Talent Attraction & Retention
| Employee Support Programs Overview | |
|---|---|
| Work stress management |
|
| Sports and health initiatives |
|
| Flexible working hours |
|
| Working-from-home arrangement |
|
| Childcare facilities or contributions |
|
| Breast-feeding/lactation facilities or benefits |
|
| Paid parental leave for the primary/non-primary caregiver |
|
Work-life Balance
In order to facilitate employees to take care of their family members and pick up and drop off their children, CSC has implemented a system of flexible working hours. Employees on the regular shift can adjust the commuting time of half an hour regarding working hours after obtaining the consent from their executives. Apart from having established breastfeeding rooms, CSC has also planned a group insurance, which is partially subsidized by CSC, for employees. Since this insurance includes life and accident insurance coverage, employees can choose different levels of insurance coverage according to their needs. Employees stationed abroad also enjoy fully-subsidized group insurance provided by CSC, which consists of life, accident, medical, and hospitalization insurance coverage. In 2021, CSC added not only overseas outpatient insurance coverage to the aforementioned group insurance but also the notifiable communicable disease health insurance in Taiwan for this group of employees, which covered COVID-19 and other communicable diseases announced by the Ministry of Health and Welfare. A comprehensive insurance system offers employees the best care and protection and ensures that employees feel secured both at work and in life.
CSC has created a welfare-friendly work environment, strengthened the well-being of employees, and aimed to attract young talents to join the CSC Steel Family. To maintain work-life balance, CSC has also encouraged employees to engage in leisure activities. Additionally, employees and their family members are invited to participate in various activities held by CSC every year to maintain their bonds and enhance their sense of unity.
Regulations on employee leave superior to regulatory standards
| Types of leave | Numbers of days | Descriptions |
|---|---|---|
| Leave to Witness Weddings | 2 | It has not been clearly stated in existing regulations. |
| Marriage Leave | 9 | It is superior to the 8-day leave stated in the Regulations of Leave-Taking of Workers of the Ministry of Labor. |
| Pregnancy Checkup Leave | 8 | It is superior to the 7-day leave stated in the Gender Equality in Employment Act of the Ministry of Labor. |
| Maternity Leave | 60 days | It is superior to the 8-week leave stated in the Gender Equality in Employment Act of the Ministry of Labor. |
| Paid Family or Care Leave Beyond Parental Leave (Pregnancy Checkup Accompaniment and Paternity Leave) | 8 | To provide support to spouses during pregnancy, CSC offers employees 8-day paid leave, which is superior to the 7-day paid leave stated in the Gender Equality in Employment Act of the Ministry of Labor, for accompanying their spouse for pregnancy checkups or such spouse is in labor. |
| Special Leave for New Employees | Annual leave of one day will be given after three months of employment | It is superior to the 3-day leave given to new employees after six months of employment stated in the Labor Standards Act of the Ministry of Labor. |
| Long Service Leave | For those who have served for 20 years, 30 years, and 40 years (including service before privatization), one additional day of leave will be granted in the current year. | It has not been clearly stated in existing regulations. |
| Funeral Leave | 1-14 | Depending on whom the funeral is for, the number of days may vary. If the funeral is held for a parent, a foster parent, or a spouse, 14-day leave is granted, which is superior to the 8-day leave stated in the Regulations of Leave-Taking of Workers of the Ministry of Labor. |
Employee Stock Ownership Trust
CSC has introduced the Employee Stock Ownership Trust (ESOT) since July 1998. The purpose of CSC's ESOT is to enhance workplace cohesion, boost employees' awareness as shareholders, align employee incentives with the company's growth, and safeguard employees' retirement life.
