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96.9 %
Training
The actual achievement rate of training programs (including the E-Learning system).
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95 %
Satisfaction
The satisfaction rate for annual training courses.
Talent Nurturing and Development |
PSMC spares no effort in creating a comprehensive learning environment for employees by providing a variety of training courses and multiple learning channels as well as systematic training programs to help employees acquire the professional knowledge and skills needed for their work. At the same time,the Company also encourages employees to maintain a habit of self-directed learning after work by establishing online learning resources, providing subsidies for statutory professional license examinations and on-the-job training courses, and other support measures to create a work environment for continuous learning and progress and to inspire employees' potential.
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Educational Training Framework |
PSMC has formulated its Procedures for Employee Education & Training in which the PDCA methodology has been introduced. By following the PDCA principles, each department's managerial personnel must develop next year's education and training plan by the end of each year based on comprehensive consideration of the Company's vision and business philosophy, medium-/long-term business strategies, and individual unit's training needs. The Human Resources Division, as an implementation unit, is responsible for organizing a variety of in-person and online education and training activities, keeping track of employees' training participation status, and recording feedback from course participants to continuously improve educational training programs' contents.
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The education and training system is centered around the three core areas of “New Employee Orientation Training”, “Functional Training”, and “Knowledge Inspiration”, in connection with two major categories of training contents for “new associates” and “on-the-job associates〞. In order to reduce the adjustment period for new employees, the training content mainly focuses on constructing the basic knowledge of semiconductors, and assisting employees to quickly integrate into the company's operation system and culture through on-the-job training (OJT). In order to meet the company's core philosophy of continuous learning for employees, the vocational training area is divided into three categories: professional, management and general education. Based on the employee's academic background, work style and professional functions, the supervisor and the employee jointly plan and formulate course combinations for different career stages to provide the most timely and appropriate training assistance programs to inspire the employee's long-term goal of lifelong learning and self-development.
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Educational Training Content |
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Target |
Category |
Course Content |
New associates |
Onboarding Training |
Assist employees to understand the company's quality, environmental safety, information security and other regulations and policies, as well as company regulations, benefits and rights that are relevant to them. |
Professional Basics |
All colleagues are trained to have basic knowledge of semiconductor basic technology, intellectual property rights and relevant business knowledge. |
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On the Job Training (OJT) |
The head of each department will design the training contents for the new employees in line with their duties, and the departments will evaluate the training to ensure that the employees can quickly grasp the key points of the business. |
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On-the-Job Associates |
Professionals |
Provide professional courses in operation technology and administration to improve the professional skills of our staff. |
Managerial |
Provide stage by stage management skills refinement for management/succession to nurture excellent managers and successors. |
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General Competency |
Provide courses including presentation skills, problem-solving skills, time management, etc. to cultivate soft skills. |
Flexible and Diverse Learning Formats |
In order to improve learning willingness and effectiveness, PSMC integrates internal and external training resources of the company and plans a dedicated training website, so that colleagues can master the most up-to-date professional knowledge, regulatory changes and the company's latest decisions through more flexible learning models, multiple channels and other information, etc.. PSMC also uses the online learning platform to grasp the learning status of colleagues in real time and provide timely guidance and support.
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Employee Welfare and Rights |
PSMC is committed to providing employees with a LOHAS (“lifestyles of health and sustainability”) work environment. By upholding the principles of benefits, fun, and health, the Human Resources Division and Employee Welfare Committee (below, the Welfare Committee) has developed comprehensive employee benefits systems to provide employees with diverse welfare facilities and activities for employees to enjoy a lifestyle full of creativity and energy both at work and in leisure time. In addition to the basic benefits of gift vouchers for three major festivals and birthday, the Company also provides marriage & baby allowances, hospitalization subsidies, children's scholarships, and other thoughtful subsidies/allowances of different amounts. Moreover, to promote work-life balance, there are diversified employee clubs and a variety of courses for employees to choose, through which employees can expand their social networks, cultivate hobbies, enhance physical fitness, and build connections with more people. Besides, all-embracing activities such as theater appreciation, arts and cultural activities, Family Day, brisk walking, festive (e.g. Christmas) activities, etc. are also frequently held to extend the Company's care to employees' family, thereby creating a sense of belonging among members of the whole PSMC family.
