This Chinese company will pay its workers $140 million to have kids
Workers who have been with the company for at least three years will receive an annual bonus of 10,000 yuan for each new-born child every year from the child’s first birthday until they reach the age of five. The policy will take effect on Saturday. “Through the introduction of this new childcare benefit, we aim to provide financial support that will encourage our employees to start or grow their families without compromising on their professional goals and achievements,” Trip.
“I have always suggested that the government give money to families with children … to reduce the family’s child-rearing costs and help more young people fulfill their desire to have multiple children,” Liang said in that statement. “Companies can also play a role within their own capabilities to build a favorable reproductive environment,” he added. There are other examples.
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