A Chinese company has generated widespread envy among netizens after its boss unveiled a plan to distribute 18 flats as an incentive for employee retention, allowing staff to obtain property after just five years with the company.
Recently, a job posting shared by a company executive revealed that employees who remain with the firm for five years would qualify for a complimentary flat, igniting fervent discussions across social media platforms.
The company, Zhejiang Guosheng Automotive Technology Co. Ltd., located in Wenzhou, Zhejiang province in southeastern China, specialises in automotive fastener products.
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With a workforce of over 450 employees, the company reported a total output value of 490 million yuan (US$70 million) in 2024.
Wang Jiayuan, the General Manager of the company, explained that given Wenzhou’s significant migrant worker population, the firm aims to reward skilled technical and managerial personnel.
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