ENGAGEMENT

Developments and Growth

FET strives to pursue quality improvement and the depth of employee's training developments. The blueprint of the training programs is based upon the functionality of the business units and the employee's professional level, also the planning and arrangement of training aimed for core competency, at the same time, strengthening the training in managerial level and talent pools, and assist the career path developments of our employees. Each of our employee will have their own personalized training program to ensure their rights for equality in training and developments.

Talent and Career Developments

FET encompasses the necessary components for the Company's current and future training and development endeavors. This is achieved through internal diagnostics of the organization, analysis of market trends, and understanding customer needs. These efforts align with FET's 3-year digital transformation strategy and talent development direction. Since 2019, our development goal has been focused on cultivating "Big, AI, and IoT (Big Data, Artificial Intelligence, and Internet of Things) talent”. Annually, we conduct thorough reviews of the course content to ensure its comprehensiveness and suitability, making adjustments as needed. This ensures a strong alignment between the Company's strategy and operational objectives. 


In 2023, we will continue to support our colleagues in improving their knowledge and skills in three important areas: work efficiency, industry trends, and industry technology. At the same time, we will also develop a plan for integrating core values and competency models, while enhancing the curriculum for management and professional roles. In order to support FET's commitment to sustainable development, an ESG general lecture was organized to enhance employees' understanding of ESG. The lecture attracted over 300 participants, making it one of the largest events of its kind in recent years. Subsequently, this lecture was also developed into an internal course to consistently enhance employees' awareness and understanding of sustainability issues. Additionally, environmental education promotion was carried out during the all-staff communication meeting, addressing topics such as enhancing energy efficiency management, minimizing waste, and fostering awareness of water efficiency management. In addition, we have integrated essential information for new employees and implemented a comprehensive training program to facilitate their seamless integration and adaptation into the organization.

Main Aspects

Target

2023 Highlights

Management and

Professional Talent

Cultivation

Cultivate the management

and professional talent

needed in the era of digital

transformation

Promote strategies to enhance the intelligence, information, sales knowledge, and skills of our business colleagues.

1. Smart Information Pioneer Training Program The targets of Focus Solution is to target the employees of the Enterprise and International Business Group. Focus Solution has four main pillars: SCS (Smart City), Health (Digital Health Solutions), DTS (Digital Transformation), and Telecom Based SI (Telecommunication/Communication Engineering and Smart Applications). The employees are trained in these areas, covering the basic concepts, processes, sales techniques, and practical application cases of the products. This training helps them acquire the necessary knowledge and skills.  Results: (1) The company achieved increased revenue and met its annual operational goals. The training program resulted in exceeding the performance target for the company's mature market (SCS) by approximately NT$250 million, with an achievement rate of 103%. Additionally, the program exceeded the performance target for the company's emerging markets (Health, DTS, Telecom Based SI) by approximately NT$38 million, with a year-on-year target growth rate of approximately 28.2%, successfully achieving the company's annual business goals. (2) Expand the market size and enhance the company's social influence: Through four major projects, we aim to promote digital transformation towards net zero and 5G innovation applications. These projects have been widely covered by major media outlets, including "FET assists Taipei City in creating a continuous power supply system for traffic signals", "FET signs MOU with Taiwan Community Hospital Association and Clinic Association National Federation", and "Responding to the government's 5G plan, FET extends remote

medical services to Pingtung". These initiatives demonstrate our commitment to ESG and contribute to our positive social image and influence. (3) Business empowerment through training, enhancing professional competence: A total of 79 training sessions were conducted, with 3,552 participants successfully completing the training. This accounted for 210 individuals, which represents 4% of the total company workforce. The average course satisfaction score is 95, which meets the course objectives and achieves the expected training outcomes. It is anticipated that participants will be able to enhance their knowledge and skills, thereby improving organizational learning effectiveness. (4) Provide an opportunity for showcasing talent, nurturing internal excellence: Provide an opportunity where outstanding internal talents can perform and demonstrate their abilities. This not only enhances their professional skills, but also increases their retention rate, stabilizing the company’s business development.

