Diverse Recruitment

Nan Pao recognizes that a quality workforce is essential to its success. We have established a fair and equitable human resources system and a sound internal organization to empower ourvemployees. We treat all applicants and employees equally, regardless of race, gender, age, religion, nationality, or political belief. Adhering to our belief of "valuing talent and putting people first," we provide equal employment opportunities.

To attract a diverse talent pool, we actively utilize various recruitment channels such as social media, internships, on-site job fairs, and university collaborations. We also participate in university-industry collaborations and offer short-term internships and cooperative education programs to students. These initiatives allow students to gain practical work experience and apply their knowledge, facilitating a smoother transition into the workforce.

 

Caring for Employees with Disabilities

Nan Pao values diversity among its workforce. In Taiwan, Nan Pao employed nine employees with disabilities in 2024 (representing 1.23% of total employees), in compliance with the legal requirements under the "People with Disabilities Rights Protection Act." We also respect employees' religious beliefs, cultures, and customs and have never experienced incidents of workplace discrimination, human rights violations, or infringements on employees' rights to work.

\The Nan Pao headquarters is located in Xigang District, Tainan City. When there are vacancies, priority is given to hiring qualified local candidates to increase employment opportunities within the local community.

 

    

Photo:Internship for disabled employees                                               Photo:College student internship

 

Employee Composition and Retention

As of 2023, the Nan Pao Group has a total of 3,142 employees. The Taiwan headquarters employs 695 people, including 181 female employees and 514 male employees. As of 2024, Nan Pao Group employs a total of 3,333 people. At the Taiwan headquarters, the total number of employees is 734, with 205 female employees and 529 male employees. In recent years, Nan Pao has actively promoted a gender-equal working environment to attract more female employees. In 2024, the proportion of female managers increased by 1.43% compared to the previous year (from 13.92% to 15.35%). Given the labor-intensive nature of the chemical industry in which Nan Pao operates, over 70% of employees are male.

 

In terms of age distribution, more than 70% of employees at Nan Pao in 2024 were between 30 and 50 years old, representing the prime working-age population. Nan Pao recognizes that a diverse workforce enhances corporate resilience and contributes to overall business performance. Therefore, the company continues to foster a diverse and inclusive workplace environment and aims to further increase the proportion of female employees, female managers, and foreign managers, maintaining its commitment to a genderfriendly workplace.

 

Nan Pao values employee diversity in terms of nationality and composition, with each operational site primarily employing local staff. 

 

Distribution of Employee Numbers of Nan Pao Taiwan

 

Distribution of Employee Numbers of Nan Pao Group

 

Female Leadership in Nan Pao Group

 

The Company is committed to promoting and implementing gender equality, working to narrow gender gaps through institutional measures. In terms of workforce diversity indicators, women accounted for 29.58% of total employees in Nan Pao Group, while women in management positions represented 15.35% of total management roles. Furthermore, women in senior management positions accounted for 8.57%, an increase of 3.31% compared with 2023.

 

These results demonstrate the Group's continuous efforts to advance diversity within management levels. Looking ahead, Nan Pao will continue setting progressive targets to further enhance gender representation and foster a more gender-inclusive workplace

 

Global Leadership at Nan Pao Group

 

Emplyee-management Communication

Nan Pao holds labor-management meetings every quarter in compliance with the law, where representatives from both the employer and employee sides communicate and exchange ideas with sincerity to manage labor relations, value and respond correctly to employee opinions, and effectively coordinate labor-management relations to promote cooperation. For decades, the company has upheld the belief of "harmonious labor-management relations, mutual benefit" to promote and advance labor-management relations. The company follows all labor laws and regulations, including the Labor Standards Act, Occupational Safety and Health Act, and Labor Insurance Act. In addition to these laws, Nan Pao maintains an obstacle-free labor-management communication channel, with 51% of employees participating in the union, and the union leaders regularly holding meetings with company representatives. The company also invites the union chairman to participate in business meetings to provide employees with a comprehensive understanding of the company's operations and direction.

 

Family-Friendly Policies

Nan Pao has partnered with high-quality childcare facilities near our factories to provide discounted childcare services for our employees. To support the government's childcare leave policy, employees may apply for childcare leave in accordance with the Gender Equality in Employment Act and its implementing regulations. Employees can also apply for an extension or early return to work based on their individual needs. During childcare leave, employees can maintain their labor insurance and health insurance coverage. Nan Pao is committed to protecting maternal rights and creating a friendly work environment for all employees. Our factory nurses actively care for pregnant employees, assessing and suggesting necessary adjustments to the work environment. In compliance with Taiwan's Gender Equality in Employment Act, we have established lactation rooms and provide maternity and paternity leave in accordance with the regulations of each operating location.

