長庚生物科技股份有限公司

Following the Formosa Plastics Group's employee welfare committee means good benefits and no overtime. Store personnel have to work shifts.

Most of the company's top-level managers are elderly people who were dismissed from Nan Ya or other Formosa Plastics Group companies more than 20 years ago and are now preparing for retirement. The company has a strong old-guard atmosphere and feels lifeless. Since they all receive Formosa Plastics Group salaries and benefits, they can draw full pay without doing any work once they reach a certain position. For newcomers without personal connections, it gives you the feeling that you cannot grow and are simply preparing to grow old and die there. If you do too much work, you may even cross the old-timers' line, because it exposes how much they are slacking off. Fifteen years ago, the company really was making money, but 15 years later there are many overpaid, unproductive employees. Stores keep closing: from nearly 100 back then, only a few dozen remain, and almost none of them have customers coming in. The company relies entirely on the so-called “god” Dr. Yang to regain consumers' confidence. A certain senior executive surnamed Lin idles around every day, knows only how to flatter the general manager, and abuses his position for personal gain. If you get in the way of his making money, he will get rid of you. Absolutely terrible!

If you are a recent graduate hoping to grow in the future, do not go there and waste your life. If you are preparing for retirement, you could consider it as a place to coast into old age. It is a company with a very strong money-centered atmosphere. If Wang X-qing knew that this company had become like this 10 years after he left, he would probably be very disappointed! By the way, this company is not actually a Formosa Plastics Group company, because the Group never invested in it; it is wholly owned by the Wang family's third branch. The only reason it can use Formosa Plastics' systems is because of something Wang X-qing said back then. Once the person is gone, the tea grows cold; it is difficult to say what will happen in the future.... In the past, even gas and energy at the Ming-Chih plant could be used for a fee. A few years ago, after every member of the Wang family withdrew their shares, the company was no longer allowed to use them. At present, a few managers are propping things up while the directors divide the equity among nominee shareholders. The former son-in-law is holding the position of chairman, but he hardly ever returns to Taiwan, and the equity has not been transferred at all, leaving it at zero; he merely holds the nominal chairmanship because these fan-club members need a figure to worship. Revenue is declining steadily, and this is a company on the verge of death. It probably will not collapse for another 3–5 years. Once those employees from 20 years ago gradually retire and the assets have been stripped, we will see whether there is anything left to save! I urge newcomers to be careful; there are many labor disputes.

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Violates multiple provisions of the Labor Standards Act and Occupational Safety and Health Act