Fubon Financial

Fubon Financial Holdings, Fubon Life, and Taipei Fubon Bank have all been recognized with the “Parenting Friendly Enterprise Award”

The Department of Labor of the Taipei City Government held the second “Parenting-Friendly Enterprise Award” ceremony today (the 8th). Fubon Financial Holdings and its subsidiary Fubon Life were honored for the second time, while Taipei Fubon Bank received the award for the first time this year. Taipei Fubon Bank also won the “Single Excellence Category - Childcare and Parental Support Network and Measures Project,” demonstrating that Fubon Financial Holdings and its subsidiaries' efforts to create a childcare-friendly workplace have been widely recognized.

Richard M. Tsai, Chairman of Fubon Financial Holdings, stated that Fubon Financial Holdings is actively implementing the four major ESG sustainability strategies established in 2021. In terms of creating a friendly workplace environment, the company is following the “empowerment” strategy to continuously promote comprehensive employee care and build a workplace environment conducive to childcare, thereby enhancing the health and well-being of all Fubon employees. We are grateful for the recognition from the Department of Labor, Taipei City Government. In the future, Fubon Financial Holdings and its subsidiaries will persist in fostering a welcoming and inclusive work environment. We will enhance the physical and mental health of our employees by providing extensive care and support, demonstrating positive energy and setting an example for a joyful workplace.

Fubon Financial Holdings and its subsidiaries continue to promote a diverse and inclusive workplace. To assist employees during childbirth, we provide a maternity leave of 10 weeks, surpassing the legal standards, in addition to 8 days of prenatal leave, 8 days of accompanying prenatal leave, and extra paternity leave. Moreover, a childbirth subsidy of NT$100,000 is offered for each newborn, and the childcare subsidy for children under 6 years has been raised to NT$24,000 per year. In 2024, Fubon Financial Holdings and its subsidiaries have supported over 4,800 individuals, allocated more than NT$172 million, and celebrated the arrival of over 760 new Fubon babies.

At the same time, Fubon Financial Holdings continues to optimize its employee stock ownership trust. Starting in 2025, the company will add new tiers based on job level and increase the contribution amounts for each tier. It is expected that the annual public contribution will exceed NT$800 million, representing an increase of more than 60%. This will enhance employee loyalty and sense of belonging to establish a positive model for a happy workplace.

Fubon Life fosters a strong and balanced work environment that benefits both employees and management for fulfilling the principle of “be positive enrich life”

Fubon Life is committed to promoting labor-management harmony. In May 2024, it signed a collective agreement with the union, which includes several labor conditions and benefits that exceed legal requirements, similar to those of its parent company, Fubon Financial Holdings. Additionally, it offers various benefits such as accident care funds for workplace and external incidents, occupational disease care funds, and employee stock ownership trusts. In 2024, Fubon Life distributed over NT$100 million in maternity and childcare allowances, supporting a total of 2,697 children of Fubon employees.

Fubon Life indicates that a company's competitive advantage is derived from its positive and engaged employees. It is essential for labor and management to establish a foundation of mutual respect and trust for sustainable development to occur. The various labor conditions and employee benefits that surpass legal standards are a tangible reflection of Fubon Life's commitment to employee care and support, ensuring their rights are thoroughly protected. This not only propels corporate progress but also serves as a significant reference point for the insurance industry. The company is dedicated to maintaining stable labor relations and a harmonious workplace, embodying the corporate philosophy of 'be positive enrich life.' Moving forward, Fubon Life will persist in promoting a diverse, equitable, and inclusive DEI corporate culture, aimed at enhancing employee well-being and engagement, while diligently pursuing the important mission of social sustainability, thus creating a happy enterprise that embodies 'healthy living, enjoyable work, joyful learning, and warm public service.'

Taipei Fubon Bank creates tangible sense of happiness and builds a comprehensive parenting support network

Taipei Fubon Bank is committed to promoting comprehensive employee care. The bank not only offers maternity leave and benefits that exceed legal requirements but has also launched the "Maternal Health Protection Program for Female Employees" since 2016. This initiative provides maternity consultation, care, and blessings for expectant employees. In 2024, the bank supported 241 pregnant and postpartum colleagues and continues to hold parenting education seminars, inviting experts in pediatrics, parent-child relationships, and child-rearing to share parenting skills. By providing professional resources, the bank aims to enhance support for parenting and create a family-friendly workplace.

Meanwhile, Taipei Fubon Bank has extended this sense of happiness to remote areas. Starting in 2023, the bank has annually encouraged employees to donate school supplies, books, toys, and other items that are 80% new, to support the happy growth of indigenous children in remote areas and promote social well-being. This initiative has been recognized with the “Outstanding Single Project Award – Childcare and Parental Support Network and Measures Category.” Taipei Fubon Bank stated that a child-friendly workplace environment is no longer an optional benefit for companies but a critical investment for sustainable business operations. Only when employees have no concerns can they fully commit to the company's goals and drive toward stable operations. The bank will continue to invest resources in improving the workplace environment to create a “tangible sense of happiness” for its employees.