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Salary System |
PSMC's compensation system is based on the principles of fairness and reasonableness, and provides competitive compensation packages, including base salary, allowances, employee cash bonuses, and employee rewards, as well as an incentive bonus plan based on performance and job responsibilities, regardless of race, management level, language, religion, political affiliation, marital status, nationality, place of birth, gender, sexual orientation, age, or group affiliation. PSMC's compensation and benefits system is formulated by the Compensation Committee, taking into account factors such as the Company's operational performance, industry development trends, the overall economy, and sustainable corporate development. The compensation plan is reviewed and adjusted annually on a rolling basis, and distribution recommendations are prepared and submitted to the Board of Directors for consideration to ensure that the Company's overall compensation structure remains competitive in the industry.
In addition to fixed remuneration such as base salary and allowances, PSMC also provides employee incentive bonuses, retention bonuses and employee stock option certificates and other variable remuneration. In 2023, PSMC passed the employee stock subscription plan approved by the supervisory authority. The plan will be released in 2024. The amount of variable remuneration is determined based on individual performance, the company's profit for the year and unit target achievement rate, and does not differ based on gender. PSMC rewards employees for their excellent performance and shares operating results, and encourages colleagues to actively strive for performance and create healthy competition of working environment.
PSMC’s starting salary standards and remuneration conditions for women and men are the same, and they are significantly better than what is regulated by applicable laws and regulations, including minimum wage, working hours, and pension contribution system. The difference in remuneration between women and men in 2023 at PSMC was mainly due to a combination of factors such as position, duties, years of experience and performance, and not due to gender. Overall, PSMC provides competitive compensation and benefits to help employees balance career development and family life quality. |
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Retirement Life Security |
In accordance with the Labor Standards Act and the Labor Pension Act, there is a retirement plan for all regular employees, and those who have worked for PSMC for at least 10 years and are at least 45 years old, and with the sum of the first two items reaching 60, are eligible to apply for retirement. Employees subjected to the Labor Standards Act (also known as the old system) are required to contribute 2% of their monthly salary to the Bank of Taiwan's Labor Retirement Fund Supervisory Committee's special account. If the balance of the special account is not sufficient to pay for workers who are expected to meet the retirement requirements in the following year before the end of the year, and the balance must be replenished by the end of March of the following year. Employees subjected to the Labor Pension Act (also known as the New Labor Retirement System) are required to contribute 6% of their monthly wages to the personal pension account established by the Labor Insurance Bureau. For more information on pension liabilities, please refer to PSMC's annual report of 2023. |
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Child Care Leave without Pay and Maternity Benefits |
PSMC has established a complete unpaid paternity leave system based on the rights that workers are entitled to in accordance with the Act of Gender Equality in Employment. Employees who meet eligibility requirements can apply for unpaid paternity leave to retain their work rights for them to maintain a balance between work and family. The Company has also established breastfeeding (lactation) rooms in accordance with laws and regulations, which female employees in need can use anytime at work. In addition, in response to the government's maternity policy, PSMC has introduced a new “Maternity Allowance” in July 2022, which provides a subsidy of NT$20,000 for each newborn baby |
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Happy Workplace |
Health Care and Life Care
Complete Work Environment
Festivals and Annual Events
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Arts and Cultural Events |
Arts and Cultural Events
Family Theatre Appreciation and Celebrity Special Lectures
Each year, PSMC organizes a variety of arts and cultural activities, including family theater performances and lectures by celebrities, to bring the arts closer to the lives of employees and cultivate a humanistic atmosphere, and to promote parent-child interaction and learning, and optimize the work-life balance of employees. There were four theater performances arranged for employees to appreciate in 2023, including All U People Theater's Minister, There’s a Wind, Spring River Performing Arts Troupe's Why Is My Mother-in-Law So Cute — Prequel, Funny No Problem's Workman's Life - 8, and Comedians Workshop's Minister Bao, So Many Baddies. 3,619 people participated in the performance events. Through theater appreciation, employees can enjoy warmth and pleasantness with their family.
In addition to theater performance, three arts/cultural lectures were also held in 2023, including How to Change Life and Wealth Status in an Era of Inflation by Yan-Lli Lu, Parent-child Communication Skills for Working Parents by Daddy Tse, and 12 Habits Toward Change — Celebrity Lecture by Shi-Ying Chu. 457 people participated in the lectures. These celebrity lecturers not only shared their life experiences and professional knowledge, but also expanded our colleagues' understanding and exchange in various fields.
