Talent Attraction and Retention
Under the challenges of the post-pandemic era and the transformation of talents from the new generation, Advantech has gradually adjusted and developed diverse and flexible recruitment methods to cope with changes in the talent market. We take “Right People on the Bus” as the core concept of recruiting talents, and emphasize the trait of “Altruism”. We adopt the strategy of “we first find the right person and then decide what he or she should do”, and let the right key talents work with Advantech to create a vision together. Also, professionals who possess innovative potential across a range of fields and functions by means of diversified recruitment channels and flexible recruitment projects are attracted to join the Advantech family. Advantech's goal is to attract, cultivate and retain altruistic and enthusiastic talents by providing outstanding talents with unlimited development space and diverse possibilities.
Advantech Featured Recruitment Program - Elite Series
With the core idea of “Right People on the Bus,” Advantech utilizes the Elite Program to foster a deeper mutual understanding between the company and talented individuals. The Elite Program aims to identify critical talents (A Talents) and offers tailored recruitment activities based on different talent backgrounds. These activities range from industry-academic internships and entry-level positions to experienced industry professionals. Through a diverse range of Elite Program recruitment activities, Advantech invites targeted key talents to join the company.
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Elite program
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Elite Champion - Recruit high-potential elites with more than three years of experience
For the recruitment of high-potential industrial elites with more than three years of experience, talent identification will be conducted via phone interviews and pre-ranking before the event, and executive-level supervisors will be invited to participate in on-site interviews on the day of the event to identify and recruit A Talents. -
Elite100 - Training and recruitment of talents with less than three years of work experience
For the training and recruitment of entry-level talents or graduates with less than three years of work experience, executive-level supervisors will share Advantech's cultural values and career directions. The session will be conducted in the form of group interviews (preliminary face-to-face interviews) to discover outstanding talents for various job positions. Thereafter, a secondary interview will be carried out to select outstanding talents. -
Elite100 internship - Undergraduate junior, senior, and graduate internship project
The internship program for undergraduate juniors, seniors, and graduates allows Advantech to reach out to promising students in advance. By observing their performance during the internship, the Company can consider whether to extend their internship or offer them full-time positions.
Internal employee referral
In response to the challenges of talent transformation among the new generation and the difficulty in manpower recruitment, Advantech also strives to diversify its talent recruitment channels and has devised improvement plans for its recruitment strategies. Recognizing the high suitability of candidates referred by internal employees, Advantech substantially increased the internal talent referral bonus at its headquarters in Taiwan in 2023. The referral bonus was raised from NTD 10,000~20,000 to NTD 15,000~30,000 (depending on the job position of the referred candidate).
Talent Retention
Advantech products are available in small quantities and are diverse, emphasizing the industrial characteristics of innovation and flexibility. In addition, we have global operations to provide cross-field transfers, cross-border cooperation, and overseas work opportunities. Therefore, our employees are provided with multiple choices in their career path. Also, mechanisms such as promotion, performance appraisal, and employee development plans are continuously optimized to provide a stage for career development. Advantech launches a comprehensive of education and training courses to cultivate and cultivate outstanding talents. Also, we participate in market salary surveys to provide market competitive salaries. The selection of outstanding employees is held every year to affirm the outstanding performance of employees and enhance their sense of belonging. Moreover, Advantech is also committed to supporting employees' lives. Our colleagues are encouraged to learn with innovation, experience life, and give back to the society after working (please refer to Section 5.2 Employee Communication and Benefits) through Advantech's Happy Life ABLE Club. Employees are supported to meet the needs of long-term development and growth through rich and diverse programs.
Diversified Career Development Opportunities
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Multinational Cooperation/Overseas Job Opportunities
Advantech's operations around the world can support the international development of our employees, and encourage our employees to post job vacancies at locations around the world. In addition, our employees at the headquarters can also cooperate with colleagues from different countries around the world to connect with international standards. Employees are provided with opportunities to broaden their international horizons and accumulate international perspectives in terms of working environment and development. Besides colliding with the perspectives of international teams, talents who embrace diversity and open their minds are cultivated to become more creative problem solvers and value creators. Advantech also encourages the conduct of cross-border projects so that participating employees can gain valuable experience.
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Internal Transfers – My Career +
Advantech supports employees in their long-term career development within the Company. The senior management has taken the initiative to shape a corporate culture that encourages internal transfers. Since the official implementation of the global human capital management system, Workday, in 2023, the internal transfer mechanism, My Career+, has become more streamlined, providing employees with channels for skill growth and expansion through a more open and transparent process. In turn, this helps them to broaden their horizons, thereby cultivating cross-departmental talent. My Career+ facilitates the transition process, not only promoting internal talent mobility and training all-round outstanding talents but also furthering the objective of talent retention.
Development Program
Talent is the key dynamic of enterprise growth. Advantech regards employee cultivation and development as an important development project. We are committed to creating a working environment which can stimulate the enthusiasm of colleagues, develop the potential of individuals and teams to encourage employees to actively explore their potential and create an environment for continuous self-learning. The physical training program includes LEAP Camp, Elite LEAP Workout, reading club, and other physical training and development activities. In addition, Advantech continues to improve its comprehensive digital learning platform "Advantech Academy". In order to strive for excellence, the courses on the digital platform are diversified. It includes training courses for various levels of functions, inheritance and sharing of business philosophy, and training for middle and high-level management personnel. Advantech’s staff create exclusive learning lists to be able to study anytime and anywhere according to individual needs.
In 2023, employees at Advantech headquarters (including headquarters business units, support units, and Advantech Taiwan), China, Japan, Korea, Europe, and the US accounted for over 80% of the Company’s global workforce (excluding contract and intern staff). The total training expenditure amounted to NTD 23,179,814, with an average training cost per employee of NTD 2,807.97. The total course training hours (both online and offline) were 776,399 hours (offline education and training included headquarters and Advantech Korea), with an average of 94.1 hours of online course training per employee.
To further promote internal talent mobility, the Company will continue to optimize the transfer, rotation, and secondment mechanisms in 2024 to increase employees' opportunities for horizontal growth and enhance their experience in this regard, while cultivating versatile talents under the IDP (Individual Development Plan).
In 2023, the utilization rate of the e-learning platform continued to rise. The HR department will integrate Advantech's Corporate Strategy Transformation 2030 (CST 2030) vision and focus on four major education and training aspects of "leadership management, professional competence, general corporate knowledge, and new hires orientation" to formulate a structured training system based on job functions. Furthermore, the Advantech Academy will be transformed and restructured to further enhance the user experience. In 2024, in addition to increasing the utilization rate of the digital learning platform, the Company will plan and launch more diverse and enriched offline training activities.
2023 Employee Training List
Aligning with the CST 2030 Vision, Advantech developed a structured training system based on competencies.
