• Le_Wokisme [they/them, undecided]@hexbear.netEnglish
    2·
    24 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.netEnglish
      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.