Employee Development Strategy
Advantech offers interdisciplinary, cross-national, and diverse job opportunities as a stage for employees to develop their careers. We encourage our employees to be proactive in discovering their potential. Through job rotation, our employees can gain a more global perspective and broader range of experiences, making them more competitive in the job market. In addition to focusing on improving their career competency, we also offer them comprehensive learning courses, ranging from basic training to the sharing and inheritance of operational philosophy and cultivation of talent for mid- and high-level management positions. Through internal training mechanisms, our mission is to cultivate outstanding talent for the company to carry on our corporate culture and philosophy, thus establishing a sustainable foundation for the company’s future.
High-potential Talent Cultivation
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Talent Meet Board
Over 10 higher-level managers from our offices around the world were arranged to meet with board members in order to establish relations with the board and strengthen their understanding of our corporate strategy.
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Elite Mentoring
Our mentor system matches top-level managers with prospective middle- and higher-level talent. Over a period of 6 months in 2020, the system helped 21 middle- to higher-level talents improve their management and leadership abilities and accelerate their career development. In particular, this cross-domain and cross-department mentor–mentee exchange broadened the participants’ perspective on innovation.
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Talent Radar Screen Review
Annual development plans have been established for managers who demonstrate high potential for future development. The Human Resource department regularly tracks the implementation status of these plans as well as how well prospects perform. In 2020, a total of 49 high-potential talents were selected. The development project achievement rate was 93.75%, and the retention rate was 98%. In future, we plan to expand the scope of talent analysis and development. In 2021, we expect to increase the number of participants to between 100 and 200.
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LEAP WorkOut
The term “LEAP” is derived from four words: Learn, Experience, Alignment, and Partnership. The term also reflects the achievement of someone exhibiting a sudden and decisive increase in ability and understanding. For a range of different topics, we select talents to form special project teams. Through adopting an action learning approach and providing coaching from higher-level managers, we are able to develop and promote employees at a faster rate. In 2020, a total of 27 employees participated, 6 of whom were promoted 1 year of participation. The promotion rate was 22%.
Employee Training
Advantech values the individual characteristics and potential of each employee. We endeavor to create an environment in which employees can realize their potential and advance their career. The Advantech Institute was established based on this concept. The institute offers a series of elite cultivation education training programs, including the e-Learning platform (Learning@Advantech), ten core programs, an annual strategy workshop, technology workshops, study groups, and the Executive Talks event. In addition, in response to the Electronic Industry Code of Conduct management principles that we have incorporated, we use our company internal website and manual for new employees to communicate management regulations on anti-bribery policies and labor equality. All new employees are required to comply. In 2020, total training expenses for Advantech’s Greater China operations (Taiwan Headquarters and China) were NT$ 5,050,834 for a total of 891,017 training hours. The training hours per capita was 144 hours. The average satisfaction with the online courses was 4.88 (out of 5).
List of courses offered to Advantech employees
Salary and Benefit
Compensation Management
Advantech ensures that salaries are set according to employees’ academic and professional experience, job performance, and market conditions. Salaries are not influenced by gender, race, religion, political orientation, or marital status. To achieve the overall operation plan and the goals of the department and of individuals, we solidly understand employees’ work performance, using it as the basis for employee promotion, employee training development, and their salary adjustment. Each year, we regularly conduct performance appraisals for all employees. This consists of summarizing work results from the previous year and establishing goals for the new year. Supervisors and their subordinates work together to establish their development plans. For more details please refer to our CSR Report .
Performance Reward System
1. Market conditions : We regularly refer to salary survey reports to assess the status of each operation base and salary standard to plan a suitable salary structure to ensure market competitiveness.
2. Performance appraisal : Each year, we regularly conduct performance appraisals for all employees. This consists of summarizing work results from the previous year and establishing goals for the new year. Supervisors and their subordinates work together to establish their development plans. Performance appraisal results then form a basis for employee promotion, training development, and salary adjustment. Performance appraisals are not influenced by gender, race, religion, political orientation, or marital status.
Employee Welfare System
We comply with relevant laws and provide various insurances and benefits, including superannuation, group insurance, and overseas travel insurance for business trips to ensure that employees are safe and healthy at work and in their personal lives.
We realize that life shouldn’t be all about work. We sincerely hope that all of our employees can maintain physical and mental health and a sense of personal happiness, and for this we offer a range of welfare projects. For example, we provide 5 days paid sick leave, allow staff to have daily tea breaks with all-you-can-drink beverages, host seasonal birthday parties, and provide department-based dining subsidies to build positive relations among colleagues and create a more positive team atmosphere. We also organize art and cultural activities such as exhibitions and performances to cultivate diverse interests and help employees maintain a balanced and relaxed life.
Term life insurance: The coverage for each employee is 24 times their monthly salary, up to NT$10 million.
Health insurance: Includes accident insurance, hospital room and board insurance, and cancer hospital room and board insurance.
Accident insurance: Coverage for each employee is 24 times their monthly salary, up to NT$10 million. This includes insurance for severe burns and scalds, transportation incidents, and death from fire or drowning.
Death from illness: RMB150,000/year.
Death from incidents at work: RMB150,000/year (for people with social insurance) and RMB500,000/year (for people without social insurance).
Medical fee reimbursement: Outpatient clinic: RMB1000/year. Inpatient: RMB10,000/year.
Every 2 years, we offer stock ownership certificates for upper managers and outstanding employees. After receiving stock subscription certificates for 2 years, employees may subscribe to stocks (which may be accumulated) according to terms and conditions. For more details, please refer to the 2020 Annual Report.
ABLE Club
Advantech Beautiful LifE Co-creating a happy enterprise with the Lita spirit
To achieve comprehensive employee care and service and to realize the spirit of work, learning, and love, Advantech integrates organizations such as employee relationship management, foundations, and the Employees’ Welfare Committee. Through the ABLE Club, which takes its not from “Advantech Beautiful LifE,” we invite employees, their families, and the public to participate in various innovative activities and special projects. It is our mission to build a beautiful life for everyone, together.
In 2020, a total of 1,000 people participated in clubs, with over NT$6.5 million invested.
Advantech ABLE Club framework
A music teacher from Chiayi Zhuwei Elementary School is grateful for being gifted boomwhackers by the Music Club.
The principal of Chiayi Dayou Elementary School combined people’s gifts with reading education to encourage children to form the good reading habits.
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NTC社 NTC Club -
羽球社 Badminton Club -
愛心社 Volunteer Club -
音樂社 Music Club
Award Highlights
