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July 28, 2017

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Award shows TSMC is good at more than just making chips

TAIPEI--Taiwan Semiconductor Manufacturing Co. (TSMC,台積電), the world's largest contract chip maker, was honored Friday for excellence in promoting a balance between work and life, enabling employees to be as good at "producing" babies as making chips in 2013.

TSMC said in a statement that it has won the first "Work Life Balance Award" presented by the Ministry of Labor in recognition of the company's performance in three areas: employee initiative and achievements, care and support for employee families, and employee health and safety.

In the statement, TSMC Senior Vice President Lora Ho said the award recognized the company's pledge to help every one of its employees enjoy a healthy, balanced and happy life, which has created a positive environment for starting families and having children.

A total of 2,360 babies were born to TSMC employees in 2013, accounting for 1.2 percent of the total number of children born in Taiwan during the year, she said.

The number of births is relatively high in a country that had one of the lowest fertility rates in the world in 2013 at 1.07 births per woman.

"We believe it is because our colleagues feel good about the company, have faith in its prospects and feel they can have a family and give birth with the support of the company's welfare policies and measures," Ho said.

TSMC had a worldwide workforce of 40,483 people as of Dec. 31, 2013, including 4,600 new hires during the year, the company said.

The semiconductor giant also set records in 2013 for consolidated revenues (NT$597.02 billion, or US$19.9 billion), net income (NT$188.15 billion) and EPS (NT$7.26), according to TSMC financial statements.

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