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TSMC Is Struggling To Attract The Top 1 Percent Talent For Its Arizona Fab As Its Wage Offers Presumably Lack The Oomph Factor
wccftech ^ | Aug 8, 2024 | Rohail Salem

Posted on 08/13/2024 9:11:53 PM PDT by anthropocene_x

TSMC's struggles vis-a-vis its flagship American chip fabrication unit in Arizona are common knowledge by now, reinforced by a steady trickle of leaks and expert commentary over the past few months. Two factors purportedly lie at the heart of the Arizona fab's inability to takeoff: a difference in the American and Taiwanese work culture and TSMC's proclivity to skimp on wages.

TSMC has realized that Taiwan's workaholic culture is not applicable in the US, at least without hefty modifications to create a more balanced work-life equation. After all, the company has scaled back on meetings and tried to reduce the workload of its American employees.

At the heart of TSMC's struggles, however, is the fact that it is trying to attract and retain the top 1 percent talent in the country with wages that lie somewhere in the top 20 percent. This is an unsustainable paradigm, especially as the chip manufacturer is directly competing with prized startups, hedge funds, and investment banks to attract this talent.

(Excerpt) Read more at wccftech.com ...


TOPICS: Business/Economy
KEYWORDS: chips; jobs; tsmc

1 posted on 08/13/2024 9:11:53 PM PDT by anthropocene_x
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To: anthropocene_x

Mutt Mongrel Murricans are not as smart as Taiwanese and do not work as hard, either. They worship the negro, talk back, are aggressively individualistic/selfish and are entitled for no real, valid reason. Not good, docile workers like Asians.


2 posted on 08/13/2024 9:50:47 PM PDT by Captainpaintball (America needs a Conservative DICTATOR if it hopes to survive. )
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To: Captainpaintball

>> They worship the negro, talk back, are aggressively individualistic/selfish and are entitled for no real, valid reason. Not good, docile workers like Asians.

Okay, I confess I LOL’d at that graphic description.

But there’s nothing in between entitled American Mutts and docile Asians? It’s that polarized? Nah.


3 posted on 08/13/2024 10:10:59 PM PDT by Nervous Tick ("First the Saturday people, then the Sunday people...": ISLAM is the problem!)
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To: Nervous Tick; Captainpaintball
But there’s nothing in between entitled American Mutts and docile Asians?

Gentlemen, I give to you the effete, high-strung European!

Regards,

4 posted on 08/13/2024 10:33:23 PM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: Captainpaintball

You’re quite insane.


5 posted on 08/13/2024 10:51:01 PM PDT by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...

6 posted on 08/13/2024 11:03:27 PM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: anthropocene_x
Taiwan's workaholic culture is not applicable in the US

It's culture shock, but if the pay is enough, American workers can get used to anything. Taiwan's traditional culture shouldn't be imposed all at once, though. Step one: create a 100% DEI-free economic zone protected from socialist government interference and lawfare shakedowns, like it is in Taiwan.

7 posted on 08/13/2024 11:32:51 PM PDT by Reeses
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To: alexander_busek

“Gentlemen, I give to you the effete, high-strung European!”

Hi! (wave)

Also with a bit of “docile” Asian there, somewhere.

There is a steady but not high volume “brain drain” of Europeans to the US. If I weren’t very retired I would look into TSMC. But that would be a third career for me (or maybe fifth or sixth). Nobody in the house wants to move to Arizona either. The polling was very bad on that.


8 posted on 08/13/2024 11:42:04 PM PDT by buwaya (Strategic imperatives )
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To: anthropocene_x
This is an unsustainable paradigm, especially as the chip manufacturer is directly competing with prized startups, hedge funds, and investment banks to attract this talent.

This doesn't make sense to me. Wouldn't the top talent TSMC needs, for the most part, be different talent than the top talent needed by startups, hedge funds, and investment banks? SOME of the management and accounting, etc., would overlap, but, there's a lot more to it than that.

