Focusing on Diversity and Inclusion, Work-life Balance, and Career Development
foodpanda Taiwan won “Best Companies to Work For” in the 2023 HR Asia Awards. This recognition underscores the company’s commitment to creating an ideal work environment, concentrating on diversity and inclusion, work-life balance, and career development.
The accolade isn’t easily achieved. At foodpanda, employees are inspired to exchange innovative and creative ideas. They’re also granted ample resources to continuously refine their skills and reach their ambitions. Furthermore, the company’s leave policy, which includes “panda leave” and “recharge leave”, fosters a comfortable workplace environment where employees feel a sense of belonging.
Diversity and Inclusion Isn’t Just a Slogan
Colleagues from 11 Countries and Half of Senior Executives are Female
foodpanda believes in its breakthroughs to diverse thinking, abilities, and cultural backgrounds. To actualize this belief, foodpanda set up a Diversity and Inclusion Committee, which listens and exchanges ideas from staff of various levels, genders, and cultural imprints. The approach is also implemented in recruitment, with employees currently hailing from 11 countries and more than 55 ethnicities.
In contrast to traditional tech firms that often lack a chorus of varied voices, foodpanda breaks the mold, leaving behind any gender stereotypes or other biases. The company champions equality, ensuring every individual has room to grow, irrespective of their background. With over 60% of the female employees and more than half of the female senior management, showcasing their positive attributes of active listening and empathy.
Work-Life Balance Is Just a Basic
Extra “Recharge Leave” and “panda leave” All You Can Use
foodpanda appreciates the importance of work-life balance. Beyond national holidays, every employee has 6 days “panda leaves”, 3 days “recharge leaves” and birthday and Christmas leaves for rest or personal development. foodpanda surprises its employees with an extra compensatory leave on the day after the FIFA World Cup finals! The office is also equipped with various recreational facilities including massage chairs, pool tables, and snack bars to promote team cooperation.
Personalized Career Planning for Continuous Growth Without Changing Jobs
foodpanda develops an individual development plan for every employee, tailoring work assignments to their skills and career aspirations. There are plenty of opportunities for cross-department collaboration and mutual learning. Additionally, employees can apply for internal transfers, and the success rate is as high as 95%. “I wasn’t limited by my background. With the support of the company, I successfully transitioned from the administration department to the business development department.” shared by a foodpanda employee.
“Winning the 2023 HR Asia Awards for Best Company to Work For is a significant milestone for us. At foodpanda, we firmly believe that the key to delivering happiness lies in ensuring the well-being of our employees. We will continue to grow together with our employees and keep the momentum of our dream workplace,” shared Eva Huang, acting CEO and CFO of foodpanda.
(Advertorial)
Mercuries Life Insurance Co (三商美邦人壽) shares surged to a seven-month high this week after local media reported that E.Sun Financial Holding Co (玉山金控) had outbid CTBC Financial Holding Co (中信金控) in the financially strained insurer’s ongoing sale process. Shares of the mid-sized life insurer climbed 5.8 percent this week to NT$6.72, extending a nearly 18 percent rally over the past month, as investors bet on the likelihood of an impending takeover. The final round of bidding closed on Thursday, marking a critical step in the 32-year-old insurer’s search for a buyer after years of struggling to meet capital adequacy requirements. Local media reports
AI BOOST: Although Taiwan’s reliance on Chinese rare earth elements is limited, it could face indirect impacts from supply issues and price volatility, an economist said DBS Bank Ltd (星展銀行) has sharply raised its forecast for Taiwan’s economic growth this year to 5.6 percent, citing stronger-than-expected exports and investment linked to artificial intelligence (AI), as it said that the current momentum could peak soon. The acceleration of the global AI race has fueled a surge in Taiwan’s AI-related capital spending and exports of information and communications technology (ICT) products, which have been key drivers of growth this year. “We have revised our GDP forecast for Taiwan upward to 5.6 percent from 4 percent, an upgrade that mainly reflects stronger-than-expected AI-related exports and investment in the third
TECHNOLOGICAL RIVALRY: The artificial intelligence chip competition among multiple players would likely intensify over the next two years, a Quanta official said Quanta Computer Inc (廣達), which makes servers and laptops on a contract basis, yesterday said its shipments of artificial intelligence (AI) servers powered by Nvidia Corp’s GB300 chips have increased steadily since last month, should surpass those of the GB200 models this quarter. The production of GB300 servers has gone much more smoothly than that of the GB200, with shipments projected to increase sharply next month, Quanta executive vice president Mike Yang (楊麒令) said on the sidelines of a technology forum in Taipei. While orders for GB200 servers gradually decrease, the production transition between the two server models has been
ASE Technology Holding Co (日月光投控), the world’s largest integrated circuit (IC) packaging and testing supplier, yesterday announced a strategic collaboration with Analog Devices Inc (ADI), coupled with the signing of a binding memorandum of understanding. Under the agreement, ASE intends to purchase 100 percent shares of Analog Devices Sdn Bhd and acquire its manufacturing facility in Penang, Malaysia, a press release showed. The ADI Penang facility is located in the prime industrial hub of Bayan Lepas, with an area of over 680,000 square feet, it said. In addition, the two sides intend to enter into a long-term supply agreement for ASE to