Once employees apply to join as ESOT members, the company will allocate 20% of the total deposit amount of each individual member as a bonus. In addition, for members with more than 1 year's ESOT membership (meanwhile continuously depositing) and more than 5 years' seniority, applicable to the Labor Pension Regulations, the company will also allocate 2% of their basic salary as a public withdrawal trust deposit. To enhance the talent recruitment and retention, and to take care of its employees' retired life, CSC continues to optimize the shareholding trust system. In 2024, CSC introduced a new allocation rate of 30% scheme while maintaining the current allocation rate of 20% scheme and delivered the incentive bonus to ESOT which aims to enhance employees' engagement, internal cohesion, and solidarity.
As of 2024, the number of CSC's employees is 9,518, and the ratio of employees joining CSC's ESOT is approximately 93.8%.The shares of CSC's ESOT account for 2.59% of CSC's shares outstanding, making it the second-largest shareholder. In sum, CSC's ESOT not only helps to stabilize the company's shareholding but also enables employees to accrue their second pension and safeguard their retirement life.
Employee Assistance Program
CSC arranged for professional counselors from the Teacher Chang Foundation and Bitter Sweet Counseling Center to provide counseling sessions at its plants. Counseling services were provided 493 times in 2024, in which the majority of issues were family, workplace and self, and philosophy. CSC also held two psychological adaptation seminars on “workplace communication”, and "family relationship were organized to help employees relieve psychological stress.
▲ Psychological Adaptation Seminars
Family Bonding Activities
CSC has formulated the Rules for Family Bonding Activities aimed at inviting employees and their dependents to participate in various outdoor activities, such as mountaineering, hiking and trekking, outside its plants. In 2024, a total of 9,522 people applied for subsidies for family bonding activities, which benefited domestic travel.
Networking events for singles - organized by CSC and Labor Union of CSC
In 2024, four singles networking activities will be held with Labor Union of CSC for unmarried employees, expanding social events after work to provide opportunities to get to know friends of the opposite sex, and create happy families if possible, improving the vibe within the organization and employee engagement.
Family Hiking Activity - organized by CSC Labor Union
CSC Labor Union organizes Family Hiking Activity every year to provide leisure and entertainment for union members and their families, as well as CSC's Welfare Committee members and their families. By doing so, employees and their families can enjoy outdoor picnics, and get to know about the company's operating status and the achievements by Labor Union of CSC in the past year. The number of applicants in 2024 was nearly 40,000.
Services for Retirees
In response to the wave of retirement and to care for retirees, CSC has established the CSC Retiree Service Section under the Human Resources Department. Its main tasks are to help retiring employees to understand their retirement rights, properly plan their retirement life, and pay attention to physical and mental health. The Lohas mutual aid strategy is also promoted. In terms of caring for the retirees, CSC encourages them to continue learning and be volunteers to contribute to the society as a form of practicing reciprocity in fulfilling CSC's corporate social responsibility. Furthermore, CSC assisted the retirees of the CSC Group to apply to the Kaohsiung City Government for the establishment of the CSC Retirees LOHAS Society in February 2014 to promote healthy living and participation in public welfare activities, which was a manifestation of a model lifestyle for senior citizens.
| Events | Services for retirees | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| The establishment of the retiree database |
In response to CSC's manpower succession and passing on of the retirees' experiences
in the wave of retirement, they have been recruited into the retiree talent pool.