2. FET-APT Merger Store Business Training Program The objective is to analyze the business introduction, inventory personnel capabilities, and training needs of the store sales colleagues in the Channel Business Group. The plan is to identify the three key functional abilities that store colleagues need to possess: "professional ability", "sales ability", and "problem-solving ability". Additionally, we will prepare the necessary knowledge and skills for the merged stores of Yuan Ya, assist store colleagues in implementing store operation plans and programs, resolve customer issues, provide excellent sales and service to customers, and achieve store performance goals. Results: (1) Sales target for retail business achieved: The FET-APT merger retail business training program resulted in an average renewal rate of 170% for both direct and franchise stores of New FET (including transfer and upgrade), bringing significant sales benefits to the company from the FET-APT merger. (2) Increase ARPU and enhance the penetration rate of 5G postpaid users: In the first quarter of 2024, the annual growth rate of total mobile communication users reached 26.6%, with the penetration rate of 5G postpaid users surpassing 39%, solidifying its position as the industry leader. In the first quarter of 2024, the annual growth rate of mobile service revenue reached 18.3%, and the monthly average revenue per user (ARPU) of subscription-based users remained the industry leader. (3) In order to enhance employee Net Promoter Score (eNPS) and customer satisfaction, there was an increase in eNPS by 0.3 points, reaching 95.8, and an increase in Customer Satisfaction Score (CSAT) by 0.01 points, reaching 9.91, in December 2023 compared to November. (4) We cultivated the business capabilities of our store colleagues and enhanced their professional skills through a total of 83 training sessions. These sessions were completed by 10,377 participants (2887 people, which accounted for 56.7% of our company's total workforce). Each person had an average training opportunity of over 100%. The participants gave a recommended course score of 99.4, indicating that we successfully achieved our training objectives.

▶ Function-oriented: Developing the management skills and mindset of mid-level professionals

In order to cultivate and retain the talents necessary for the future of the organization, we have developed the Giant (Growth, Insight, Agility, Network, Targeted) project curriculum. This curriculum is specifically designed for the development of mid-level professionals and is based on an analysis of potential factors derived from management functions and employee feedback. Through team collaboration and in-class exercises, we help mid-level professionals develop a growth mindset, foster agile insights, recognize the importance of collaboration and accountability, and promote positive career development. This contributes to creating a positive learning culture within the organization. The course was completed by 26 individuals, who collectively spent a total of 312 hours studying. The course received an average satisfaction rating of 4.68 out of 5.

▶ Personalized Learning: Enhance self-learning and digital transformation growth

In response to the trend of personalized learning, all colleagues are provided with personal learning planning through online all-platform learning resources, including personal soft power, knowledge of industry trends, and professional technical capabilities. A total of 4,102 students enrolled in courses throughout the year, with an average satisfaction rating of 4.48. This represents a slight increase of 0.03 compared to the previous year. In addition, we will continue to enhance our learning content by offering various activities, including a digital library for reading, micro-learning podcasts for listening, and book clubs for group learning. In addition, monthly learning and development reports were regularly published to help colleagues coordinate the use of resources and make good use of time, improve themselves and shape the organizational culture of learning.

▶ Continuously promotion of the training course for managers

In order to assist professional staff to be promoted to managers and new managers to be competent, the preparation courses for the transition were designed to include the necessary knowledge and abilities for supervisors such as internal audit and control concepts, authorization, counseling, and decision-making at the management level. At the same time, the performance and feedback of the courses will be reviewed every year. As of 2023, seven terms of newly promoted or new managers have been trained, with a total of 204 managers completed the training, and an average satisfaction rate of 4.8.

 

Main Aspects

Target

2023 Highlights

Becoming Diverse

Learning Partners

Construct physical and online

learning channels through

internal experts to transform

into a learning organization

▶ Knowledge creation: in-house lecturers become the training force

Since 2021, FET has cultivated over 60 internal lecturers and conducted more than 200 courses, including the third internal lecturer recruitment and training program launched in 2023. The courses cover a range of topics including work efficiency (such as presentation skills, communication, and coordination), industry trends and technologies in the adult industry (such as VBA, RPA, Tableau), and other related courses. In 2023, a total of 2,162 individuals successfully completed the training courses, achieving an average satisfaction rating of 4.8.

▶ Knowledge diffusion: internal/external education and training

Continuing the theme of digital transformation for the past 3 years, the training in 2023 included three major areas of continuous strengthening of work performance, industry trends and industry technologies. A total of 85 sessions of 33 physical and online courses were provided by both internal and external instructors with 4,058 participants and an average satisfaction rate of 4.68.

