Home page Workplace Well-being Employee Benefits

Gemtek prioritizes employee welfare by providing favorable work entitlements, such as comprehensive bonus programs, a structured leave system, and access to recreational facilities. The company also organizes regular events and holiday gift activities.

In August 2023, the Taiwan headquarters issued "New Restricted Employee Shares" as part of a long-term incentive reward program. Eligibility for receiving these shares is based on factors such as seniority, job grade, work performance, etc. Employees must meet the Company’s performance goals and achieve favorable business outcomes to qualify for the shares. This initiative aims to promote mutual growth and prosperity between the company and its employees.

 

 

Employee Compensation

Gemtek is dedicated to implementing equal pay. All our manufacturing plants offer base salaries that exceed the statutory minimum wage in their respective regions, with no gender-based differences in pay for 2023.

 

2023 Comparison of Gemtek’s Base Salary

  Gemtek Headquarters Gemtek Kunshan Gemtek Changshu Gemtek Vietnam
Direct Personnel 1.1 1.1 N/A 1.1
Indirect Personnel 1.6 1.8 N/A 2.1

2023 Gemtek’s Gender Wage Gap by Job Level

 

Job Level /Item/Region /Gender

Gemtek Headquarters Gemtek Kunshan Gemtek Changshu Gemtek Vietnam
Female Male Female Male Female Male Female Male

 

Managerial

Base Salary% 1 1.28 1 1.09 1 N/A 1 1.25
Annual Compensation % 1 1.42 1 1.23 1 N/A 1 1.26

 

Non-managerial

Base Salary% 1 1.36 1 1.03 1 N/A 1 1.08
Annual Compensation % 1 1.38 1 0.93 1 N/A 1 1.00

Parental Leave

Gemtek grants employees the legal right to apply for unpaid parental leave. Employees are entitled to two years of statutory parental leave until their youngest child reaches the age of three. The company conducts follow-up calls to confirm the employees' intention to return and to assist with their reinstatement. Both male and female employees are eligible to apply for this leave.

 

Number of Parental Leaves at Gemtek Headquarters in Recent Years

Year / Gender / Toal 2021 2022 2023
Male Female Total Male Female Total Male Female Total
Total number of employees eligible for parental leave A 58 43 101 49 38 87 43 53 96
Actual number of parental leave applications submitted for the current year B 1 9 10 2 6 8 1 14 15
Total number of employees to be reinstated after parental leave for the current year C 2 3 5 3 7 10 0 9 9
Actual number of employees reinstated after parental leave for the current year D 2 3 5 1 5 6 0 8 8
Actual number of employees reinstated after parental leave for the previous year E 0 4 4 2 3 5 1 5 6
Number of employees who stayed on the job for more than a year after reinstatement for the previous year F 0 2 2 2 1 3 1 5 6
Reinstatement for the current year % (D/C) 100% 100% 100% 33% 71% 60% N/A 89% 89%
Stay on job for the current year % (F/E) N/A 50% 50% 100% 33% 60% 100% 100% 100%

Parental Leave Benefit at Gemtek

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.
Region Parental Leave Benefit
Gemtek Headquarters
  • In accordance with the Labor Standards Act and the Gender Equality in Employment Act, we provide paid maternity leave (eight weeks), miscarriage leave (based on the duration of pregnancy), and seven days of paid prenatal examination leave. Male employees are also granted seven days of paid leave for accompanying prenatal examinations and childbirth.
  • Employees with children under the age of two who requires breastmilk or nursing are given a total of 60 minutes lactation break each day, which is considered work time. Employees with children under the age of three can apply to reduce their work hours by one hour per day (unpaid) or adjust their work schedule. If a child needs to receive vaccinations, experiences a serious illness, or faces other significant issues requiring personal care, employees are eligible to take family care leave.
  • Employees can also apply for parental leave without pay before each child reaches the age of three.
Mainland
China
  • In accordance with the "Special Provisions for the Labor Protection of Female Employees" and the "Jiangsu Province on Population and Family Planning Regulations," maternity leave is granted as follows: 98 days for regular maternity leave, 60 days as extra benefit, 15 days for difficult births, and for multiple births, an additional 15 days for each additional child; 15 days of paternity leave are also provided.
  • Since March 2022, Gemtek Mainland facilities have adopted childcare leave policies based on the "Notice on the Implementation Plan for Optimizing Fertility Policies and Promoting Long-term Balanced Population Development in Jiangsu Province." Before a child reaches the age of 3, both parents are entitled to 10 days of childcare leave each year.
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.

