Alibaba’s new welfare Plus extra days off work without reducing salary

employee-benefit

“Employee benefits” 

“Alibaba continues to improve welfare for employees in the group.

for a good quality of life and it increases the motivation to work more efficiently.”

It can be said that it can create quite a lot of attraction for employees.

and improve the benefits of Employee welfare

by offering more paid breaks higher allowance More flexible work schedules too.

Content

Employee benefits for the better quality of life

employee-benefit
the welfare of affiliated employees for a better quality of life.

1. To increase flexibility in working time

Employees can choose to Work from Home one day per week.

Increase leave days without salary reduction by 7 days / per year from the original number of holidays.

and up to 20 days per year for senior employees Working in the company for more than 10 years

2. Alibaba has increased the welfare budget.

The annual new team building is 1,200 yuan ($188) – 1,800 yuan per person,

from 800 yuan – to 1,200 yuan, and introduced a new monthly freight of up to 1,200 yuan.

3. Increase the budget for Company tourism activities or outing

To create morale in the work of the team

Focus on flexible welfare benefits

The company’s founder, Jack Ma,

has publicly stated that his philosophy is “hire three people to do five jobs while paying four people’s salaries”.

TikTok ByteDance recently ended its employee culture.

Working 6 days a week, every 2 weeks, or a break between weeks

Tencent Holdings Ltd (OTC: TCEHY),

a subsidiary of Lightspeed & Quantum Studios,

has released a new policy. Employees are required to go home before 6 PM every Wednesday.

Know Alibaba and employee benefits

alibaba-company-benefit
Know the giant Alibaba Company

When it comes to big companies The world’s largest e-commerce leader

Everyone must be thinking of Alibaba Group Holding Limited,

known as a Chinese multinational technology company

specializing in e-commerce, retail, internet and technology.

 

Jack Ma, founder of Alibaba was established on June 28, 1999, in Hangzhou, Zhejiang.

The company provides consumer-to-consumer (C2C) sales, business-to-consumer (B2C)

and sales services. Business-to-business (B2B) through a web portal

including electronic payments, Search Engine services,

shopping, and Cloud Computing services,

 

Alibaba is one of the largest retail and e-commerce companies in 2020,

also ranked among the top artificial intelligence companies,

FinTech and online payment platforms.

The 5th largest in the world

It is also one of the largest venture capital firms and one of the largest investment firms in the world.

The company hosts B2B marketplaces including (Alibaba.com), C2C (Taobao) and B2C (Tmall).

It has expanded into the industry with 3% year-over-year revenue growth.

It also set a Chinese publication record in 2018 Singles’

Day, the world’s largest online and offline shopping day.

“It can be seen that the good welfare of the organization All of them are very important to employees.

To create morale and encouragement for employees to continue working with the organization”

New employee Benefit
“Work from Home 1 day per week”

and get additional leave.

welfare-benefit
employee benefits Work from Home 1 day per week and get additional leave.

At this point, anyone They also like Alibaba’s new way of working.

In addition to the policy that employees can work from home 1 day per week

You can also add days off work.

without reducing salary for another 7 days / per year from the original number of holidays

and up to 20 days per year for senior employees Working in the company for more than 10 years

Also, Alibaba also increases the budget for Company tourism activities

or outing to create encouragement and increase motivation in the work of the team as well.

It can be said that the whole organization is happy.

benefit-welfare
flexibility in working time

Working 6 days a week is not cool 

The new generation sees that working 6 days a week is It’s not a necessity anymore.

Anthony Cai, a current Baidu employee,

said working six days a week is rare at large companies these days.

And this year, several tech companies, including TikTok developer

ByteDance has ended and modified its 6-day scheduling policies every other week or week.

And also said that working on Saturdays is no longer popular in this era.

But getting off work late or for the department head to come home after midnight without the OT still being available.

according to Chinese labor law,

the Normal work schedule is 8 hours/day, up to 44 hours per week.

If there are extra hours beyond that the company has to pay overtime to its employees.

but also looking at another point of view that such an idea may not be

And it is not necessary to work in this era anymore.

Because the group of people working in technology in China

have begun to come out against whether to create a domain name 996.ICU

to communicate that If you work 996, you’re at a greater risk of going into the ICU.)

Your hard work can have a negative effect on your health. definitely

Professor of Corporate Psychology and Chinese Health

Health-benefit
 hard work negatively affects health.

Cary Cooper, professor of organizational psychology and health at Alliance Manchester Business School

said companies should start to pay attention to working overtime to be less

Because working hard can affect the health and affect the productivity of employees

Therefore, there should be flexible working times.

and increasing the potential of employees within the organization

Cooper also said that the perspectives and ideas of the new generation

who want to have a good quality of life at work

It is also an important factor in changing the way companies work in China.

In the future

companies may need to reduce overtime to attract new generations.

Flexible working hours Reduce overtime work

Including working on Saturdays may not be necessary.

or if using the 996 work culture concept

means employees work from 9:00 a.m. to 9:00 p.m. and work 6 days a week

It has remained in Chinese companies for many years.

It might not work for the newer generation.

with new technology occurring all the time in the present

for example

Faper Fu, a university student in Nanjing,

said he had little interest in implementing the 996 policies.

He might consider this offer,” Faper Fu said.

But this may not be a factor. And a long-term plan for him 100%

because there is a good balance between work.

and have a better lifestyle It was the most important thing for his own life.

Finally

Jack Ma, founder of Alibaba Said at an internal meeting of the company in 2019,

he was found to be the one who supported 996 work culture (entering work at nine o’clock).

Quit work at three o’clock and work continuously six days a week)

He sees that 996 may benefit people with 10 years of work experience,

and those who work according to 996

are equivalent to those who have worked for more than 20 years.

however, the company still recognizes

the importance of health and better lifestyles for its employees.

 

Employee benefits for employees

include more flexible working styles

and able to work from home 1 day per week

Not only that, but employees can also choose to take extra leave without deduction of salary.

It can be seen that the welfare of employees is good.

All deliver many benefits to many parties.

whether the organization or the employees themselves

with flexible working Employees within the organization feel happy.

and would like to continue working with the organization

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