Tokyo Electron(TEL) is working to introduce a new personnel system aimed at supporting its vision to become “a real global company generating high-added-value and profits,” as part of the medium term management plan. The system is designed to enable each employee to challenge themselves to meet their goals without fear of failure, and to provide fair evaluations proportionate to individual levels of contribution.
Based on the idea that raising the engagement* of employees is essential for sustained growth of our company, the new system also aims to create a rewarding workplace environment where employees can challenge themselves to achieve higher goals with widening global career opportunities. The new personnel system specifies new ways of working, such as clarifying roles and expectations, enabling employees to work more autonomously with challenging goals linked to the company’s vision, and rewarding eagerness and voluntary effort important for increased motivation. Rating, evaluation, and remuneration will be built as common global systems, enabling us to share objectives and goals among employees worldwide. This new system will become part of standard operations in fiscal 2018.