Fi­nan­cial com­pa­nies of­fer shares to re­tain tal­ent

The China Post - - LOCAL - BY LAURA LIN

Li Jheng-guo ( ), E. Sun Bank’s ( ) dig­i­tal fi­nance di­rec­tor said yesterday that the com­pany gives its em­ploy­ees salaries that are higher than other bank­ing in­sti­tu­tions, and that in or­der to en­cour­age em­ploy­ees make longterm com­mit­ments to the com­pany, it holds an em­ployee stock own­er­ship trust that of­fers share­holder rights in the com­pany.

Apart from E. Sun Bank, Fubon Fi­nan­cial Com­pany ( ) and CTBC Bank ( ) also re­port- edly hold em­ployee stock own­er­ship plans so that em­ploy­ees can share the fruits of the com­pany’s de­vel­op­ment. How­ever, terms re­gard­ing the plans vary.

E. Sun Bank also of­fers in­tern­ship op­por­tu­ni­ties to ten univer­si­ties na­tion­wide with the hope of de­vel­op­ing a suit­able work­force. In lieu of hunt­ing staff from other com­pa­nies, train­ing and re­tain­ing a tal­ented group of em­ploy­ees is the key to the long-term de­vel­op­ment of a com­pany, Li re­marked.

He ob­served that Tai­wanese stu­dents care very much about the in­dus­try, but they lack pro­fes­sional train­ing to meet the de­mands of busi­nesses. Con­cern­ing the sit­u­a­tion, E. Sun Bank pro­vides a se­ries of train­ing ses­sions for those ap­ply­ing for dig­i­tal fi­nan­cial jobs. The ses­sions in­clude six months of ba­sic skills train­ing and six months of pro­ject train­ing, Li said.

When asked about the min­i­mum salary of new em­ploy­ees, Li said that what counts in the job mar­ket is not the salary, but that all tal­ented and as­pir­ing peo­ple get­ting a chance to shine. He en­cour­aged stu­dents to join the com­pany af­ter they are men­tally pre­pared for the ca­reer and the hin­drances they are sure to meet along the way, adding that the salary will in­crease in pro­por­tion to their con­tri­bu­tion.

Li also said that E. Sun Bank pro­vides its em­ploy­ees with a clear pic­ture of their ca­reers, show­ing them the mul­ti­ple tasks they are to face and mile­stones to achieve. It’s like af­ter a stu­dent is en­rolled in col­lege, he will know what re­quired cour­ses he should take and what should hap­pen if he fails, Li quipped.

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