Employees are the most important assets of an enterprise. Asia Cement continues to build a cohesive workplace environment, and offer diversified development through a competitive remuneration system to assist employees in refining the necessary skills for the work, to create a friendly working environment and to create a good interactive organizational culture. By providing this solid foundation, the Company expects that employees can reach their full potential and grow together with the business. It is the most solid foundation of Asia Cement’s sustainable operation.
《Policy commitment and management system》
- Establish a competitive remuneration system and a complete employee welfare and retirement benefit system.
- Establish a talent development quality management system.
- Establish a complete performance management and promotion system.
- Provide employees with a complete training system for growing.
- 100% gender equality in Asia Cement.
Asia Cement firmly believes that employees are the most important assets of the company. In addition to hiring superior talents through the market competitive remuneration system, it also created a happy workplace environment and planned a comprehensive cultivation program to allow employees developing and shining in the workplace.
Focusing on the job functions required in different departments and ranks of job positions each year, Asia Cement provides sufficient opportunities of learning and training to supervisors and employees by way of referring to the company’s development strategy and offering various courses. The Company can not only reach the goal of employment after training, but also link with employees’ career development. The training courses include trainings of new employees, common core job-functions, specialist/job-functions, operation and management, digital transformation and sustainable ESG development.
Training Policy and Hours
In 2023, all categories of employees in Asia Cement had received 29 hours of training on average. The averaged expenses of training and development per employee was NT$5,946.
- Improving the required knowledge, attitude, and skill of the employees for reaching the collective and individual goals of work to fulfill the needs of enterprise development and organizational manpower planning, and to enhance the production efficiency and quality; ultimately to increase the profitability and brand image, satisfy the needs of customers, and to fulfill Corporate Social Responsibility. Striving for the goal of sustainable operation.
- In response to environmental variation, providing enriched and diversified learning resources in line with developments in industry trends, forming the culture of continuous learning in the workplace.
Sustainable Asia Cement's Talent Training Framework
To achieve sustainable talent development, Asia Cement is dedicated to fostering a diverse talent pool. The Company have established a framework for
sustainable human resource development, providing leadership training and skills development for all employees. Additionally, the company supports regular retraining for professional certifications required for job roles, ensuring that relevant certifications are obtained.
The annual average hours of training received
| Site/average hours of training | Supervisor | Administration | Sales | Plant affairs | Average hours | ||||
| Male | Female | Male | Female | Male | Female | Male | Female | ||
| Asia Cement | 40 | 37 | 37 | 38 | 20 | 36 | 34 | 25 | 29 |
| Subsidiaries | 67 | 7 | 15 | 10 | 12 | 1 | 80 | 6 | 14 |
Human Capital Return on Investment (HCROI)
With respect to Asia Cement’s human capital return on investment (HCROI) in the past years, it was NT$15,100,000 in 2023, the competitiveness was maintained.
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NOTE:
a. Total income (NT$1 million)
b. Total operational expenses (NT$1 million)
c. Total expenses relating to employees (salary and welfare) (NT$1 million) HCROI=((a - (b-c)) / c)( NT$1 million)
The succession training of important management positions
Geared towards the business elite, Asia Cement established “A special class on training modernized supervisors for Asia Cement and its subsidiaries”. Since 2014, the members of the class took 225 hours of intensive courses in a period of two years, and then practiced 30 senior level meetings and the attendance of 30 keynote seminars. The results of the training were outstanding. Currently, more than 95% of the members have been promoted from their job positions and become the backbone of the departments. Some members have taken the highest position of departments.
In addition, these high potential successors are required to take 12 hours retraining course each year, to take responsibility of important projects, to be involved in decision making, and to continue advance themselves both in theory and practice. We hope to continue nurturing strong talents to lead our organization to sustainable development in the face of the increasingly challenging environment.
《Training offered by Asia Cement (China) from 2021 to 2023》
| Item | 2021年 | 2022年 | 2023年 |
|---|---|---|---|
| Total hours of training | 36,287 | 114,663 | 148,783 |
| Total training hours for male employees | 32,528 | 105,987 | 133,039 |
| Total training hours for female employees | 3,759 | 8,676 | 15,744 |
| Total number of training opportunities | 3,505 | 3,443 | 2,939 |
| Total number of training opportunities for male employees | 3,097 | 3,046 | 2,598 |
| Total number of training opportunities for female employees | 408 | 397 | 341 |
| Average training hours per employee | 10.35 | 33.30 | 51 |
| Average training hours for male employees | 10.50 | 34.80 | 51 |
| Average training hours for female employees | 9.21 | 21.85 | 46 |
Note: In 2022, the training situation of each branch will be logged into the online system for management, and the data collection will be more complete than in previous years