Moreover, CSC lists the numbers of retiring employees, voluntary retirees, and those
in special projects every month, and the retiree database is regularly updated. If CSC or its subsidiaries need professional consultation or solving engineering or technical problems, an application for manpower needs may be submitted. Retirees will be selected from the retiree talent pool, and if the consent is granted by both the appointing unit and the selected candidate, a contract of employment may be finalized by both parties. |
|
|
|
| Lectures and farewell parties | Retiring employees are invited to attend the Lohas lectures to learn more about their retirement rights, plan their retirement life, and pay attention to their physical and mental health. In addition, retirees, their department executives, colleagues, and family members are invited to attend a retirement farewell party every quarter. Senior executives of CSC are also invited to present retirement medals and souvenirs. Each department can also apply for a subsidy for holding a retirement farewell party on its own to develop friendly relations among colleagues. |
|
|
|
| The Stock Ownership Trust for retirees | In order to better protect the financial management of employees after retirement, retirees are encouraged to join the Stock Ownership Trust. Relevant rights and interests are elaborated to employees before retirement, and information regarding retirement financial planning is provided as references. |
|
|
|
| Volunteering | Retirees are invited to serve as volunteers to offer services in CSC anniversary celebrations, shareholders meetings, steel tours, environmental education tours held by the Foundation, citizen lectures, and other activities. Volunteer training for retirees is held in conjunction with the CSC Group Education Foundation to enhance teamwork and the consensus to serve every year. |
|
|
|
| Activities held by CSC | After retirement, retirees are invited to take part in CSC-organized activities, such as anniversary celebrations, outings held by the CSC Employee Welfare Committee, hiking held by the CSC Labor Union, birthday celebrations, etc. |
|
|
|
| Health examinations | CSC cooperates with regional hospitals to provide health check-up services for retirees and their family members at the CSC Clinic every October. |
|
|
|
| The CSC Retiree Website | The CSC Retiree Website has been established to link CSC-related information, including the latest news, Group announcements, travel, clubs, welfare and entertainment information, retirement rights, learning for seniors, health and medical, CSC Bimonthly, employee clippings, etc., to facilitate retirees to obtain diverse information and maintain good relations with CSC. |
|
|
|
| The Retirement Systems |
For those who are subject to the "Labor Pension Act," the new labor retirement
system, CSC will allocate 6% of their salary to the Bureau of Labor Insurance every
month in accordance with the law; for those who are subject to the pension system of
the "Labor Standards Act," the previous labor retirement system, CSC will allocate a
certain percentage of the total monthly salary to the employee retirement funds and
deposit it into a special account in the Bank of Taiwan. By the end of 2024, 7,880
employees were eligible for the new retirement system, and 1,638 employees remained
under the previous labor retirement system. The Retirement Fund Management Committee was also established by CSC. It is responsible for reviewing, supervising, and checking the allocations, depositing, and expending of the pension funds of appointed managers. The pension funds are deposited in the name of the management committee. |
|||
Employee Welfare
The China Steel Corporation Employee Welfare Committee is jointly formed of 27 welfare committee members, that are appointed by both labor and management. In order to provide generous working conditions and meet the needs of employees, the Committee set up a welfare center that provides multiple welfare facilities such as employee convenience shop, cafeteria, resort, single dormitory, gym, commute bus, laundry service and reading room. These facilities are not only opened to employees but also contracted labors and local residents. Every year, CSC conducts a satisfaction survey of the welfare center. The average score for satisfaction survey in 2024 was 85.1.
| Event | Summary |
|---|---|
| Cafeteria | The CSC Employee Welfare Committee operates various types of restaurants including a buffet restaurant, Ming Pang Hall, and restaurants within the CSC Group Resort. These facilities offer a variety of dining options, including Chinese and Western style buffets, boxed meals, and banquets. |
| Employees Residence | Priority will be given to new employees whose original residence is outside Kaohsiung city; there were 911 residents in 2024. |
| Transportation Subsidy | To promote public transportation, CSC provided special subsidies for the “TPASS Kaohsiung City 399 TWD Monthly Commuter Pass” promotion project. In 2024, an average of approximately 608 employees applied each month, with the company subsidizing about NT$60,000 per month. In addition, CSC operated 15 shuttle bus routes to support employee commuting, with about 600 riders. |