These days (and even 20 years ago), job descriptions are really specialized out there...

It IS true Intel already has well established recruiting through US universities.

9 posted on 08/14/2024 12:30:14 AM PDT by Paul R. (Bin Laden wanted Obama killed so the incompetent VP, Biden, would become President!)
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To: buwaya

Good. We don’t want you either.


10 posted on 08/14/2024 12:33:39 AM PDT by Prince of Space (Trump 2024! )
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To: Prince of Space

“Good. We don’t want you either.”

Been there, done that. You can thank me at your convenience.


11 posted on 08/14/2024 12:39:37 AM PDT by buwaya (Strategic imperatives )
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To: anthropocene_x

If you were to dig deeper I’ll bet white males are being passed over because of DEI.


12 posted on 08/14/2024 2:13:37 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: anthropocene_x
One of the problems TSM faces is that it has to steal semiconductor fab engineers/workers from Intel, Samsung, Micron Tech., Global Foundries, etc.

Given TSM's different culture (Taiwanese workaholism), they will, in the end, probably have to train their own...and this takes time.

To address these issues, TSMC has begun working with local colleges and universities to expand engineering programs and create a pipeline of future talent. They are also offering apprenticeships and internships to familiarize students with the semiconductor industry and its demanding work culture​.

Which is probably why the Arizona plants are taking so much time to bring on line.

13 posted on 08/14/2024 3:17:53 AM PDT by RoosterRedux (Jung: “Thinking is difficult, that’s why people prefer to judge” [and embrace empty ideologies-RR])
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To: anthropocene_x

TSMC is really just an extreme example of the benchmark culture which has infected the country. “We hire the best but we pay the midpoint” seems to be the new mantra. If you want the top 1%, your compensation targets need to hit closer to the 90th percentile. Admittedly you will still have to carefully screen in the hiring process, but you have a better chance of attracting the workforce you seek.


14 posted on 08/14/2024 4:17:21 AM PDT by BoringGuy
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To: Captainpaintball

“Mutt Mongrel Murricans are not as smart as Taiwanese and do not work as hard, either. They worship the negro, talk back, are aggressively individualistic/selfish and are entitled for no real, valid reason.”

Quite true and we can attribute most of those characteristics to our ‘educational’ system, where we let the Leftists take control. Asia, of course, never let that happen. Unions didn’t help either, to say the least.

My understanding is that TSMC has already given up on producing their top-of-the-line chips in the US, and are now just trying to produce second-tier chips, and they still have their hands full here.


15 posted on 08/14/2024 4:28:11 AM PDT by BobL
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To: BoringGuy

Shifted workdays, vacation flexibility and child driven absentee issues are new to Taiwan business culture but central to AZ flexibility.


16 posted on 08/14/2024 4:31:37 AM PDT by KC Burke
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To: ifinnegan
Am I? Or am I SO ahead of the curve, and SO unencumbered of the shackles of politeness, propriety and caring of other peoples feeeelings that I feel free to say what I want, knowing I am on the right side of history and knowing I am prescient and awake enough to see it?

between you and I, think the answer is somewhere between the two

17 posted on 08/14/2024 7:53:08 AM PDT by Captainpaintball (America needs a Conservative DICTATOR if it hopes to survive. )
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To: Captainpaintball

All those jobs exist in Silicon Valley people are happy to do them the company is doing on the cheap it’s their own fault


18 posted on 08/14/2024 8:14:55 AM PDT by Nifster ( I see puppy dogs in the clouds )
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To: BoringGuy

You are correct on this. Another issue or factor in this is that TSMC is in Arizona. Tech companies move here to pay much lower wages than California or Oregon. I work in this industry, and see it first hand. There are other hiring practices going on, and seeing highly educated white people in these roles is beyond rare.


19 posted on 08/14/2024 8:35:22 AM PDT by jgwells1
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