• Pili [any, any]@hexbear.net
          link
          fedilink
          English
          arrow-up
          18
          ·
          2 days ago

          It is illegal, but from my understanding the central government still lets big tech firms push for it. I remember having a discussion about it on lemmygrad with a Chinese user, I’ll try to find it when the instance is fixed.

          • xiaohongshu [none/use name]@hexbear.net
            link
            fedilink
            English
            arrow-up
            8
            ·
            edit-2
            1 day ago

            It is illegal but enforcement is very lax, because of the way the revenue structure works in China.

            Value-added tax forms the major tax base of both the central and local governments, and so the economy is already predisposed to be reliant on those companies to generate as much revenue as they can. Strict enforcement means lower output, less revenues and less tax revenues for the governments to spend on public utilities. That’s not the only reason though and we can write an entire essay on it.

            If China wants to stop this behavior, then a complete revamp of its fiscal and monetary systems will be needed.

            Ironically, it is the foreign companies like Apple and Tesla that are most compliant to Chinese regulations and give the best salary and benefits, because they don’t want to infringe on Chinese labor laws and risk having their access to the Chinese market revoked. On the other hand, Huawei, the darling of Hexbear, is well known for giving zero day of annual paid leave. ZERO.

            • Le_Wokisme [they/them, undecided]@hexbear.net
              link
              fedilink
              English
              arrow-up
              2
              ·
              23 hours ago

              On the other hand, Huawei, the darling of Hexbear, is well known for giving zero day of annual paid leave. ZERO.

              that’s the co-op isn’t it? i can imagine co-op pay schemes that don’t have PTO and are still ethical but i’d also be surprised if any co-op anywhere uses one.

              • xiaohongshu [none/use name]@hexbear.net
                link
                fedilink
                English
                arrow-up
                2
                ·
                edit-2
                14 hours ago

                It’s not a co-op. It’s a company where employees owned “virtual shares” (due to historical reasons when Huawei nearly went bankrupt rather than as a business model) but do not have voting rights as shareholders.

                To own virtual shares, employee has to sign a “Strivers Agreement” that automatically forgoes annual leave and benefits in exchange for higher pay, dividend payout and promotion opportunities. There are actually papers written about it.

            • Pili [any, any]@hexbear.net
              link
              fedilink
              English
              arrow-up
              4
              ·
              1 day ago

              Thanks for the info!

              Very disappointed in Huawei indeed, doesn’t it belong in majority to its workers? Why wouldn’t they grant themselves some paid leaves?

              • xiaohongshu [none/use name]@hexbear.net
                link
                fedilink
                English
                arrow-up
                2
                ·
                edit-2
                14 hours ago

                Employees can own “virtual shares” if they demonstrate certain competency (due to historical reasons when Huawei nearly went bankrupt rather than as a business model) but do not have voting rights as shareholders.

                To own virtual shares, an employee has to sign a “Strivers Agreement” that automatically forgoes annual leave and other benefits like maternity leave in exchange for higher pay, bonus, dividend payout and promotion opportunities. There are actually papers written about it.