Trip.com Group Offers Cash Bonuses to Employees Who Have Kids
Trip.com Group, the largest online travel company in the world, looks to address China's population decline and aging demographic by offering cash incentives to employees to have kids.
Recognizing the need for a supportive working environment and the challenges posed by the population decline, the company has introduced a childcare subsidy program for its employees.
Under this program, employees who have been with the company for three years or more will receive an annual cash bonus of $1380 (RMB 10,000) for each newborn child from the child's first birthday until the age of five.
This initiative, with a budget of $138 million (RMB 1 billion), aims to support employees in their family planning journey while promoting a healthy work-life balance.
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