Gemtek prioritizes employee welfare by providing favorable work entitlements, such as comprehensive bonus programs, a structured leave system, employee benefits, and access to recreational facilities. The company also organizes regular events and holiday gift activities.
In August 2023, Gemtek Taiwan Headquarters launched a long-term incentive program through the issuance of New Restricted Employee Shares. The initiative aims to attract and retain the professional talent essential to the company’s growth, strengthen employees’ sense of engagement and belonging, and reinforce the accountability of senior executives and key personnel in driving long-term shareholder value and advancing ESG (Environmental, Social, and Governance) objectives. To ensure that the New Restricted Employee Shares program functions as an effective incentive, allocation eligibility was determined based on a range of factors, including years of service, job grade, position, work performance, overall contribution, special achievements, and other relevant management considerations. Recipients must meet the company’s performance targets in the year of allocation in order to receive the shares, reflecting Gemtek Technology’s commitment to mutual growth and shared success with its employees.
Employee Compensation
Gemtek Technology is committed to upholding pay equity. In 2024, the base salaries across all company facilities exceeded the statutory minimum wages applicable in their respective regions. Hiring and compensation decisions are determined based on the company’s internal job grade structure and are not influenced by factors such as gender, age, ethnicity, nationality, place of birth, disability, religion, or political affiliation.
Gemtek Technology 2024 Base Salary Ratio
| Gemtek Taiwan Headquarters | Gemtek (Kunshan) | Gemtek Vietnam | |
| Male | 1.0 | 1.2 | 1.2 |
| Female | 1.0 | 1.2 | 1.2 |
Gemtek Technology 2024 Female-to-Male Pay Ratio, by Job Level
| Job Level / Item / Facility / Gender | Taiwan Headquarters | Gemtek (Kunshan) | Gemtek Vietnam | ||||
| Female | Male | Female | Male | Female | Male | ||
|
Managerial Positions |
Base Salary Ratio | 1 | 1.23 | 1 | 1.01 | 1 | 1.16 |
| Total Annual Compensation Ratio | 1 | 1.51 | 1 | 0.83 | 1 | 1.13 | |
| Non-managerial Positions |
Base Salary Ratio | 1 | 1.30 | 1 | 1.18 | 1 | 1.05 |
| Total Annual Compensation Ratio | 1 | 1.47 | 1 | 1.40 | 1 | 1.09 | |
Employee Insurance and Retirement Program
| Facility | Description |
| Taiwan Headquarters |
Employees are enrolled in Labor Insurance (provides coverage for injury, illness, disability, maternity, and death) and National Health Insurance on their first day of employment. In accordance with Article 55 of the Labor Standards Act, the company provides retirement benefits, and as stipulated in Article 56, makes monthly contributions to the labor retirement reserve fund. Depending on which pension scheme the employee participates in, the employer contributes 6% of the employee′s monthly salary under the new system, or 2% under the old system, to the designated account. In accordance with the Labor Pension Act, all regular employees participate in the retirement plan, except for cooperative education students and foreign employees who are not eligible for employer contributions. The participation rate among eligible employees is 100%, with only one employee remaining under the old pension system. In addition to making retirement reserve contributions as required by law, the company also engages professional actuarial consultants each year to conduct actuarial assessments to ensure sufficient funding. As of the end of 2024, a total of NT$87 million had been contributed to employee retirement accounts, helping to safeguard employees' future pension entitlements and ensure their retirement years are properly supported. In addition, both regular and contract employees are covered by group insurance plans (including life, accident, hospitalization, and cancer insurance) starting from their first day of employment. This provides an added layer of protection for employees and their families. With cancer rates on the rise, the company provides an optional critical illness insurance policy to enhance employee protection. Employees may choose to enroll in this additional coverage (with 50% of the premium subsidized by the company), giving them access to more extensive protection and care at a reduced cost. |
| Gemtek (Kunshan) | All employees are enrolled in five types of social insurance, with premiums jointly contributed by the company and employees: pension, medical, unemployment, employment injury, and maternity insurance. Male employees retire at age 60 and female employees at age 50, at which point they become eligible for a government pension under the social security system. The company and employees make monthly contributions to all five insurance programs. For pension insurance, the company contributes 16% and employees 8% of the monthly salary; for medical insurance, the company contributes 6% and employees 2%. The participation rate in the pension plan among full-time employees is 100%. |
|
Gemtek Vietnam |
In accordance with the Vietnam Social Insurance Law, Gemtek Vietnam contributes a portion of social insurance premiums on behalf of its employees. Employees who have contributed to social insurance for over 20 years and have reached at least 55 years and 4 months of age are eligible to receive a lifelong retirement pension upon retirement. The company contributes 17.5% for social insurance, 3% for health insurance, and 1% for unemployment insurance for Vietnamese employees. For foreign managerial staff, a one-time retirement allowance may be claimed upon resignation, as stipulated by the Vietnam Social Insurance Law. The participation rate in the pension plan among full-time employees is 100%. |
Parental Leave
In accordance with legal requirements, the company grants employees the right to take unpaid parental leave. Employees with childcare needs may apply for leave of up to two years, provided it is requested before their youngest child turns three. As the end of the leave approaches, the company proactively contacts the employee to confirm their plans for returning and to coordinate the necessary reinstatement arrangements. This benefit is equally available to all employees, regardless of gender, position, or work location.
Number of Parental Leaves at Gemtek Headquarters in Recent Years
| Year / Gender / Total | 2022 | 2023 | 2024 | ||||||
| Male | Female | Total | Male | Female | Total | Male | Female | Total | |
|
Number of employees eligible to apply for unpaid parental leave(A) |
46 | 38 | 84 | 41 | 52 | 93 | 39 | 57 | 96 |
|
Number of employees who actually applied for unpaid parental leave during the year(B) |
2 | 6 | 8 | 1 | 14 | 15 | 1 | 13 | 14 |
|
Number of employees scheduled to return from unpaid parental leave during the year(C) |
3 | 7 | 10 | 0 | 10 | 10 | 1 | 15 | 16 |
|
Number of employees who actually returned from unpaid parental leave during the year(D) |
1 | 5 | 6 | 0 | 8 | 8 | 1 | 13 | 14 |
|
Number of employees who returned from unpaid parental leave in the previous year(E) |
2 | 3 | 5 | 1 | 5 | 6 | 0 | 8 | 8 |
|
Number of reinstated employees who remained employed for at least one year after returning(F) |
2 | 1 | 3 | 1 | 5 | 6 | 0 | 7 | 7 |
|
Unpaid parental leave return rate for the current year (%) = (D/C) |
33% | 71% | 60% | N/A | 80% | 80% | 100% | 87% | 88% |
|
Unpaid parental leave retention rate for the current year (%) = (F/E) |
100% | 33% | 60% | 100% | 100% | 100% | N/A | 88% | 88% |
Gemtek Technology - Parental Benefits
|
Facility |
Parental Benefits |
|---|---|
| Taiwan Headquarters |
|
| Gemtek (Kunshan) |
|
| Gemtek Vietnam |
In accordance with the Vietnam Labor Law and Social Insurance Law, the company offers paid maternity leave (6 months), 5 days of prenatal check-up leave, 30 minutes of daily menstrual leave, andmiscarriage leave (a minimum of 10 days, depending on the stage of pregnancy). Additionally, female employees who are at least 7 months pregnant or have a child under 1 year old are permitted to leavework 1 hour early. Male employees are entitled to 5 days of paternity leave as stipulated by the regulations. |
