ByteDance staff to lose ‘lucky money’ perk from 2026, but gain improved medical benefits
Deflecting, the Military and Dougin’s Mother Company will end the lunar athuration of red packages to employees from 2026, but they will be able to expand their medical insurance for the internal letter sent to workers on Friday.
According to the letter, the change is designed to lay difference between “incentives” and “well-being”.
The red package or “successful money”, tradition began in 2017 and became a general set for employees of all deputies. Beijing-based company will still release them this year, hundreds of Yuan, hundreds of Yuan for each employee.
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At the same time, the company has introduced the imports of high-quality employees to the incentives of the year, which may include both cash and photo series as indicated separately. Stimulus Released on January 4 2024.
Douyin logo, a Chinese partner of Tiktok, who saw in Beijing on the grounds in the office building, 2025. January 18th. January 18, 2025 Photo: EPA-EFE>
The new benefit package includes improved medical insurance, gaining premium medical care in regular public hospitals, as well as higher compensation prices ($ 40) for cleaning teeth. The staff can also receive free flu vaccinations for their children.
It increases the benefits of the previous package, which is covered for the main insurance of dental insurance and children’s medical insurance.
New Pink Benefits include partial coverage for the membership of the external gym and offer health care such as nuts, fruits and yogurt depending on the location of the office.
As for the festive gifts, the company will continue its tradition for offering gifts for the anniversaries of employees and a lunar new year, but it will stop giving gifts on dragon ship and middle autumn festivals. The 2025 Lunar New Year Gift box sent in December included items like a calendar and stabilizer in Insta360 stabilization.
China’s technological industry, which is once due to high salaries, regulates compensation strategies in slow growth. Human resource experts and several points staff said that the strengthened medical insurance benefits are much more practical and valuable than gift boxes.
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