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GOOD HEALTH AND WELL-BEING
GENDER EQUALITY
DECENT WORKAND ECONOMIC GROWTH
Cultivate talents and construct competitiveness
2022 Goals and Achievements
    • Promoted the "Talent DNA- Leadership Management Assessment", laid out all levels of management and understood the status of reserve talents at all levels.
    • Expanded the succession plan, and strengthened the executive leadership course; 60~70 junior-senior executives participated in the program and we aim to cultivate the successors with potential and development capability.
    • The total investment in internal staff training cost exceeded NT$ 7.31 million, and the total training hours exceeded 50,000 hours, with average training hours of 28.51 hours per person.
    • The total investment of agency force training cost exceeded NT$ 23.45 million, and the total training hours exceeded 350,676 hours, with an average training hours of 36.52 hours per person.
    • The pass rate of new staff to obtain the personal insurance agent license was 68.5%, better than the industry average of 39.6%. At the same time, in 2022, there were 9,129 agents qualified for selling the investment-type products (the pass rate of the test was 79.3%, better than the industry average of 43%), and 8,773 agents qualified for selling the foreign-currency non-investment products (the pass rate of the test was 76.6%, better than the industry average of 49.2%).
2023 Goals
    • The training and cultivation of digital talents promote education and training at all stages and drove the digital transformation.
    • Strengthen the development of business channels and improve the retention rate of the new agent.
    • Improve the professional certification acquisition of agency force.
    • Create an equal, safe and healthy workplace environment.
Create an equal, safe and healthy workplace environment
Create an equal, safe and healthy workplace environment
    • Provided the maternal health protection measures for internal staff, covering 36 employees who were pregnant or gave birth within one year.
    • Provided professional physical and mental counseling services to staff, benefiting 93 people times.
    • Performed workplace environmental monitoring, such as air carbon dioxide concentration monitoring, etc.
    • Regularly advocated occupational safety and health-related information.
    • More than NT$ 4.1 million was invested to improve workplace safety and health.
2023 Goals
    • Continue to implement the four major labor health programmes of occupational safety and health, and evaluate the effectiveness and improvement.
Employee Training
Succession Plan

To cultivate and continuously track the talents with high potential, we have activated the “Succession Plan” in 2019 and selected 60-70 intermediate and senior supervisors to participate in the plan in 2022. Through the stages of talent selection, cultivation and development, evaluation and review, we aim to cultivate the successors with potential and development capability, thereby reducing the deficiency in the key management talents in the Company and allowing both the Company and employees to head toward the goal of sustainable business together.

Multiple job rotation system

For the Company's long-term development vision as the outline, cultivate professional talents, and respect their own will and ambition according to the comprehensive consideration of the management leadership team to promote rotation. Each unit may, depending on the nature of its business, encourage colleagues to rotate in enhance job experience, expand personnel exchange, and increase the scope of transfer through on-the-job training for the purpose of cultivating talents, effectively utilizing talents, and developing qualifications for appointment to other positions.

Encourage employees to participate in the community

To encourage staff to participate in volunteer activities, they may participate in volunteer activities organized by public welfare organizations such as government agencies, people's organizations approved by the Ministry of the Interior and funds approved by competent authorities.0.5 days of volunteer leave will be applied for if more than 3 hours of volunteer activities are accumulated; and after 6 hours, you can take one day off. You can apply for up to 2 days a year. In 2022, 69 people participated in volunteer activities and applied for 119 volunteer leave days.

Internal /Agency Force training

We pay attention to the development of all-round ability of internal employees and classify the trainings into core training, management training, and professional training according to the job ranks and course objectives, so as to improve the occupational competitiveness of employees, cultivate the professional management talents, and implement sustainable business. Furthermore, we encourage the employees to obtain the US license of Life Office Management Association (LOMA) and relevant professional licenses for the work fields, and provide the welfare of examination subsidy. We build a digital learning platform to provide the employees, so as to improve the convenience and accessibility of learning. We also provide the diverse training plans with depth and breadth, so that employees can grow together with the enterprise. In 2022, we invested a total exceeding NT$ 7.31 million training expense, and the total training hours of internal employee exceeded 50,000 hours, with an average training hour per capita of 28.51 hours.

Total hours of human rights and ESG courses and number of participants in 2022. The total course hours are about 20,195 hours.
Establishing an exclusive talent training system for field staff to enhance the competence and market competitiveness of sales representatives.

