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Top related persons:
” - 2 Group’s - 1 Lee Joong - 1 keun - 1 “ - 1 ” Lee - 1 China’s Trip.com - 1 China’s - 1
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Seoul CNN - 1 CNN - 1 Statistics Korea - 1 Booyoung - 1 South - 1 Hong Kong CNN - 1 Workers - 1 Communist - 1

Search resuls for: "China’s Trip.com"


2 mentions found


☆ A South Korean firm is offering to pay its workers $75,000 each time they have a baby
  + stars: | 2024-02-06 | by ( Gawon Bae | ) edition.cnn.com   time to read: +2 min
Seoul CNN —A South Korean company is ready to pay millions of dollars to help fix the country’s abysmally low birth rate. Booyoung Group, a construction firm based in Seoul, plans to pay employees 100 million Korean won ($75,000) each time they have a baby, it said in a press release Monday. It will also pay a total of 7 billion Korean won ($5.25 million) in cash to employees who have had 70 babies since 2021, the company added. Countries like South Korea, Japan and China, however, have shied away from mass immigration to tackle the decline in their working age populations. The South Korean government and other private companies already offer financial perks to encourage people to have more children, but none on the scale of Booyoung Group’s benefits.
Persons: Group’s, Lee Joong, keun, ”, “, ” Lee, China’s Trip.com Organizations: Seoul CNN, CNN, Statistics Korea, Booyoung, South Locations: Seoul, Korean, South Korea, Korea, Japan, China
☆ China's Trip.com will pay its workers $140 million to have kids
  + stars: | 2023-06-30 | by ( Laura He | ) edition.cnn.com   time to read: +4 min
Hong Kong CNN —China’s Trip.com, one of the world’s largest online travel agencies, is introducing new childcare subsidies worth 1 billion yuan ($138 million) to encourage its 32,000 employees to have kids. Trip.com’s announcement follows similar initiatives by smaller Chinese companies and comes as the country faces a demographic crisis. The country is now the world’s second most populous nation, having fallen behind India, according to the United Nations. Giving birth to a first or second child would lead to payments of 30,000 yuan ($4,130) and 60,000 yuan ($8,260) respectively, the reports said. Some 6.83 million couples married in 2022, according to data released by China’s Ministry of Civil Affairs earlier this month.
Persons: China’s, ”, James Liang, …, ” Liang, — CNN’s Simone McCarthy Organizations: Hong Kong CNN, Workers, Communist, United Nations, Beijing, Beijing Dabeinong Technology, China Securities, QiaoYin, QiaoYin City Management, China’s Ministry of Civil Affairs Locations: Hong Kong, Communist China, India, Trip.com, Beijing, QiaoYin City, China
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