Our current profit-oriented business world exploits nature and people.
I believe that only corporations have the necessary power to create the changes needed for a new and exploitation-free society.
It is up to us, the companies, to start this process.
Our current profit-oriented business world exploits nature and people.
I believe that only corporations have the necessary power to create the changes needed for a new and exploitation-free society.
It is up to us, the companies, to start this process.
I believe that only corporations have the necessary power to create the changes needed for a new and exploitation-free society.
It is up to us, the companies, to start this process.
Frank Martin Püschel, CEO
RADICAL
CORPORATE SOCIAL RESPONSIBILITY
ONE THIRD OF PROFIT IS RE-INVESTED TO PROMOTE OUR EMPLOYEES' QUALITY OF LIFE
At GSN, we regard both business and social targets as equally important. Thus, we like to challenge the prevailing labour practices across China's electronics manufacturing industry by respecting the dignity and the social well-being of migrant workers instead of just exploiting them.
Employee engagement is at the core of our HR agenda and a key driver for our organizational development. Thanks to our innovative approach to employee relations our average employee return rate after the Chinese New Year festive season remains as high as 95%. The internal factory regulations of our CR Role Model Factory are fully complying or exceeding social compliance requirements and are being reviewed and audited by local authorities, NGOs and customers on an ongoing basis.
Employee engagement is at the core of our HR agenda and a key driver for our organizational development. Thanks to our innovative approach to employee relations our average employee return rate after the Chinese New Year festive season remains as high as 95%. The internal factory regulations of our CR Role Model Factory are fully complying or exceeding social compliance requirements and are being reviewed and audited by local authorities, NGOs and customers on an ongoing basis.
CSR FRAMEWORK
- Dedicated onsite CSR management team
- Employee Representation System
- Periodic social compliance audits
- Anonymous feedback & grievance mechanism
- Management training on social best practices
- Monitoring labour conditions at suppliers and their suppliers
WAGES & BENEFITS
- Direct labour contracts
- Full social insurance incl. Housing Provident Fund
- Urban Shenzhen Living Wage
- Monthly Performance Bonus
- Max. 49 working hours per five-day work week
- Two rest days per week (free weekends)
- 15 days paid annual leave regardless of seniority
SOCIAL WELL-BEING
- Free potable water, tea, milk, soft drinks
- Dorm rooms with 1-4 beds only at no extra charge
- Free Wi-Fi/air-conditioning at company dorm
- Gated and greened campus with recreational area
- Annual company trip and year-end party
- Monthly shopping voucher
- Extra 2x5 days paid 'See Your Child' leave
- Free fresh fruit daily (2015-2016)
- Free weekly English classes (2014-2016)
- Annual medical check-up (2014-2015)
AWARD FOR
THE GSN LIVING WAGE SYSTEM
The Living Wage system implemented by GSN Electronics (Shenzhen) has been awarded second place in the "Small Enterprises" category at the "More Than a Market" Awards Gala in Shanghai. The Living Wage system was introduced in 2018 to provide all employees with a fair opportunity to earn a monthly Living Wage without overtime, following the eco-social business concept TRI-MONY. The Bertelsmann Stiftung and the German Chamber of Commerce in China, supported by the diplomatic representations of the Federal Republic of Germany in China and the Legal Center for NGOs ("ForNGO"), honoured German companies for their outstanding social engagement in China for the fourth time.
