Employee Care
FENC offers broad arrays of welfare benefits as appreciation for employee's contribution.
Employee Welfare
FENC has established an Employee Welfare Committee to conduct regular discussions regarding the formulation and planning of employee welfare programs with the committee members providing oversight for fund allocation. The regular committee meetings, satisfaction surveys and labor relations meetings make sure that employees’ voices are heard, and their welfare is enhanced. While satisfying employees’ needs in various aspects, FENC supports their pursuit of work-life balance and focuses on talent retention, which also improve the overall work efficiency.
Welfare | Detail |
Allowance | Employees receive allowances for marriage, childbirth and funeral expenses. In 2025, a total of 69 employees applied for marriage and childbirth allowances and received NT$105,000. |
Group Activity | Employees may choose to join a multitude of sports and exercise groups at FENC, including basketball, badminton, table tennis, yoga, aerobic fitness and basic rhythmic exercises. They are encouraged to participate in group activities outside of work to enhance team building, promote physical and mental health and achieve work-life balance. |
Employee Assistance Program (EAPs) | FENC signed agreements with Far Eastern Memorial Hospital (FEMH) and additional mental health clinics to offer employees psychiatric counseling services. Counseling services are also provided through clinics in partnership with county and city governments, helping employees deal with mental stress and negative emotions with mental health support from health professionals. |
Flextime |
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Maternity-friendly Environment | Breastfeeding rooms are provided at all FENC sites to offer comfort and privacy to female employees with breastfeeding needs. |
Parental Leave |
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Chartered Child Care | Child care is provided through contracted local services, giving employees’ children proper care in a safe environment. |
Student Scholarship | To advocate and encourage children’s right to education, employees may apply for student scholarships for all their children, and the applications are accepted twice a year. |
Employee Discount | Discounts are offered at banquet venues of Far Eastern Group (FEG) affiliates such as Far Eastern Shangri-La Hotel and Mega50, and department stores such as Far Eastern Department Stores and Far Eastern SOGO. |
Regular Health Checkup | Free comprehensive health checkups are offered every two years, and optional health checkup packages are available through a partnership with FEMH at discounted rates. |
Group Insurance | Insurance coverages are provided, including life insurance, accident insurance, medical insurance and cancer insurance. |
Lunch Allowance | Meals or allowances are provided at all FENC sites. |
Retirement Planning
We support employees’ pursuit for a new life after retirement. Therefore, prior to retiring, we assist them with proper financial, social and recreational transition. FENC follows all regulatory requirements in terms of establishing the retirement system and ensures full pension coverage for all employees. Please refer to Notes 17. Retirement Benefit Plans in Financial Report and Notes 23. Retirement Benefit Plans in Consolidated Financial Report for annual funds appropriated for the retirement pension.
FENC has a re-employment system in place for retired employees as a mechanism to pass down industry know-how, expertise and experience. The system is also a means to show FENC’s profound respect for employees and shape the corporate culture. The Company rehired a total of 40 retirees in 2025. In addition to stabilizing business growth, the approach allows the aging workforce to continue their contribution while developing a higher sense of belonging and loyalty among current employees.
Region | Detail | % of Employee Enrollment |
Taiwan | FENC has established the Employee Pension Committee as required by law. The committee convenes regularly to provide oversight over the utilization of pension funds. Over 50% of the committee members are labor representatives, and external professional consultants are commissioned each year to conduct actuarial assessments on cost-liability. Additionally, as stipulated by the new labor pension system, employees make a 6% deduction from the payroll for their pension contribution. Employees with years of service accrued under the superseded pension system may still make pension withdrawals in accordance with the regulation. | 100% |
Mainland China | Employees are enrolled in the social insurance in accordance with the Social Insurance Law of the People's Republic of China. The source of employee pension is the endowment insurance under this system. Production sites in mainland China contribute 16% to the pension fund. | 100% |
Vietnam | Employees are entitled to pension payments as stipulated in the Law on Social Insurance. FENC sites calculate the insurance premium based on labor wages and allowances and contribute 17% for the social insurance. | 100% |
Japan | The current retirement age at FIGP is 60. However, employers in Japan are required by law to provide the option of employment extension for workers between the ages of 60 and 65. Though retirement pension is not mandatory for employers in Japan, FIGP established a pension system applicable to all permanent employees, which pays retirement benefits based on retirees’ seniority in length of service and rank at the time of retirement. Upon employees’ completing three years of employment, FIGP starts matching employee contribution to ensure their financial security after retiring. | 100% permanent employees |
U.S. | The 401K system applies to FENC sites in the U.S., and employer contribution kicks in upon the end of the probation period. Specific rules and regulations are stipulated in the union agreement, which is updated every three years. Based on seniority, employees’ monthly contribution is between 2.5% to 7.5% to help protect their long-term financial health. | 100% labor union members |
