee development channels, giving employees more room for growth, while building long-term and effective incentives for talents.

Diverse learning paths

Nanya has planned diverse learning channels and a complete environment for talent cultivation, life-long learning, and employees' individual development plans, in order to satisfy employees' needs for diversified learning.

W.A.K.E. Friendly Workplace

Nanya provided salaries that are competitive for the industry, and promotes the Employee Assistance Program. It is combined with WAKE Up actions-a full range of employee benefit measures based on the themes of "wellness", "assistance", "kindness", "exercise". We hope to achieve the goal of creating a group of joyful technology talents through building a happy workplace.

  • Wellness

    The Company works with a medical team at Chang Gung Hospital to provide more frequent employee health examinations than required by law. A health center is set up in fabs with nurses compliant with regulations, and doctors are also stationed in fabs.

  • Assistance

    To provide employees with a friendly and convenient work environment, the Company planned meals, accommodations, shuttle buses, and parking lots. The Company also has an Employee Welfare Committee available to arrange diverse benefits and activities for employees. In 2023, a total of 5,176 people participated in various activities organized by the Employee Welfare Committee.

  • Kindness

    To help new recruits adapt to the new workplace as quickly as possible, a counselor is made available to offer regular assistance, counseling, and guidance services to new employees who have joined the Company for less than two years, those who have taken the initiative to ask for help, referrals from supervisors, and employees who have taken long sick leaves. The goal is to reduce employees' feeling of insecurity caused by being in a new environment and help them integrate into the Company as quickly as possible. Furthermore, we brought in the professional counseling institution "Teacher Chang Foundation." in 2019 to accompany employees in using scientific methods to determine the underlying cause when they find themselves in a dilemma, stabilizing employees' work quality as well as physical and mental wellbeing.

  • Exercise

    The multi-purpose sports and recreation center includes air track, basketball court, badminton court, KTV, pool table, table tennis, aerobics room, massage chair, and fitness equipment. Nanya organizes a variety of events to promote sports for the mental-physical balance of employees. We organized a series of "Sports Festival" activities in 2019. Departments and clubs submitted creative proposals to utilize sports venues and facilities for sports promotion, creative thinking, and creating a more lively atmosphere in the Company.

Employee Protection and Communication

The Company has diverse, open and transparent communication channels in place to maintain harmonic employment relation, facilitate labor-management collaboration and improve workers' benefits. These communication channels not only enable employees to express opinions on various issues concerning health, safety, benefits and basic work conditions, but also allow the Company to take initiative in learning employees' thoughts and address problems in a timely manner. The Company also has complaint mailbox, whistleblower hotline and sexual harassment prevention hotline available for reporting illegal matters, and any opinions concerning corporate policies may be raised using the "Management System Improvement Opinion Form". Employees are entitled to communicate openly and thoroughly with the management about work-related or personal affairs, terms of employment, salary, benefits and personal opinions through the following channels:

  • Meetings
    • Regular convention of employee meetings
    • Administration contact window forum
    • Production line workers' quarterly meetings
    • Unscheduled department meetings
  • Two-way communication platforms
    • Life Space
    • Feedbacks and opinions
    • Epidemic prevention mailbox
  • Electronic survey
    • Satisfaction with catering service
    • Satisfaction with activities
    • Employee Engagement Survey

Zero Tolerance of Harassment and Discrimination

Employee Human Rights Protection

Nanya places great emphasis on employees' rights and has formulated the Human Rights Policy and Labor and Ethics Policy. The Company complies with relevant international human rights standards, the behavioral guidelines of Responsible Business Alliance (RBA), Social Accountability 8000 Standard (SA8000), International Labour Organization (ILO), The Universal Declaration of Human Rights, The UN Guiding Principles on Business and Human Rights, General Data Protection Regulation (GDPR) and local government regulations. By implementing human rights risk assessment and management, the Company hopes to create an inclusive and diversity-friendly workplace.

Occupational Health and Safety

Safe, Healthy Work Environment

All operating locations of Nanya have obtained ISO 45001 Management System certification and are committed to providing employees with a safe, healthy and high-quality workplace, while maintaining the safety of contractors. Nanya established the EHS Management Manual to provide a safe, healthy, and high-quality work environment to all workers at the Company, so that all workers of the Company have the ability to recognize hazards and prevent occupational accidents when engaging business activities, in hopes of achieving zero occupational injuries and zero occupational disease.

Achievement in 2023

  • Provided safety and health training 1,818 participants
  • Held emergency respond drills Strengthen response ability 56 drills
  • Suggested operational behavior safety improvement 40 suggestions

Consultation and communication between safety and health organizations and workers

Nanya places great importance on occupational safety and health. Occupational safety and health committee meetings are held every month at a regularity higher than what is required by the law. Each meeting is directed by the executive vice president, while the process is participated by senior managers, department heads, and committee members. Labor representatives make up 41.7% of the committee members. They jointly review the achievement statuses of various safety and health management goals, accident investigations, and the performance of safety and health projects. To strengthen communication on health and safety issues, in addition to existing channels of the Company (e.g. opinion box on the homepage), each department has appointed dedicated personnel to collect inquiries from employees, matters requiring communication, and proposals through department meetings, SWAT, and the Safety &Environment Event Tracking System (SETS). The personnel directly contact, receive information from, respond to, and consult the Safety and Health Division, establishing smooth channels for safety and health management and communication. The safety and health department scheduled 38 internal audits in 2023, and issued a total of 24 CARs, including incomplete forms. The deficiencies were corrected within the prescribed time limit, and internal audits allowed for two-way communication.

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