| Gym | The fitness center at CSC has a SPA, a heated swimming pool, a billiard room, a basketball court, a badminton court, a table tennis room, and a ballroom. These facilities are available for employees, their family members, and residents of Hsiao Kang District. |
| Childbirth Gifts | In 2024, the CSC Employee Welfare Committee distributed a total of 2.31 million TWD in childbirth cash gifts to (including 1.62 million TWD for CSC's employee and the rest for subsidiary companies). |
| Education Scholarships | The CSC Employee Welfare Committee offers scholarships or financial aids for the children of employees at all education levels from elementary school to PhD. In 2024, it received a total of 11,439 applications and awarded a total of 20.36 million TWD. |
| Group Insurance from the Employee Welfare Committee | In order to enhance the protection and welfare of all employees, the CSC Employee Welfare Committee has specially liaised with insurance companies to plan group insurance for members. The insurance covers the employees themselves, spouses, children and parents. The insurance package includes group life insurance, accident insurance, hospitalization and cancer treatment. |
| CSC Kindergarten | The kindergarten was established with the support and guidance of the CSC Employee Welfare Committee. It aims to create a nurturing and friendly environment for children, with priority given to the enrollment of children of CSC employees. |
| Club Activities | The CSC Employee Welfare Committee has set up 41 clubs and allocates funds every year to organize various activities, including sports, fitness, leisure, art and charity events. It aims to promote clubs' affairs and enhance the mental and physical health of members. |
| Flexible Welfare Points Subsidies | The CSC Employee Welfare Committee allocates welfare points from the annual budget. Members can choose the welfare items according to their own needs. Currently, 16 items are available for application. For the needs of elderly employees, the welfare committee provides options such as full-body precision health check, care and support for the family members, self-paid additional insurance for major diseases, and remote health care. |
| Health Examination | The items and frequency of employees' health examinations are better than required by law, for further information please refer to the Chapter 4.4.2 Health Care. |
Club Activities
CSC has encouraged its employees to take part in club activities. As of the end of 2024, the CSC Employee Welfare Committee had established a total of 41 clubs along with leisure and sports venues. These initiatives have been designed to foster a supportive environment that can be utilized to strengthen the health and overall well-being of employees.
▲ An outing held by the Hiking and Mountaineering Club
▲ Group practice of the Tai Chi Club
A Large-scale Outing Held for Employee Family Members in 2024
The CSC Employee Welfare Committee organizes a large-scale outing annually. In 2024, the event attracted approximately 15,000 employees and their family members. Held at the Liugdui Hakka Cultural Park, the event featured a variety of performances and activities, including Kaohsiung Liang-Kuang Lion, Dragon Dance and Drum shows, an eight-mask face-changing act, professional baseball cheerleading dances, live performances by talented singers, lucky draw, and a walking challenge with checkpoints. These activities not only fostered family bonding but also strengthened corporate cohesion.
▲ Spectacular stage performances energized the atmosphere.
▲ Lucky draw.
▲ Walking challenge with checkpoints.
CSC's 53nd Anniversary Celebration and Year-end Raffle
CSC celebrated its 53rd anniversary on December 14, 2024, with a grand event held at the administrative area of the Hsiao Kang Plant. Centered around the theme "Dancing with CSC: A Day of Shining Brightness," the celebration creatively visualized the company's “dual cores and three transformations” operation and development strategies through dynamic quicksand imagery, symbolizing unity, breakthrough, and collective growth toward sustainable value creation.
The celebration featured a diverse array of activities. In addition to captivating stage performances hosted by the renowned entertainer Kang Kang, the venue included 36 food stalls, street artist performances, padded play zones for children, and a dazzling fashion photo booth. Inside the main hall, the Kaleidoscope Theatre troupe presented parent-child theater performances, and 13 employee clubs actively recruited new members in the lobby area through engaging performances, food tastings, and interactive games, fostering a vibrant and festive atmosphere.
Additionally, guided bus plant tours and visits to the museum of CSC's history and significant milestones were offered. This event provided a meaningful opportunity for employees and their families to enjoy leisure time together and attracted more than 6,000 people. Furthermore, on December 16, a year-end lucky draw was held at the welfare restaurant to express gratitude for employees' dedication and contributions throughout the year.
▲ Opening ceremony.
▲ Photos of various celebration events.
