Views: 2261|Replies: 27

Will Chinese companies follow suit? [Copy link] 中文

Rank: 8Rank: 8

Medal of honor

Post time 2017-4-13 09:55:27 |Display all floors

According to Yahoo, Starbucks is rolling out an insurance plan to cover the parents of its employees in mainland China should they fall critically ill. Beginning June 1, the Starbucks China Parent Care Program’ is expected to benefit more than 10,000 parents of Starbucks’ employees in China, the coffee maker’s largest and fastest growing market outside the United States, according to a company press release issued Tuesday. I am not sure if it is a publicy stunt, but it is a good gesture for a company to help its employees take care of their aging parents. The question is, will Chinese companies follow suit?


Use magic tools Report

Rank: 8Rank: 8

2016 Most Valuable Member 2015 Most Valuable Member 2014 Most Valuable Member

Post time 2017-4-13 15:06:58 |Display all floors
We shall see

Use magic tools Report

Rank: 8Rank: 8

2016 Most Valuable Member Medal Gold Medal

Post time 2017-4-13 15:27:07 |Display all floors


It will have a direct and very negative influence on Starbucks coffee taste and quality. The price will remain sky-high, so they have to squeeze extra maos out of us consumers. This they can only do I they source less costly, less good coffee beans.

Use magic tools Report

Rank: 6Rank: 6

Post time 2017-4-15 07:44:21 |Display all floors
The school I work for did this for the the Chinese teachers last year.  Our school began providing insurance coverage for the parents of our teachers... foreign teachers excluded obviously.
You don't need a weatherman to know which way the wind blows. — Bob Dylan

Use magic tools Report

Rank: 4

Post time 2017-4-15 19:07:57 |Display all floors
This post was edited by Jaaja at 2017-4-15 19:08

As long as it is as discretion of each employee. I can imagine that in many cases a single child taking care of two parents (or even more), could prefer to cover this insurance expense out of his own salary, if in case of parents' illness he would cover the treatments anyway.

It would be interesting to know how this is taxed, or whether in future government could chip in to such schemes by making them at least partially tax free benefits.

Use magic tools Report

Rank: 8Rank: 8

Post time 2017-4-16 15:24:02 |Display all floors
seneca Post time: 2017-4-13 15:27
It will have a direct and very negative influence on Starbucks coffee taste and quality. The price ...

Please do not impress upon others your IGNORANCE!
You know nothing about GROUP INSURANCE!
Please keep quite and learn something!
EMPTY VESSEL MAKES THE MOST NOISE!
SHAME!

Use magic tools Report

Rank: 8Rank: 8

Post time 2017-4-16 15:24:39 |Display all floors
dusty1 Post time: 2017-4-13 15:06
We shall see

There is GROUP INSURANCE!

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.