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    India’s Third Semiconductor Plant to Start Production in July; Fourth Plant by Nov-Dec, Says Vaishnaw

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    India’s Third Semiconductor Plant to Start Production in July; Fourth Plant by Nov-Dec, Says Vaishnaw

    India’s Third Semiconductor Plant to Start Production in July; Fourth Plant by Nov-Dec, Says Vaishnaw

    Madhya Pradesh Govt Assigns IAS Arvind Kumar Dubey Additional Charge as Director of Public Relations

    MP Govt Assigns IAS Arvind Kumar Dubey Additional Charge as Director of Public Relations

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    West Bengal Govt Appoints IAS Shantanu Bala as Private Secretary to CM

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    Bihar Govt Transfers 11 IAS Officers; IAS Santosh Kumar Mall Made Principal Secretary, Disaster Management Dept

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    Jan Suraksha Schemes Bring Rs 25,000 Crore Relief to Millions in 11 Years, Says Govt

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    Delhi Govt Transfers 12 IAS Officers; IAS Vikas Anand Made Secretary, Information & Publicity Dept

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    Eight IAS Officers Appointed Joint Secretaries in Key Ministries; IAS D. Senthil Pandiyan Made Joint Secretary, Water & Sanitation

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    C. Joseph Vijay Sworn In as Tamil Nadu CM along with Nine Cabinet Ministers

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    Dr AK Panda Takes Charge as CMD of SAIL Ltd, Outlines 35 MTPA Expansion Plan

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    IIT Patna Develops AI Wearable Device for Early Dementia Detection

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    Punjab Govt Allocates Rs 204 Crore for Free Textbooks to SC Students in State

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    Canara Bank Q4 Results: Net Profit Falls 10% to Rs 4,506 Crore, Declares Dividend

    Canara Bank Q4 Results: Net Profit Falls 10% to Rs 4,506 Crore, Declares Dividend

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    Hyundai Motor India Q4 Results: PAT Falls 22% to Rs 12,556 Crore, Declares Rs 21 Dividend

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    Titan Q4 Results: Net Profit Rises 35% to Rs 1,179 Crore; Declares Rs 15 Dividend

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When Paychecks Become Vouchers: The Unfolding Controversy in China’s Workplaces

By: Editorial Desk

According to the employee, each voucher, like cash, has a unique number. The employees are expected to assist them in buying the things they desire.

by Editorial Desk
January 29, 2025
in HR, HR Trends & Global News
Reading Time: 2 mins read
When Paychecks Become Vouchers: The Unfolding Controversy In China’s Workplaces

When Paychecks Become Vouchers: The Unfolding Controversy In China’s Workplaces

Summarize with:

A Chinese company came under fire after one of its workers said they were given vouchers rather than cash for their salary. In addition to drawing a lot of criticism, the employee’s social media post led to an official investigation of the company.

The South China Morning Post (SCMP) claims that the shopping center gave out vouchers in varying quantities to its staff, informing them that they could use them to purchase a variety of goods, primarily clothing and food. The coupons, which range in value from $1.4 to $70, are said to have no monetary value and cannot be used to pay for other goods.

According to the employee, each voucher, like cash, has a unique number. The employees are expected to assist them in buying the things they desire.

The employees were allegedly told by the corporation that they could use the vouchers to pay property management costs and purchase certain group-owned properties and parking at a reduced cost. However, a mall employee informed Chinese Business View that they are primarily suitable for dining establishments and apparel retailers. Additionally, customers do not receive their money back if the amount they paid for an item is less than the voucher’s worth.

People were immediately outraged by the share, and several called the firm “inhuman.” “Since when can a company issue its own currency?” someone wrote. They ought to receive harsh punishment.

Additionally, according to SCMP, the local social security and human resources bureaus have stated that they are investigating the case.

Also Read –
  • Infosys to Expand Hyderabad IT Campus, Add 17,000 Jobs
Summarize with:
Tags: China WorkplaceChinese companyHRlocal social securityPaymentsalarySCMPSouth China Morning PostUnfolding Controversy In China WorkplacesworkersWorkplace
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