Shaping the Future: Workforce Development in the Semiconductor Industry
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The semiconductor industry is undergoing rapid transformation. Staying ahead of the curve is crucial for organisations striving to remain competitive.
To help navigate this evolving landscape, industry association SEMI Taiwan recently hosted a webinar titled ‘Workforce Development in the Semiconductor Industry’ to discuss key strategies for building a future-ready workforce.
The webinar, which started with opening remarks by Su Chen-Ping, Vice President of SEMI Taiwan, addressed industry challenges and offered valuable insights on attracting, retaining, and developing top talent.
Shari Liss, Executive Director of the SEMI Foundation & Workforce Development Programs, shared vital insights into the global talent shortage and the challenges facing this sector, with an estimated demand for 1.5 million new workers by 2030.
Shari also outlined the initiatives being implemented to support talent development in the semiconductor industry and how they are helping organisations to stay ahead in the war for talent.
DEI in the Workforce
Jane Liu, General Manager of the Learning Business Group at CommonWealth Magazine Group, delivered a thought-provoking keynote on Diversity, Equity, and Inclusion (DEI).
She stressed the importance of a diverse and inclusive workplace and pointed out how it is critical in attracting and retaining talent in an increasingly globalised workforce. Jane also shared compelling research on industry practices and trends. The findings indicate that DEI matters to employees, with workers being 10.2 times more likely to remain in a non-discriminatory company.
Building Future Tech Talent and Organisational Resilience
Evelyn Chow, Founder and Advisor of DecodeHR, shared strategies for developing future tech talent and strengthening organisational resilience.
Her session explored the crucial role of strategic workforce planning and how companies must plan to anticipate and address critical skills gaps. In the semiconductor sector, where talent shortages, skill gaps and evolving demands are ongoing challenges, workforce planning must be proactive, skill-based, and focused on execution.
Evelyn emphasised the need for both upskilling and reskilling, while fostering a culture of lifelong learning.
She also highlighted the importance of building a strong employer brand, developing a positive workplace culture, and implementing a total rewards strategy to attract and retain top talent.
The online event offered useful insights on staying ahead of workforce trends and adopting forward-thinking strategies to develop and retain a future-ready workforce for success in the evolving semiconductor industry.
To explore more about talent development and how to build a future-ready workforce, reach out to us.