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Leopard-cat-themed Photography Competition
As a part of the Company's ESG promotion plan, a leopard-cat-themed photography competition was conducted in January 2023 to advocate and promote the awareness of Taiwan's rare animal conservation. There were 138 employees engaged in this competition, and 98 photographs were submitted, among which 28 works were selected as the final award-winners. The prize bonus for the first three winners were NT$6,000, NT$5,000 and NT$3,000, respectively. In addition, the first-place winner's work has been used as the main pattern printed on the gift backpacks prepared for participants who arrived earlier at the end of the route assigned for the 2023 trekking event organized by the Company.
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PSMC Family Day
PSMC Family Day is an event exclusively for PSMC members' family. The Family Day was held at Lihpao Resort on July 8 and July 22, 2023. A total of 5,721 employees registered for the event, achieving attendance rates of 85.6% and 80.4%, respectively. Employees together with their family totaling nearly 13,000 people participated in the event, which not only facilitated husband-wife and parent-child interactions, but also encouraged more extensive interpersonal communication among participants. A variety of lovely food, fun facilities, and interesting stage performances were presented in the event for participants to enjoy the cheerful atmosphere together to effectively gather the centripetal force of employees and strengthen the identification of family members.
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Hsinchu Left Bank Grassland Walking Activities
PSMC organized two Hsinchu Left Bank Grassland walking activities in 2023. There were 1,435 employees registering for the event; however, being affected by weather conditions, 668 employees participated in the activities. In addition to trekking, exercising, and other sports activities, there were also food stalls, Breakthrough Game stands, performances and lucky prize draw activities organized onsite for participants to exercise and enjoy themselves with their family.
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Christmas Thanksgiving Music Dinner
Christmas is a time for thanksgiving. For this special event, PSMC collaborated with Miaobei Art Center to hold two Christmas philharmonic concerts in December 2023: the Christmas Good News through Sound of Heaven-Christmas Choral Concert given by the Taipei Philharmonic Chamber Choir, and the National Taiwan Symphony Orchestra’s Classic Dialogue between Bizet and Dvorak. 1,550 employees and their family attended the concerts, enjoying the fantastic performances and festive Christmas atmosphere. To help employees understand more about the works performed in the concert, the Company invited Lin Po-chieh, Music Director of Jingo International Records Co., Ltd., to deliver a lecture on the program of the concert Classic Dialogue between Bizet and Dvorak, in which 95 employees participated. |
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Diverse Clubs and Sports Events |
Club Activities and Interdepartmental Competitions
PSMC encourages employees to establish employee clubs and conduct club activities for employees to develop hobbies and extend interpersonal relationships in their time after work. More and more employees have been encouraged to participate in employee clubs in recent years. The clubs can be classified by their attributes into the following categories: ball games, sports and leisure activities, public welfare, music and art, and general studies. Currently there are 14 clubs for employees to choose, which are Badminton Club, Table Tennis Club, Tennis Club, Volleyball Club, Basketball Club, Bowling Club, Softball Club, Rhythmic Exercise Club, Audio & Video Club, Cycling Club, Healthy Mind Club, Agronomy Club, Language Club, and Music Lovers Club. The clubs hold regular and diverse activities to encourage employees to expand their social networks, cultivate hobbies, and enrich lives. The Welfare Committee also provides funds to support club operations. For example, for PSMC Cup ball games organized by the Company's ball game clubs, the Committee will allocate prize money based on the number of participating teams. Ball game teams also receive funds for their team jerseys and equipment. In addition, if a club represents the Company to participate in an external competition and wins an award, it will be granted an additional incentive subsidy of NT$32,000. The total subsidy funds for all ball game clubs have reached NT$1.5 million, and a subsidy of NT$20,000 has been provided for each general club and study-oriented club to support their activities.
As stipulated in the Regulations Governing Employee Welfare Committee's Club Management, clubs must complete the next year's budget itemization in October every year, and club activities must be carried out by following the planned budget. The operating procedures are as follows:
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With the slowing down of the pandemic, a variety of PSMC Cup ball game competitions were resumed in 2023. Through club ball game competitions, employees' sense of agreement with the Company has been enhanced, and the collaborative strength brought by teamwork has also been further strengthened.
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Recreational Facilities and Services
PSMC attaches great importance to the balanced development between employees' work and leisure. A multifunctional sports center equipped with basketball court, tennis court, volleyball court, pool table, and ping pong table has been established on the ninth floor of the Company's P1/2 Plant. There are also gym, aerobics classroom, karaoke room, and audiovisual room on the fifth floor. Other plants (P3, 8A, 8B) are also equipped with fitness facilities and aerobics classrooms, providing employees with the best leisure/exercise environment for them to develop regular exercise habits.
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