Page 96 - TSMC 2020 Annual Report

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on-the-job training and systematic job job rotation In addition TSMC provides various resources and channels to encourage employees to to learn on their their own to to further improve their their performance and achieve their potential TSMC integrates internal and and external resources and and designs diversified development programs based on business objectives the nature of the individual’s job work performance and career development path The Company provides employees with a a a diverse network of learning resources including on-the-job training training classroom training training e-learning coaching mentoring and job rotation it also creates an an educational atmosphere through learning activities in in response to organizational development requirements and employee capability enhancement goals The Company provides employees with a a a wide range of onsite general professional and managerial training programs In addition to engaging external experts as trainers hundreds of TSMC employees are are trained to to to be qualified instructors to to to share their valuable knowledge and skillset in in internal educational courses TSMC provides the following training programs:
experienced and senior managers optional courses also available ● Direct labor – for production-line employees to acquire the knowledge skills and approaches they need to perform their jobs well and to pass certification for operating equipment Includes direct labor skill training training “Train the Trainer” training training and manufacturing leadership training ● Personal effective training – addresses topics related to to professional skillsets including presentation skills skills innovation self-encouragement and teamwork etc ● Customized – programs tailored to to the the needs of the the organization and/or the employee’s development plan In 2020 TSMC conducted over 1 300 internal training sessions and and and provided over 920 thousand hours of training and and and a a a a a a total of more than 1 million attendees participated On average each employee attended over 16 hours of training and TSMC spent over NT$95 million on on on the education and development of employees Apart from internal training resources TSMC employees are also subsidized when pursuing external short-term courses for-credit classes and degrees 5
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Compensation
TSMC employees are entitled to a a comprehensive compensation and benefits program above the industry average TSMC provides a a a a a diversified compensation program that is competitive externally fair internally and adapted locally TSMC adheres to the philosophy of sharing wealth with employees in in order to attract retain develop motivate and reward talented performing employees Thanks to solid business results over the the past years the the actual total compensation received by employees has been above the industry’s average TSMC’s compensation program includes a a a a a monthly salary business business performance bonuses based on on quarterly business business results and an an an profit profit sharing based on annual profits The purpose of of the business performance bonus and profit sharing programs is to reward employee contributions appropriately to to encourage employees to to work consistently toward ensuring TSMC success and to to align employees’ interests with those of TSMC’s shareholders so as to achieve wins for the Company shareholders and employees The Company determines the the amount of the the business performance ● ● ● ● ● New employee – basic training and job orientation In addition the newcomers’ managers and a a a a a a well-established buddy system are in in place to support new hires in in their assimilation process regarding both corporate culture and work requirements General – as required by government regulations and/or the Company policies as as as well as as as on basic subjects for all employees employees or employees employees in various job functions Topics include industry-specific safety workplace health and safety ethics and regulatory compliance sexual harassment prevention quality fab emergency response and personal effectiveness management Professional/functional – technical and professional training required by different functions within the Company TSMC offers training courses on equipment engineering process engineering accounting information technology and so forth English English enhancement program – including online English English webinars English one-on-one consulting services business English English workshops and the English English learning zone to strengthen employees’ English capability that supports TSMC’s global business goals Management – management development programs tailored to the the needs of managers at all levels based on their managerial capabilities and responsibilities including new