Recruitment and Retention of Talents
GMTC has attached great importance to employees, adhering to the principles of fairness and diversity. During recruitment, hiring, performance appraisal and promotion of employees, the Company upholds equality in terms of gender, age, race, religion, political affiliation, marital status, educational background and experience, as it mainly considers having the right person in the right job. In addition to combining multi-channel talent acquisition channels, such as HR companies, government-sponsored talent recruitment activities, summer internships, and industry-academia cooperation, we also encourage employees to introduce new talents by providing referral bonuses, and recruiting new talents for future corporate development.
We recruit outstanding talents from across industries, activate organizational vitality, and use the flexible salary review mechanism to consider educational background, place of residence, and transportation distance at the same time for hiring and salary to facilitate the attraction of outstanding talents; new employees joining the Company and passing the evaluation at the end of their probationary period will be accepted. They may apply for a salary increase and are provided a retention shareholding subsidy of up to 200%.
At the beginning of 2023, all employees were rewarded for their hard work in creating corporate profits with an increase in base salary of 3% In addition, the Company took the market salary structure and adjusted the internal salary structure into account at the same time by considering the Company's financial and operational performance, linking the work performance of employees, providing cash bonuses to employees every quarter of the year, giving timely rewards to employees, and issuing year-end bonuses and dividends when there is a surplus in the annual settlement. The Company has long promoted employee stock ownership, and those who pass the probationary assessment are applicable to the employee shareholding trust system. The Company provides a 25% subsidy when employees purchase the Company's stocks every month. Employees are encouraged to make long-term savings to plan for future retirement and participate in the growth of the Company. By optimizing salaries and benefits, we attract and retain talents. As of the end of 2023, 791 people qualified to participate in the trust holding, and the actual number of participants was 215, accounting for 27.2% of the total number of employees.