Taiwanese petrochemical leader powers nation, and its people.
CPC Corporation Taiwan is a state-owned petrochemical company that was registered in Shanghai on 1 June 1946. The corporation holds the responsibility of developing Taiwan’s energy resources. The company consistently ensures a stable supply of petroleum products despite recurring oil crises, liberalization of the domestic market and fluctuations in produces prices. The organization prioritizes its contribution to Taiwan’s economic progress.
CPC’s scope of business is dealing with all aspects of oil and natural gas throughout Taiwan. This includes exploration and production, procurement and imports, refining, storage and transportation, marketing and sales, and the production of petrochemical raw materials, making the oil and gas pioneer an integral component of the Taiwanese petrochemicals industry.
The more human side of the corporation is demonstrated in how it truly values its employees. Its workforce is accommodated in comfortable working environments, with a well-thought out human development system. Salaries are always paid timely, welfare systems are constantly in check, and professional knowledge training programs are provided, with CPC designing internal training courses for supervisors and team members at all levels.
The average job tenure for employees of all ages was about 18.8 years in 2019. Employees have high organizational cohesion and organizational commitment, with many staying loyal to the corporation until retirement.
CPC currently employs a total of 15,836 people. The company endeavors to bring out the potential of its employees through long-term training and career development. In addition, it strives to improve employee welfare and work incentives by offering life-long learning subsidies, maternity and paternity leave, paid annual vacation, payment for overtime and a pleasant, safe and secure working environment. The human capital turnaround of CPC is low because it believes that happy people make a company successful. The company strengthens on-the-job training at all levels, enhances professional skills and develops multi-skilled employees to enable the optimal utilization of human resources. Furthermore, employees are chosen on a regular basis to go abroad to advance their studies, for research, internships or to participate in seminars that relate to the various needs of the business.
CPC encourages employees to participate in examinations leading to national skills qualifications. The energy giant helps them obtain required professional certifications in fields such as occupational safety and environmental protection. In line with the needs arising from the company’s transformation process, a second-skill training program has been introduced.
The organization also offers learning and development programs to its employees. CPC started the e-Petroleum Institute and the New e-Petroleum Institute online platform to integrate the training system, striving to develop and cultivate employees’ careers. Meanwhile, the promotion of talent focuses on the consideration of professionalism and capabilities, creating a happy workplace with the right person in the right position.
A number of CPC’s business divisions also operate clinics, restaurants, libraries, general stores and other welfare amenities, along with sports facilities such as swimming pools, ball parks and gyms at or near the workplace. These facilities are conveniently located near the workplace. There are scholarships for employees’ children; educational loans for dependents attending college and university; medical subsidies for employees and their family members; wedding, funeral and retirement subsidies; and interest-free emergency loans. The company also chips in to support the activities of employee interest groups dedicated to baseball, bridge, mountain climbing, swimming, painting, film appreciation and other leisure pursuits, in order to provide physical and mental relaxation and boost their morale and sense of well-being at work.
“The human side of CPC is demonstrated in how it truly values its employees. Salaries are always paid timely, welfare systems are constantly in check, and professional knowledge training programs are provided”
Shanggari Balakrishnan, Chief Executive Officer, MORS Group