 

Employee Welfare

Nan Pao has an employee welfare committee, and all company welfare expenses in Taiwan are allocated according to statutory contribution rates, which include 0.5% of salaries, 0.11% of revenue, and 30% of the sale of scrap materials, used to organize various welfare activities for Taiwanese and foreign employees. Welfare expenses for overseas business locations are based on local regulations. The allocation of expenses for each branch of the employee welfare committee in Taiwan is decided by its members and employees and includes organizing regular travel activities, Labor Day lottery draws, club activities, health checkups, scholarships, various bonuses and gifts, and employee group insurance.

 

Employee Benefits Measures

To build employee cohesion and foster healthy recreational activities after-work, the Company highly encourages employees to participate in after-work activities. For instance, the founding of the badminton club and golf club helps employees enhance their physical well-being and connect with coworkers through weekly training. Employees are able to foster positive ties with coworkers, which further help them establish better teamwork at work.

A. The Company has established a comprehensive leave policy that complies with relevant regulations and ensures effective leave management. In addition to the statutory leave entitlements provided by applicable laws, the company monitors the utilization rate of annual leave in each department and encourages employees to balance their work and personal lives.

B. To help employees balance work and family responsibilities and address commuting safety concerns, the company implements flexible working hours during peak commuting times. This initiative aims to reduce tardiness and absenteeism while enhancing employees’ autonomy in managing their work schedules.

C. Employees are entitled to labor insurance, National Health insurance and group insurance on the first day of work.

D. The Company has set up a "benefits trust fund program" to provide relative incentives to purchase company stocks in the form of trust fund to establish personal short-, medium- and long-term flexible capital utilization or financial planning.

E. Apart from the basic salary, also available are the annual bonuses such as Mid-Autumn Festival, Dragon Boat Festival and Spring Festival bonuses. Based on the Company's profitability, various incentive programs are designed according to different positions, and the profit and surplus are shared with employees to achieve the purpose of attracting, retaining, motivating and cultivating high-quality talents in a planned way.

F. The Company’s Employee Welfare Committee is organized to take care of employees' lives, promote their wellness, and maintain a harmonious labor-management relationship. The committee is responsible for the planning and organizing of staff benefits and various activities, such as celebration of festival, club activities, and employee outings. Other benefits and subsidies include those connected to emergency assistance, in hospitalization, weddings, funerals and other events.  

 

Disclosure of Gender Pay Gap

Nan Pao Taiwan conducted a comprehensive analysis of its gender pay gap in 2023, comparing salaries for both managerial and non-managerial positions. The results indicate no significant difference in annual salaries between male and female employees, regardless of their job level. For entry-level positions, all new hires receive the same compensation. Additionally, for candidates with relevant experience and qualifications, salaries are determined based on factors such as education, experience, and certifications, without any discrimination based on gender or ethnicity. Using female salaries as a benchmark of 1.0, the average salary for male managers is 0.93, and for non-managerial males, it is 0.96.

Nan Pao Resins offers a competitive compensation package that is not influenced by factors such as age, gender, or race. Our average salary is higher than industry standards. We adhere to the principle of profit sharing to attract top talent, motivate existing employees, and foster a sense of ownership. Nan Pao Resins Group（ including the Taiwan headquarters and overseas subsidiaries ）fully complies with local labor laws and regulations regarding employee compensation and benefits. In 2023, there were no violations of employee pay or benefits in any of our operating locations.

 

Nan Pao Taiwan Gender Pay Ratio

 

 

Retirement system and execution 

A. The Company has provided Retirement Policy.

B. The Labor Pension Fund Supervisory Committee was established in accordance with the law. Retirement funds are withdrawn monthly and deposited in the trust department of the Bank of Taiwan.

C. Starting from July 2005, the new pension system was implemented in accordance with the law. According to the monthly salary grading table of labor pension payment, 6% of the employee's monthly salary will be paid to the employee's personal account of the Labor Insurance Bureau on a monthly basis.

D. According to the provisions of International Accounting Standard No.19, the actuary is required to conduct evaluation on the pension reserve fund, and submit an actuarial assessment report.

Retirement pension system	Old system	New system
Applicable law	Labor Standards Act	Labor Pension Act
How to allocate	Monthly allocation of retirement reserve funds (15% allocation rate) to the special purpose account of Taiwan Bank.	Following the monthly salary-based contribution table for labor retirement funds, we allocate 6% of each employee's monthly salary to their individual account at the Bureau of Labor Insurance.
Amount of allocation	As of January 1, 2025, the balance in the Labor Retirement Fund Account is New Taiwan Dollars 361,064 million.	The allocation for 2024 is NT$26.082 billion

 

Health and Wellness Initiatives

In addition to regularly organizing activities, Nan Pao encourages employees to participate in clubs, providing various opportunities to relax and rejuvenate outside of work. This helps maintain a work-life balance and promotes physical and mental health. Participation in these activities also fosters better connections with colleagues, family, and the local community. Nan Pao supports the establishment and participation in clubs, and so far, employees have independently formed golf, badminton, basketball, jogging, and music-related clubs.

     

Photo: Golf club                                                                                         Photo: Foreign Employees soccer match