- Over 540 employees worldwide have benefited from the
childcare subsidy since its launch last year.
- Other family-friendly policies include hybrid work options
and assisted reproduction benefits.
SHANGHAI, July 2, 2024 /PRNewswire/ -- Trip.com Group is
pleased to announce the one-year anniversary of its successful
childcare subsidy for its global employees. To support employees in
family planning and promote working families, all employees who
have been with the company for three years or more receive an
annual cash bonus of RMB 10,000 for
each newborn child every year. This applies from the child's first
birthday until the age of five.
Since its launch in July 2023, the
childcare subsidy has benefited 541 employees across Trip.com
Group's offices worldwide till date.
The childcare subsidies come in the form of a cash bonus, and
employees are free to decide on what to spend it on. Some
employees, such as Peter Song, a
market manager in Korea, who expressed his joy at being a
working father, shared that his family will be spending it on daily
necessities such as milk powder and diapers.
Others such as lsla Fang, a senior financial analyst
in China, who found out about
her pregnancy in November 2023,
shared that the funds would support her child's education: "I hope
my children can receive education through collective activity as
soon as possible, so they are in a happier and relaxed learning
environment. The policies allow this and provide my family with two
key things: money and time."
Beyond the financial support, employees also highlighted the
sense of happiness and relief at being emotionally supported by a
company culture that encourages wellness and a work-life
balance.
Selviana Fortunella Santoso, a market executive
in Indonesia, was five months
pregnant when she found out that she would receive the childcare
subsidy, and said it was like receiving a miracle. She was also
particularly happy with the company's other family-friendly
policies, such as insurance coverage and maternity leave.
"This is the first time I have directly experienced such a
supportive policy in the company," said Xinqi Du, a market executive in Japan. "It's a very family-friendly
environment – you can even bring your children to the workplace
after school. I also have supportive supervisors and colleagues,
who fully understand as a working parent, sometimes I may not be
able to reply to messages promptly when working from home."
Promoting employee wellness through a hybrid work
model
As a pro-family company, Trip.com Group continues to support
working parents and care for pregnant employees. In recent years,
the Group has implemented family-friendly policies such as hybrid
work, company insurance that covers spouses and children, and
assisted reproduction benefits such as egg freezing.
This year, Trip.com Group also celebrates its
two-year-anniversary of successfully introducing hybrid working for
employees, a work model which officially launched in March 2022. The global group was the first
internet company in China to
implement such a scheme, offering employees the choice to work
remotely on certain days of the week.
The policy has now been expanded to all of Trip.com Group's
global offices across selected business lines. It aims to improve
employee satisfaction, contribute to family care and the promotion
of work-life balance, and even help to reduce traffic congestion in
cities across the world.
Working from home has become standard for many employees around
the world. Yet, some continue to argue over the effects of hybrid
working on employees and firms, and that it detracts from
productivity, innovation and career development. There is, however,
published research that shows otherwise. In a six-month randomised
control trial investigating the effects of hybrid working from home
on 1,612 Trip.com Group employees in 2021–2022, it found that
hybrid working improved job satisfaction and quality of life.
Hybrid work was especially welcomed by female employees and
those with long commutes. Moreover, there was no evidence to show
that hybrid working affected performance grades over the next two
years of reviews, and no evidence for a difference in promotions
over the next two years overall, or any major employee
subgroup.
Going forward, Trip.com Group will continue to find new ways to
support employee wellness, help employees in family planning, and
promote working families with inclusive initiatives.
About Trip.com Group
Trip.com Group is a leading global travel service provider
comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across
its platforms, Trip.com Group helps travellers around the
world make informed and cost-effective bookings for travel products
and services and enables partners to connect their offerings with
users through the aggregation of comprehensive travel-related
content and resources, and an advanced transaction platform
consisting of apps, websites and 24/7 customer service centres.
Founded in 1999 and listed on NASDAQ in 2003 and HKEX in
2021, Trip.com Group has become one of the best-known
travel groups in the world, with the mission "to pursue the perfect
trip for a better world". Find out more
about Trip.com Group here: group.trip.com.
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