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are sent to travel abroad for advanced education, research, or

internships, as well as to participate in seminars on a range of

topics relevant to the needs of the business.

As the number of people leaving or retiring from CPC during

recent years has grown, new employees have needed

comprehensive guidance and training to ensure a smooth

transfer of responsibilities. Currently, on-the-job training is

combined with formal training courses. Senior employees

are designated as mentors to help new employees adapt

to their new workplace and responsibilities are rotated each

year to allow them to gain experience in a wide range of jobs

and develop their talent at every level. Seniority requirements

for getting a promotion are shortened for outstanding

managers, lowering the age distribution in management

and motivating those with ambition. With training, each

department reviews its professional skill shortfalls at the

beginning of each year and formulates a corresponding

training plan. Outstanding performers are recruited as

instructors and to pass on their operational experience.

Some departments also make arrangements for on-site or

international learning experiences lasting from several weeks

to a year for younger employees, depending on the needs of

the department. Online learning is also provided to eliminate

time and location limitations. Training courses are digitized

and uploaded to CPC'se-Academy and knowledge archives,

allowing the knowledge and expertise of former employees

accumulated over many decades to be preserved digitally.

With digital learning, new employees can gain professional

knowledge and workplace information without ever having to

step into a classroom.

Boosting employee morale raises

corporate performance

In the matter of employee incentives and benefits, it is

CPC policy to award bonuses based on overall corporate

performance as well as on the scale of contribution and job

performance of the individual employee. All employees

participate in schemes for national health insurance, civil

service insurance, labor insurance, group life insurance and

accident insurance; and consolation payments are made in

cases of job-related injuries, disability or death. In addition,

employee welfare committees organize a variety of welfare,

hobby and entertainment activities.

A number of CPC's business divisions also operate clinics,

company restaurants, libraries, company stores and other

welfare facilities along with sports facilities such as swimming

pools, ball parks and gyms at or near the workplace. There

are scholarships for employees' children; educational

loans for children attending college and university; medical

subsidies for employees and their dependents; wedding,

funeral, and retirement subsidies; and interest-free emergency

loans. The Company also chips in to support the activities of

interest groups such as baseball, bridge, mountain climbing,

swimming, painting and film appreciation, in order to provide

physical and mental relaxation for employees and boost their

morale at work - and, hopefully, their performance as well.

A corporate university: elevating

skill-sets and professional

knowledge

In terms of human resource utilization, CPC has engaged in

organizational and process re-engineering in recent years

and formulated employee rotation policies in order to use its

manpower effectively; it has also recruited young professionals

to inject new blood into the corporate body and provide a

smooth transfer of technical and operational know-how and

competitive skills in response to a wave of retirements. A

human resources training center has been established in

Chiayi and it serves not only as an important center for internal

training and passing on experience but also Taiwan'scenter for

nurturing talent in the energy and petrochemical fields.

Besides using professional qualifications and personal traits in

the selection of executives, CPC also uses management and

leadership development training to help candidates achieve

their full potential and to accomplish its corporate growth

targets. At the same time, the Company is strengthening

on-the-job training at all levels, and has integrated existing

training systems in the establishment of a CPC Corporate

University. The University offers beginner, intermediate and

advanced courses in exploration, refining, marketing and

engineering, the four key areas which comprise CPC'score

competencies. By systematically enhancing employees'

professional skills and helping them develop a broader range

of talents, CPC Corporate University is helping to optimize

manpower utilization. CPC also encourages its employees to

participate in national skill qualification examinations and helps

them obtain professionally-required certification in industrial

safety, environmental protection and other disciplines;

also, in line with the needs of corporate transformation, it is

strengthening secondary-skill training. In addition, employees

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Human Resources