Approach
In addition to paying fair wages, Gildan provides resources and benefits that enable a high-performance culture.
Physical and mental well-being
We offer a wide range of medical benefits with variations based on geography and local statutory requirements. All eligible employees worldwide can participate in our employee benefits programs, which include medical, dental, and vision care plans, and wellness programs.
Outside of the U.S., many of our manufacturing facilities operate in areas without convenient access to high-quality health services. To help address this, we operate fully equipped medical clinics at our manufacturing facilities in Bangladesh, the Dominican Republic, Honduras, and Nicaragua. Employees can visit the clinics for medical appointments, preventative services, screenings, and vaccinations at no cost. In addition, medical staff offer support for first-time mothers, providing pre- and post-natal care, as well as free maternity workshops. Topics include exercise techniques to facilitate birth, preparing the home for a new baby, caring for a newborn, and breastfeeding guidance.
At our corporate head office in Canada, permanent salaried employees have access to an online health and wellness platform built to deliver high-quality, multidisciplinary virtual care. Service providers available through the application include healthcare professionals, mental health specialists, and legal and financial specialists.
Mental health resources
We provide resources and support to help employees manage stress, anxiety, and overall mental health:
- Our Employee Assistance program offers free, confidential mental health services and stress management to employees and their families in Australia, Barbados, Canada, the Dominican Republic, Honduras, Nicaragua, and the United States.
- Our Saving Our Family program in Honduras offers need-based virtual discussions, talks, and consultations on topics like stress control, psychological management, work-life balance, mindfulness, and finance and family budgeting.
- Private, weekly in-person sessions with a psychologist are available at several of our manufacturing facilities.
Helping employees balance work and life responsibilities
We help our employees balance life and work in a variety of ways, including:
-
At some locations, based on employee roles and responsibilities, we offer hybrid work schedules allowing employees to work remotely.
-
At our Honduras Rio Nance manufacturing complex and at one of our facilities in Nicaragua, we offer the convenience of general stores where employees can purchase non-perishable food and other household products at discounted prices.
-
At most of our manufacturing facilities, we provide free transportation to and from work. Buses contracted by Gildan pick up and drop off employees at various locations in their communities.
-
Some Gildan facilities are equipped with wellness rooms where workers can take time off to relax and de-stress.
-
Many of our facilities host an annual Gildan Family Day, an opportunity for employees to bring their family members to our facilities and/or offices and participate in fun and educational activities.
Financial well-being
We offer competitive compensation programs to support the financial health of our employees.
In addition to wages and salaries, Gildan’s short-term compensation plan includes paid time off and bonuses where applicable. The Company also offers a long-term incentive plan that includes stock options, performance share units, and restricted share units for certain employment categories.
Gildan supports workers’ financial health through employee cooperatives – independent legal entities similar to credit unions – that encourage employees to grow their savings and offer loans at lower interest rates. Employee cooperatives are available to all our employees in Honduras, Nicaragua, and the Dominican Republic. External auditors and professional advisors from our Finance and Human Resources departments help ensure that the cooperatives are properly managed and operate in compliance with local regulations.
Gildan offers defined contribution retirement plans to eligible employees in certain locations, and the Company matches all, or a portion of, an employee’s contributions up to a fixed percentage of the employee’s salary. Retirement benefits are also provided to employees through defined contribution plans administered by governments in select countries where we operate.
In Bangladesh, we offer a voluntary investment fund for employees. Established by both the Company and our employees, it serves as a potential retirement fund, and we match up to 7% of the monthly contribution. If an employee leaves after two years of service, they can retain both their contribution and Gildan's contribution.