▶ Knowledge sharing: encourage the forming of study groups to create the culture of reading and sharing

Encourage colleagues to develop the habit of sharing new knowledge or new technologies. For three consecutive years, colleagues have independently organized study groups, a total of 29 groups have been established, and the website with the results of the study groups is open to colleagues throughout the company.

Encouraging

Innovation and

Skill Inventory

Promoting digital

transformation and

innovation based on the

Big data/AI/IoT”

▶ Skill Inventory, construction and analysis of professional function data

Conduct functional database construction to lay the model foundation for the subsequent professional function inventory and system, and also plan to use the system to build and manage professional licenses to help personnel skill development and digital transformation.

▶ To promote the strategy, initiate training courses for high-profile individuals.

In order to promote the company's strategic goals, we have organized training courses for both internal and external instructors. These courses cover a range of topics including AI, programming software, data science, and machine learning. After completing the training, a total of 2,331 individuals were trained for over 6,000 hours. We provided course training to help colleagues enhance their knowledge and skills in dealing with important matters.

▶ Creativity and innovation, encouraging breakthroughs to create more differences

Organize creative innovation and problem analysis and solution courses for colleagues to help students improve work efficiency through innovative design thinking methods. In 2023, a total of 22 creative innovation and marketing courses were held and 532 people completed the training.


 

Training Results

In 2023, the average training hours of each FET employee were 53 hours, at a cost of NT$13,773,265 and an average training cost of NT$2,704 per person. In response to the era of post-pandemic, the learning content designed and provided during this period were more strategic, learning model more digital and the learning resources more diversified, laying the foundation for the digital transformation of training.

■ Employee Training in 2023 by Type of Training


Type of training Description Number of classes Persons participated in the training Training hours (person-hours)
Compliance & Ethics Courses about the standards and rules, such as internal audit, zero violence workplace, integrity, ethical corporate management, and compliance. 102 22,965 17,835
Management The competency training of management which was necessary for managers. 9 1,071 2,419
Specific employees/managers training New hires, new managers, internal lecturer training or talent development projects. 6 1,096 2,468
Vocational competency Courses related to work efficiency, industry trends, industry technologies, and professional competencies required for digital transformation. 1,382 207,396 212,140
Information and technology security Information communication security, social security, personal data protection, etc. 104 28,070 24,853
Self development training External training and in-service training. 216 345 10,331
Total - 1,819 260,943 270,046

■ Total Number of Employees Trained, Hours of Training, and Gender Distribution in 2023


Gender Female Male Total
Job Grade Total  Average hours of training Total Average hours of training Total Average hours of training
General Employee 2,262 62 2,355 48 4,617 55
Primary Supervisor 39 33 94 45 133 42
Mid-Level Supervisor 105 33 194 34 299 34
Senior Executive 17 33 28 43 45 39
Total 2,423 60 2,671 47 5,094 53

Note: Training hours: the actual number of hours attended by full-time (including former) staff members who have participated in the training courses.

Note: The number of people does not include employees with temporary contract and employees who failed in the courses.

Culture and Organizations

Agile Way - My New Agile Approach

In the New Digital Era, FET introduced "AGILE WAY, An Agile Attitude", this is to encourage employees achieving their goals through ability to adjust their direction in a timely manner, flexibility to utilize resources, respond in a proactive fashion and stimulate new creative ideas in their approaches.

5G-BIG (Big Data, Intelligence, IoT) Talents

Big Data, Artificial Intelligence and IoT are the main focuses of FarEasTone developments in recent years. Committing to digital transformation, creative applications and cultivating talents in the related fields, each employee becomes a driver in our innovation advancement and we build up a wide range of digital life for our customers. 

The Innovation Award has been held for many times since 2018, attracting colleagues from different departments and subsidiaries to participate as teams. Over the past five years, there have been approximately 300 registered cases and nearly 1,500 participants. We believe that through such activities we can stimulate innovative thinking of employees and promote communications and collaborations among different departments. We can turn good ideas into reality and share them with more people, creating greater value. The purpose of the Innovation Award is not just to reward the achievements of individuals or teams, but more importantly, to make the company more innovative and open, encouraging colleagues to constantly try new things, challenge their comfort zones, and make FET an energetic and creative organization through the activities. 
In 2023, a total of 56 teams participated in the Innovation Award. The competition process included initial screening and final presentations. In the end, 6 teams and 2 individuals were awarded as winners, each receiving f coins and a trophy.