Employee Insurance and Retirement Policies

Region Description
Gemtek Headquarters

In compliance with regulatory requirements, Gemtek employees are provided with labor insurance coverage, including benefits for injuries, sickness, disability, maternity, and survivorship, as well as national health insurance coverage, effective immediately upon onboarding. As per the Labor Standards Act, Article 55 Pension Payment Standard and Article 56 Labor Retirement Reserve, the Company either deposits 6% (under the new system) or 2% (under the old system) of the employee’s monthly salary, depending on whichever is applicable, into the employee’s labor pension reserve account at the Bank of Taiwan. And by the Labor Pension Act, after excluding student participants and foreign employees, the proportion of regular employees participating in the retirement plan is 100%, of which 3 employees are categorized under the old system. In addition to the legally required pension reserves, the Company also engages professional actuarial consultants to conduct annual pension fund valuations. Currently, the reserve amount stands at approximately 88 million, with sufficient allocations to ensure that employees' future pension claims ar e safeguarded. This ensur es that employees' retirement benefits are well-protected and their r etirement life is pr operly cared for.

 

Both regular and contract employees are entitled to group insurance plans (life insurance, accident insurance, hospitalization insurance, and cancer insurance) from the first day of employment, providing extra protection for employees and their families. Considering the increasing risk of cancer among the population, the Company also offers an optional "Critical Illness Insurance Policy" that employees can choose t o add (with 50% subsidiz ed by the Company), allowing employees to secure more extensive coverage and c are at a r educed premium rate.

Gemtek Mainland China All employees are required to contribute to the five insurance programs, which include: endowment, medical, unemployment, work injury, and maternity insurance. Male employees are eligible for retirement at the age of 60, while female employees can retire at the age of 50. They are entitled to a retirement pension under the social security system, equivalent to the full amount of their contributions to the five insurance programs. The Company contributes 16% of the endowment insurance, while employees contribute 8%. For medical insurance, the Company contributes 6%, while emplo yees contribute 2%. Full-time employees have a 100% p articipation rate in the r etirement pension plan.
Gemtek Vietnam In accordance with the Vietnam Social Insurance Law, Gemtek Vietnam is obligated to cover a portion of the social insurance for its employees. This includes 17.5% for social insurance, 3% for medical insurance, and 1% for unemployment insurance. Employees who have contributed to the social insurance for more than 20 years and are over 55 years and four months old can receive a lifelong retirement pension after retirement. For foreign executives, as per the Vietnam Social Insurance Law, a lump-sum retirement allowance can be claimed upon resignation. Full-time employees have a 100% p articipation rate in the r etirement pension plan.

Note: The Mainland factories include Gemtek (Kunshan) and Gemtek (Changshu).

Gemtek Technology Co., Ltd.
Stakeholder Sustainability Awareness Questionnaire

 

Dear Sustainability Partner,
Gemtek Technology is committed to strengthening communication with stakeholders and values your input on sustainability issues. We sincerely invite you to participate in the Sustainability Awareness Questionnaire. Your insights will play a key role in our analysis of sustainability topics and help shape our future strategies and the information disclosed in our sustainability reports.

This questionnaire is intended exclusively for Gemtek Technology’s internal analysis of stakeholder concerns. Your responses will remain anonymous, and the information you provide will be used solely for this purpose, ensuring your privacy is fully protected. We sincerely appreciate your time and input in sharing your perspectives on these topics. Thank you!

 

Gemtek Technology Co., Ltd.
ESG Sustainable Development Center
Phone: +886-3-598-5535
E-mail: Gemtek_suggestion@gemteks.com

Gemtek Technology Co., Ltd.
Stakeholder Sustainability Awareness Questionnaire

 

Dear Sustainability Partner,
Gemtek Technology is committed to strengthening communication with stakeholders and values your input on sustainability issues. We sincerely invite you to participate in the Sustainability Awareness Questionnaire. Your insights will play a key role in our analysis of sustainability topics and help shape our future strategies and the information disclosed in our sustainability reports.

This questionnaire is intended exclusively for Gemtek Technology’s internal analysis of stakeholder concerns. Your responses will remain anonymous, and the information you provide will be used solely for this purpose, ensuring your privacy is fully protected. We sincerely appreciate your time and input in sharing your perspectives on these topics. Thank you!

 

Gemtek Technology Co., Ltd.
ESG Sustainable Development Center
Phone: +886-3-598-5535
E-mail: Gemtek_suggestion@gemteks.com