 

Promoting the "Reserve Director Project" and "Assistant Training Project," planning a series of training programs spanning 27 months to strengthen the professional development of new recruits into business directors and training assistants. To adapt to digital trends, providing sales representatives with mobile offices and digital learning platforms to achieve "digitalization of sales," "diversification of expertise," and "enhanced customer experience." Additionally, driving the "International Senior Financial Planning Consultant Training Program" by offering continuing education courses to enhance the necessary knowledge and skills for financial planning, along with a reward system of up to 47,000 USD per person to incentivize colleagues to obtain internationally recognized certifications such as CFP® and AFP.

 

The new digital learning platform of "Mercuries Digital College" was officially launched on January 1, 2021. It has convenience, openness, timelessness and customized function, with a more intuitive and convenient user interface and more diversified digital content planning, and hardware equipment that can accommodate more users at the same time. In 2022, a total of 450 online courses in eight categories were opened, which increased by 85 compared with 2021 through actively expanding the learning breadth, and striving to improve the professional functions and soft strength of salesmen. Diversified courses covered information security, money laundering prevention, business quality, friendly aged and vulnerable groups, tax-related, investment and finance, current news analysis, product introduction, sales and recruitment courses, and a total of 310,762 people were registered for training. In addition, through written and on-site review by the Life Insurance Association, a 6-hour external common law compliance course was permitted on its platform.
Step-by-step occupational training
In addition to the three major training programs, we have also developed a series of step-by-step job training programs for business personnel to enhance their abilities at different ranks - 'professional competence', 'marketing competence', 'organizational competence', 'management competence', 'operational competence' and 'operational management competence' - to enable them to continuously improve themselves in the life insurance career.
Safety and Health Management
Welfare Sysytem

The Company has formulated the Employee Welfare Committee Method, providing not only business trip allowance, preferential housing loan, holiday gifts, maternity leave, employee insurance or bonus, incentive travel and employee preferred shares for internal employees, but also professional examination incentive system, club activities, employee marriage, and maternity subsidy, travel allowance, and annual health examination, etc. Moreover, an annual tourism allowance of NT$ 6,500 will be provided to employees who have been on the job for one year, to encourage the balanced development of both body and mind.

Non-supervisory Internal Employee Average Welfare Expense Table
Note: The definition of “employees” does not include individuals merely under the contractual relationship with the Company.
Safety and Health Management
The Company establishes an occupational safety and health management plan every year and implements, reviews and improves relevant safety and health matters according to the plan. In addition, the Company has formulated the safety and health work rules, which are announced to employees to know and abide by. The occupational safety and health committee meetings are held quarterly to collect opinions from employees for discussion and improvement, and to discuss the safety and health issues of the Company by committee members, and evaluate whether there are improvement items, improvement methods and improvement results.

 

The Company belongs to the Type III Workplace, where there is almost no high-risk operation. The air quality of the office environment is monitored in accordance with occupational safety and health laws. The office lamps are bright and have sufficient illumination. Every day there are cleaning staff to tidy up the workplace; and no biochemical noise pollution and other hazard factors.

 

The office building and policyholder service counter locations of the Company are installed with AED “Automated External Defibrillator”, barrier-free facilities, and security personnel to ensure the safety of employees. In addition, the human resource department and communication offices in each area and regional attendance records, it could indicate the proper statistical occurrence of occupational disasters, in light of improving the success rate of precious rescue timing via complete prevention and preparation works.
Employee Health Services
The Company employs the dedicated labor health service staff and on-site physicians and nurses to provide the staff health guidance and promotion services, and provide the free registration for face-to-face consultations with specialists; the nurses will make an appointment with computer room shift colleagues, drivers, middleaged and elderly employees, pregnant and female colleagues within one year after delivery, as the priority consultation objects according to the schedule. We also open the chance for our staff to sign up for face-to-face health and physical and psychological consultation. All staff with high risk after assessment will be tracked down as care or improvement targets.

 

Since September 2015, we have cooperated with the Employee Assistance Program Service Center of Hsinchu City to provide the unlimited hours and number of times of telephone consultation services to employees for psychological counseling served by psychologists and consultants with professional knowledge backgrounds.
Mercuries Life Insurance Inc.

Toll-free service hotline | 0800-22-258

Headquarter| No. 58, Shitan Rd., Taipei

GUI number | 84443471

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