Jump to main content
Chang Hwa Bank logo
For the best experience, change the screen to portrait mode.

For the best experience, change the screen to portrait mode.

:::

I. Employee Communication Channel

Employees are the most important and most valued assets of the Bank; thus, the Bank is committed to building a work environment where human rights are respected, free of discrimination and harassment, as well as safe, healthy, and friendly. In order to truly understand the needs of employees, the Bank has established diverse and bilateral communication channels to hear the voices of our employees.

  1. Employee Communication Channel

II. Employee Satisfaction and Engagement

In order to listen to the voices of our employees and understand their feelings, the questionnaire on employee satisfaction and engagement is divided into six aspects, including job satisfaction, workplace satisfaction, salary assessment satisfaction, education and training satisfaction, health check-ups and consultation satisfaction, and employee engagement. The results of the overall satisfaction of the top five aspects are thereof all "satisfactory", with an average score of 3.8 points (out of 5 points). The result of employee engagement is "dedicated", with an average score of 3.32 points (out of 5 points).

i. Number of Samples

A total of 2,962 people responded to this questionnaire. The statistics of the questionnaire survey are as follows.

  1. Service unit of the employee filling out the form
    Number ratio
    Management unit
    25%
    Business unit
    75%
    Service years of the employee filling out the form
    Number ratio
    5 years (inclusive) or less
    28%
    6 years to 15 years
    19%
    16 years to 25 years
    33%
    26 years and above
    20%

ii. Results of the Survey

The questionnaire adopts sequential questions. According to the five-point scale of satisfaction/ engagement, it is expressed with a score of 1~5 points. The average scores and satisfaction / engagement levels of each aspect are as follows:

  1. Aspect of the questionnaire
    Average score &
    Satisfaction/ engagement level
    Job satisfaction
    1. External motivation: Satisfaction with current position (responsibilities)
    2. Internal motivation (Purpose): Though the employees' understanding of responsibilities and work processes and the suitability of work assigned to make sure they have a clear sense of purpose. Job with challenging makes employees more aggressive and motivated in work.
    3. Stress: Though the employees' feeling of being capable of performing job well or feeling lack of job skills, to understand whether they are stressed out or overwhelmed when working.
    3.88
    Satisfactory
    Workplace satisfaction
    1. Happiness: Be comfortable/satisfied with the overall atmosphere of the work place.
    2. Stress: Though the employees' feedback on the effects of the encouragement and assistance from supervisor, to understand whether it can ease the stress at work. 
    3.82
    Satisfactory
    Salary assessment satisfaction
    1. External motivation: Be satisfied with salary offered based on my qualifications and position compared with the salary market pricing.
    3.59
    Satisfactory
    Education and training satisfaction
    1. Internal motivation (Purpose): Agree the education and training can improve professional abilities and help achieve the purpose of the work.
    3.64
    Satisfactory
    Health check-ups consultation satisfaction and benefits satisfaction
    1. Stress: Though the employees' feedback on health check and psychological counseling that the Bank offered, to understand the stress state and review on the effect of relieving the work pressure.
    3.89
    Satisfactory
    Employee engagement
    1. Internal motivation (Purpose): Be passionate and aggressive about the work; feel motivated when working.
    2. Happiness 
    3.32
    Dedicated
    Note: The degree of employee engagement is mainly to observe the employee's "emotional", "behavioral" and "cognitive" involvement in the job. Employees thereof have the "often" level of commitment towards the questions "When working, I feel strong and energetic", "Enthusiastic about my job", "Proud of what I do in the job", "I feel happy when I work eagerly". The average score of the overall engagement is 3.32 points, which shows that our employees are "dedicated".

iii. Employee Satisfaction Statistics in the last four years

Employee Satisfaction Target for 2024: 60%

  1. Satisfaction/FY
    2021
    2022
    2023
    2024
    The percentage of "Satisfied"*1
    68%
    66%
    65%
    63%
    Data coverage*2
    28%
    31.1%
    33%
    43.9%
    Note 1: The percentage of "Satisfied' (including "Very Satisfied" And "Satisfied")
  2. Note 2: Data coverage (The percentage of employees who responded to the survey) 

II. Labor-Management Meetings and Collective Agreements

i. Labor-Management Meetings

In order to achieve friendly interaction with its employees, the Bank has been holding labor-management meetings once every three months according to the "Chang Hwa Bank Guidelines for Labor-Management Meeting Implementation" since July 28, 1999, to conduct discussions and negotiations regarding matters such as labor-management relations and cooperation, employee salaries and benefits, and labor safety.

Implementation Status

  1. From 1999 to the end of 2024, 111 labor-management meetings had been held, the labor-management relations were harmonious and stable, and good interactions were maintained.

  2. 2022
    2023
    2024
    Number of meetings
    4
    4
    4
    Number of matters
    9
    14
    10

ii. Protection by the Collective Agreement

In response to changes such as amendments to labor policies, laws and regulations, the Bank and the CHB Corporate Union representatives re-initiated negotiations regarding collective agreement. The Bank and the CHB Corporate Union signed the collective agreement again on May 14, 2018. The contents of the collective agreement were established after being fully discussed by the representatives of the employer and the employees, and after taking account of labor-related laws and collective agreements of peers in the financial industry. Many of the provisions in this collective agreement are superior to current legal requirements, such as paid annual personal leaves, family care leaves and sick leaves; compensation payment for employees who passed away due to illness or accident while on unpaid leave due to military service, injury, or illness, as to take care of their surviving dependents; and bone marrow or organ donor leaves with duration adjusted according to actual needs, as to encourage employees to participate in public welfare. The Bank signed the "Collective Bargaining Supplementary Agreement" with the CHB Corporate Union on July 30, 2020, which was approved by the Department of Labor, Taipei City Government on record. With that, five articles in total were added (amended), including Article 7-1 "Anti-Free Rider Clause".

  • In order to enhance the harmony of labor-management relations, one seat of the Personnel Review Committee is reserved for a representative designated by the corporate union.

Implementation Status

  1. As of the end of 2024, the number of members of CHB Corporate Union was 6,320 (male: 2,223, female: 4,097), and the employees under the protection of the collective agreement accounted for 93.75% of all employees.

  2. 2022

    2023

    2024

    Female
    Male
    Female
    Male
    Female
    Male
    The number of the corporate union members

    4,126
    2,292
    4,095
    2,270
    4,097
    2,223
    6,418

    6,365

    6,320

    The corporate union participation rate*1
    96.11%

    95.10%

    93.75%

    Note 1: The corporate union participation rate is the percentage of employees covered by the collective agreement.
  3. Note 2: The labor conditions of employees who are not members of the corporate union and who have not signed the collective agreements shall be handled in accordance with the relevant regulations of the Bank (such as work rules) and other labor related laws and regulations. 

III. Exchange of Opinions with Employees

In order to exchange opinions with employees, the Bank has set up hotlines and an employee communication mailbox, so that employees' voices can be heard and responded to, as a way to improve the management of the Bank.

    1. Education and training-hotline:02-2560-3659 
    2. Performance remuneration-hotline:02-2560-3658 
    3. Administrational welfare-hotline:02-2571-6735 
    4. E-mail:reward@chb.com.tw

Implementation Status:

The Bank did not receive any emails from employees in 2024. If any employee email is received, it will be properly handled by the relevant management units according to the rules.

Employee Complaints

The Bank has established "Employee Complaint Notice" to provide employee complaint channels. Employees may submit grievances orally or in writing. The unit responsible for handling grievances will decide on the grievance within one month. If the grievant is dissatisfied with the decision, they may appeal to the Labor-Management Meetings.