FENC Had Five Consecutive Wins in the HR Asia Best Companies To Work For In Asia, Earning the Gold Award

Amidst the wave of global companies competing for talent, accelerating innovation, and pursuing sustainable transformation, Taiwan's leading textile company, Far Eastern New Century Corporation (FENC), has once again achieved remarkable results, winning the “Best Companies To Work For In Asia ” award from HR Asia, Asia's authoritative human resources media, for the fifth consecutive year and taking home the highest honor, the “Gold Award”.

The HR Department of FENC Received the Award on behalf of the Company (Photo Credit: FENC)

This honor is not only a high recognition of FENC's “people-oriented” philosophy, but also reflects its performance in four key areas: “Diversity, Equity & Inclusion”, “sustainable workplace”, “employee care”, and “technology empowerment”. The company stands out in the highly competitive global market and maintains its leading position in the industry.

With more than 75 years of deep roots in Taiwan, FENC has always adhered to the belief that “if you treat your employees well, they will be loyal and willing to contribute.” The company believes that the true key to retaining talent lies not merely in generous salaries and benefits, but in creating an open, communicative, and caring workplace culture. To listen to employee feedback, the company conducts global employee satisfaction surveys every two years, with results directly reported to the chairman. If any areas show low satisfaction, the human resources department immediately initiates improvement actions, demonstrating the company's high regard for employee opinions and its commitment to swift response.

In the wave of digital transformation, FENC is actively cultivating AI talent through the “AI Smart Academy” systematic training program to comprehensively enhance employees' digital thinking and application capabilities. Senior executives are personally involved and encourage cross-departmental participation in various “AI innovation proposal competitions”, ensuring that innovation is not just a slogan but an integral part of daily operations. Facing labor shortages, FENC has chosen to focus on “talent retention” by promoting an “Employee Stock Ownership Trust Program”, with the company subsidizing stock purchases. In 2024, participation reached 95%, with accumulated assets exceeding US$52 million, symbolizing the company's long-term commitment to sharing results and building a future together with its employees.

FENC also understands that an excellent workplace must not only focus on work performance, but also value the physical and mental health and quality of life of its employees. In addition to regular health checkups, the company provides comprehensive support through its Employee Assistance Programs (EAPs) and cooperates with Far Eastern Memorial Hospital and external psychological counseling units to help employees adjust to psychological stress and emotions, so that “work-life balance” is no longer just an ideal, but a tangible daily experience. In terms of diversity, equity and inclusion, FENC has taken concrete actions across gender equality, cultural integration, intergenerational harmony, and support for older employees. Through real employee stories, the company strengthens its internal culture and communicates its values externally, continuously fostering team cohesion.

In addition to receiving the Gold Award in HR Asia’s “Best Companies to Work For in Asia,” FENC has also earned numerous other accolades, including the “Taiwan Corporate Sustainability Award,” the “CommonWealth Excellence in Corporate Social Responsibility Award,” and the “CommonWealth Sustainable Talent Award” from CommonWealth Magazine. The company has further been recognized with the “DEI-Friendly Mature Workforce Employer Award” from 104 Job Bank and Business Weekly, the “Best Employer Brand Award” from 104 Job Bank, the “Happy Company Gold Award” from 1111 Job Bank, the Taipei City Government’s “Friendly Enterprise Certification for Middle-Aged and Elderly Individuals,” and the “Learning Champion Gold Award” from LinkedIn Learning. These honors collectively demonstrate the company’s outstanding achievements in ESG, talent strategy, talent development, and human resource management.

In a highly competitive talent market, FENC continues to build an ideal workplace where people are trusted, willing to work together for the long term, and grow together, with integrity, diligence, simplicity, prudence, and innovation as its core values, steadily moving toward its next sustainable milestone.