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#392  Nov 13, 2020    email version


May employers impose fines on employees who are late?


Shall an employer has the right to impose fines on its employees who are late?

雇佣动态 / Employment Express
  • 中央:建议实施渐进式延迟法定退休年龄

    Central Committee: It’s proposed to raise the statutory retirement age progressively


    Reportedly, the Proposal of the Central Committee of the CPC on Formulating the Fourteenth Five-Year Plan for National Economic and Social Development and the Long-term Goals for 2035 was announced recently. It’s proposed that the basic old-age insurance should be coordinated nationwide and that the statutory retirement age should be postponed progressively. A multi-level and multi-pillar old-age insurance system should be developed.

  • 深圳:明年1月1日起加班太多将被强制休假

    Shenzhen: Mandatory vacation from January 1 next year in case of too much overtime work


    Recently, Shenzhen adopted the Health Ordinance of Shenzhen Special Economic Zone to explicitly implement the mandatory vacation system, whereby the rotation system would be implemented for employees with heavy mental and manual labor. At the same time, employers should strictly implement the paid time off system for employees. The Ordinance will come into effect formally from next January.

  • 深圳:2021年10月起将征收社保“第六险”

    Shenzhen: The “sixth social insurance" will come into effect from October 2021


    Shenzhen has recently published the Regulations of Shenzhen Special Economic Zone on Aged Care Services, which states clearly that long-term care insurance premium will be levied from October 1, 2021. The contribution standard is 0.1% of the average monthly salary, with employer and employee contributing 50% each, which means that the social security composed of “five insurances” that Shenzhen people are now contributing to on a monthly basis will contain “six insurances”.

  • 渣打银行:明年起 永久实行弹性工作制

    Standard Chartered Bank: To implement flexible work schedule permanently from next year


    Recently, Standard Chartered Bank, headquartered in London, UK, reportedly announced its plan to implement a flexible work pattern permanently from next year. It’s estimated that by the end of 2021, more than 4,000 employees of Standard Chartered Bank would adopt mixed work pattern. Standard Chartered Bank said that hopefully 90% of employees would adopt flexible work pattern by 2023.

  • 10000


    Recently, ByteDance reportedly said that its domestic employees numbered close to 30,000 in 2020, and that it planned to offer 10,000 additional jobs before the end of the year. Once the recruitment is completed, the headcount of ByteDance will exceed 100,000.

  • 5000

    近日,据报道,在小米开发者大会上,小米董事长兼CEO雷军透露, 2021年小米将扩招5000名工程师。涉及十个重点领域,包括相机影像,5G、6G通讯标准技术等。

    Recently, Lei Jun, chairman and CEO of Xiaomi, reportedly told Xiaomi Developers’ Conference that Xiaomi would recruit 5,000 additional engineers in 2021. Ten key fields are involved, including camera images, 5G and 6G communication standard technologies, etc.

  • 20.6亿元


    Recently, 5% of total shares were reportedly reserved for subsequent equity incentives after the listing of MINISO. Chiefly, newly recruited talent, and employees currently in office will be granted as much as 2.06 billion yuan of incentives.

  • 2000


    Recently, Nikon reportedly said it planned to lay off more than 2,000 overseas employees by March 2022, accounting for about 20% of its total overseas employees. It’s reported that Nikon has already laid off 700 overseas employees in May 2020.

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