Employee Profile
“Employees” are GIS's greatest asset. Therefore, creating a workplace environment that attracts talent is crucial for enhancing GIS's competitiveness and achieving sustainable business goals. As of December 31, 2023, GIS employs a total of 8,807 full-time staff (61% male and 39% female), with no temporary, part-time, or guaranteed-hour employees. Most employees are between the ages of 30 and 50, accounting for 76% of the workforce.
For management appointments, GIS prioritizes local personnel, with a requirement that local hires must constitute at least 80% of the management team. In 2023, the local management appointment ratios for each site were as follows: Chengdu Plant 89%, Shenzhen Plant 89%, Wuxi Plant 67%, and Taiwan Plant 100%. Due to operational strategy adjustments, the Wuxi Plant saw a reduction in local senior management, with transfers or reassignments to other plants, resulting in a lower proportion of local senior managers. The other sites met GIS’s standard for local senior management appointments.
GIS is committed to equal and diverse talent recruitment. In the China plants, adherence is given to the group's guidelines on the recruitment and employment of persons with disabilities. In the Taiwan plants, local legal requirements for hiring individuals with physical or mental disabilities are followed. Salary standards for employees with disabilities are aligned with those of other employees, ensuring equal treatment.
To support employees with disabilities, accommodations are provided in employee dormitories for their daily care. Additionally, a care organization established by the company union facilitates their participation and integration into social life. This includes hosting seminars, providing gifts, and offering support for handling complaints and resolving disputes.
In 2023, the China plants employed a total of 115 individuals with disabilities (83 male and 32 female). Due to the challenges in recruiting persons with disabilities, the current number does not meet the legal minimum employment requirement. As a result, the required compensation has been paid to the government. In the Taiwan plants, there are currently 3 employees with disabilities (all male), and the necessary supplementary fees have been paid to the government for the shortfall.
Additionally, in 2023, the China facilities employed 340 ethnic minority employees (192 male and 148 female), representing 3.9% of the workforce
Employee Care
Employee Compensation
GIS ensures that all employee compensation and benefits adhere to local regulations, including minimum wage, overtime, insurance, pension systems, and other statutory benefits. Salaries are determined based on educational background, professional experience, individual performance, and market conditions, with no differentiation based on gender, race, religion, political views, or marital status. Employees receive a base salary that exceeds the legal minimum wage. All compensation is adjusted according to the minimum wage announced by local governments, and actual salaries vary based on individual seniority, performance evaluations, job responsibilities, and potential for future development.
Freedom of association
GIS diligently adheres to local labor regulations across all regions. In China, the company follows the Labor Law, while in Taiwan, it complies with the Labor Standards Act to ensure the protection of employee rights. Any changes in employment conditions or termination of labor contracts are conducted in accordance with local labor laws. In 2023, there were no significant operational changes that could severely impact employee rights.
Additionally, each China plant has a union where employees can voluntarily apply for membership. The union holds a workers' representative assembly to vote on and approve the draft of the collective agreement. Under the witness of worker representatives, a collective agreement (union agreement) is signed between the worker representatives and the company representatives. This agreement covers all formal employees in China plants. Although there is no union at the Taiwan Plants, labor rights are safeguarded through labor-management meetings with 12 labor representatives. In 2023, GIS's collective agreement (union agreement) covered 93% of employees. There were no labor disputes adjudicated against the company in 2023.
Welfare and Benefits
To enhance corporate cohesion and increase employee sense of belonging, GIS fosters a harmonious workplace atmosphere and showcases its corporate culture and employee spirit. The company organizes a range of activities during key festivals such as Chinese New Year, Dragon Boat Festival, and Mid-Autumn Festival, offering festive care and support. Additionally, GIS hosts a variety of employee activities including cultural and sports events, skill competitions, seminars, and birthday parties.
In 2023, GIS conducted a total of 786 events, with 106,115 participants. Beyond these activities, the company also provides marriage bonuses, maternity allowances, and organizes family days, department dinners, and retirement farewell parties. Employees also benefit from dormitory accommodations, transportation services, medical reimbursement, and assistance for employees in difficulty, including relief allowances.
