Employee housing perk of Rs 1.5 crore flats shocks the internet.
Instead of cash bonuses or ESOPs, a Chinese automotive tech company is doing something very different. Zhejiang Guosheng Automobile Co. Ltd. is rewarding loyal employees with homes. The idea is simple: reduce housing stress, keep skilled workers, and offer long-term stability. This rare move has caught attention worldwide.
- 🏠 Employee housing instead of bonuses: Staff with five years or more at the company are rewarded with flats, not cash incentives.
- 📅 18 flats given over three years: The employee housing plan covers 18 apartments distributed gradually.
- 📍 Homes near the workplace: All employee housing units are located close to the office to make daily life easier.
- 🔑 Ownership after five more years: Employees get full ownership if they continue working for another five years.
- 💸 Minimal cost for employees: Workers only pay for renovation expenses, not the home itself.
👉 Why this matters: This motive shows how companies are using long-term benefits to improve loyalty and reduce staff turnover. Also this shows how loyalty paysoff.
Note: 
Written and summarized by our editorial team using human review & little AI assistance. Edited & Approved by Debraj Paul, Founder of ArticoliNews Media-Tech