A Winning Strategy – Focus on Employees

From the onset, the shareholders of FAW-Volkswagen have implemented the policy of sending their most talented employees to the joint venture company in order to establish the best automobile base possible. While focusing on the development of new products and market expansion, the company realized the importance of a proper recognition of star employees and Human Resources policies. Thus graduates and post-graduates were given the opportunity of further studies either locally or overseas, enabling them to eventually become the technical and management backbone of the company. At present the average age of the company's employees is 29; furthermore none of the company's workers possess educational qualifications lower than technical schools.

The automobile industry is one that is a perfect amalgamation of modern techniques and traditional craftsmanship - technicians regularly need at least ten years of experience in the company for them to become accomplished. Therefore the long-term career development of talented employees within FAW-Volkswagen is a winning formula for both the company and its employees. Among the 6000-plus employees in FAW-Volkswagen there is an almost negligible turn over rate. The company's ability to retain talents can be attributed to the following key policies:

*　Establishment of an excellent talent-grooming environment;
*　Outstanding further education and training opportunities;
*　Talent promotion system;
*　Good incentive schemes;
*　Provision of the best "platform" for employees