Yuanta Financial Holding Company (FHC) officially announced in March 2022 to join “TALENT, in Taiwan, Taiwan Talent Sustainability Action Alliance.”
The cultivation and development of human resources has always been an important operational development goal for Yuanta FHC. In order to strengthen the competitiveness of Taiwan’s talent, and in response to the ESG (environmental, social, and corporate governance) wave and the importance global companies place on the social responsibility of talent, Yuanta FHC officially announced at this critical moment to join “TALENT, in Taiwan, Taiwan Talent Sustainability Action Alliance.”
We are committed to the following six aspects of talent sustainability and actions that will help Taiwan’s society remain sustainable and competitive in the face of declining birthrate.
Yuanta FHC follows the Taiwan Financial Supervisory Commission’s (FSC) “Corporate Governance 3.0 - Sustainable Development Roadmap” and formulates Sustainable Finance Guidelines. In 2016, Yuanta launched a roadmap for the Group’s sustainable development strategy, incorporating ESG concepts into its operating strategy, and putting into practice Yuanta’s sustainable DNA to continuously pursue the maximum value of the company. Yuanta FHC shoulders the responsibility of corporate citizenship, works together with stakeholders for the good of all, exerts positive influence, and strives for sustainable corporate development. According to Yuanta FHC’s 2021 domestic and overseas employee opinion surveys, 88% of the participating employees have a positive opinion of the core values. For the third consecutive year, Yuanta FHC has been named to the Dow Jones Sustainability World Index and the Dow Jones Sustainability Emerging Markets Index, and has won the first place in the category of FBN Diversified Financial Services and Capital Markets of the S&P Global Corporate Sustainability Assessment (CSA). Yuanta FHC is the first Taiwanese financial company ever to win the top spot in this industry category and was awarded the Sustainability Yearbook 2022 Gold Class Distinction.
Yuanta FHC is composed of a diverse group of domestic and overseas talents, advocates diversity and equality, and has a friendly, interactive, and inclusive organizational culture. Yuanta has promulgated the Human Rights Policy of Yuanta Financial Holding Company, Ltd., which publicly declares that it respects and protects internationally recognized basic human rights, opposes any discrimination and human rights violations, and creates a pluralistic, open, and equal work environment free from discrimination and harassment. According to Yuanta FHC’s 2021 domestic and overseas employee opinion surveys, 85% of the participating employees have a positive opinion on diversification and integration. Yuanta FHC has been continuously selected for the Bloomberg Gender-Equality Index since 2021.
Yuanta FHC provides diversified and smooth channels and platforms for labor-management communication, and holds regular labor-management meetings to discuss labor rights and welfare issues. Yuanta FHC also regularly commissions consultants to conduct domestic and overseas employee opinion surveys to listen to employees’ voices and communicate important issues, and strive to create a friendly workplace where employees can actively communicate and aspire to. Yuanta FHC’s 2021 domestic and overseas employee opinion surveys have an 85% employee participation rate, and 90% of the employees who participated in the surveys have a positive opinion of the organization’s communication. Yuanta FHC has been awarded the “Best Company to Work for in Asia” from HR Asia since 2020.
Yuanta provides a competitive salary and benefit system. The salary is paid in multiple combinations, including base salary, allowances, bonuses, employee compensation, stock ownership trusts, etc., supplemented by leaves, insurance, cultural and recreational activities, and other benefit systems to build a complete salary and reward structure. Yuanta uses a system that takes into account both operational performance and risk management to return operational results to employees, so that employees’ personal work goals are closely integrated with the company’s operational goals and shareholders’ rights, creating a win-win-win situation for individuals, the company, and shareholders, and achieving the goal of sustainable management. According to Yuanta FHC’s 2021 domestic and overseas employee opinion surveys, 74% of the participating employees have a positive opinion on salary and benefits, which is sixteen percentage points higher than the norm for financial services in Taiwan and eight percentage points higher than the high-performing norm. Yuanta FHC continues to be selected as a constituent stock of the “Taiwan High Compensation 100 Index.”
Yuanta FHC implements a workplace health management program based on a three-stage, five-level public health framework. Through various ISO environmental certifications, health examinations, disease prevention and health education, physical and mental health counseling, employee assistance programs (EAP), club activities, exercise classes, health seminars, sports group competitions, and other diverse activities, we are able to create a healthy workplace where employees can work with peace of mind. According to Yuanta FHC’s 2021 domestic and overseas employee opinion surveys, 77% of the participating employees have a positive opinion on health and well-being, which is five percentage points higher than the norm for financial services in Taiwan. Yuanta FHC and its eight subsidiaries have all been awarded the Badge of Accredited Healthy Workplace by the Health Promotion Administration of Taiwan’s Ministry of Health and Welfare.
Yuanta FHC has established a complete training system and abundant learning resources to encourage employees to take the initiative to learn and continuously develop their diverse functions. In the face of rapid changes and innovations in the financial industry, all employees are equipped with the knowledge, skills, and abilities to keep pace with the times and enhance their competitiveness and sustainability in the workplace. The average number of training hours for employees in 2021 is 47.0 hours. According to Yuanta FHC’s 2021 domestic and overseas employee opinion surveys, 87% of the participating employees have a positive opinion on learning and development, which is twelve percentage points higher than the norm for financial services in Taiwan and seven percentage points higher than the high-performing norm. Yuanta FHC was awarded the Talent Development Leadership Award by the Taiwan Institute for Sustainable Energy in 2021.
In addition, Yuanta FHC continues to nurture future financial talents and deepen the desire of the new generation to enter the financial industry, and actively persists to work with various universities in industry-academia cooperation. Through courses, internships, lectures, and corporate visits, Yuanta FHC vigorously cultivates new-generation financial talents and recruits future talents needed for key business development. Yuanta FHC worked with 88 universities on industry-academia cooperation in 2021 to train 12,075 new-generation talents.
Next, we will continue to promote and advocate with CommonWealth Learning, Cheers Happy Worker, and 100 Companies in Taiwan. We hope that in the near future, through the hope project of talent cultivation, every working person can feel the power of cultivation, enhance their functions, and create a better career development and future.