Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /home/fintekas/public_html/wp-content/plugins/social-networks-auto-poster-facebook-twitter-g/inc/nxs_functions_engine.php on line 173

Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /home/fintekas/public_html/wp-content/plugins/social-networks-auto-poster-facebook-twitter-g/inc/nxs_functions_engine.php on line 180

Warning: Cannot modify header information - headers already sent by (output started at /home/fintekas/public_html/wp-content/plugins/social-networks-auto-poster-facebook-twitter-g/inc/nxs_functions_engine.php:173) in /home/fintekas/public_html/wp-content/plugins/wp-super-cache/wp-cache-phase2.php on line 1197
A Boss With Benefits: Alibaba Responds To China’s Rising Inflation – FintekAsia


A Boss With Benefits: Alibaba Responds To China’s Rising Inflation


Warning: Use of undefined constant php - assumed 'php' (this will throw an Error in a future version of PHP) in /home/fintekas/public_html/wp-content/themes/colornews-child/template-parts/content-single.php on line 53

News Source: ChinaTechNews.com

Chinese B2B e-commerce group Alibaba has announced plans to launch a CNY3 billion housing loan scheme for its employees and a CNY500 million education fund to solve the preschool and primary education problems of children of its employees.

Meanwhile, considering the pressure brought by Chinese commodity price increases and fast inflation rise, the group will give over CNY40 million in one-time subsidiaries to its junior staff.

Peng Lei, chief human resources officer of Alibaba Group, told local media that over the past 12 years, Alibaba's most valuable resources have been its clients and employees. While creating value for customers, many employees have started bearing more family and social pressure with the fast rise in prices in China. Alibaba Group therefore aims to provide a better life to its employee and their families.

Starting...



Warning: Use of undefined constant php - assumed 'php' (this will throw an Error in a future version of PHP) in /home/fintekas/public_html/wp-content/themes/colornews-child/template-parts/content-single.php on line 108

This news article comes via ChinaTechNews.com , who is the copyright owner of this information and news. FintekAsia.com has licensed the rights to this article and any republication or re-distribution in whole or in part of this content is strictly prohibited without the express consent of ChinaTechNews.com

You May Also Like