Alibaba’s explanation regarding meal allowances for overtime is absolutely great! --All sea lovers are welcome to participate in the sharing session for [Spring Has Arrived in Haichuan]
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The last edit to this post was made by Desert Fish on 2018-3-22 at 11:44. Alibaba has always provided the benefit that employees who work overtime on a given day can eat meals provided by the company. The cost for meals for overtime work is 15 yuan per person, and since Alibaba is a company where overtime is common, the annual expense related to this amounts to around 20 million yuan. With such high costs involved, it’s necessary to set certain thresholds. The previous rule was that employees who needed to work overtime had to submit an overtime request to their department manager ； After the department head’s approval is completed ； Give the employee another dinner voucher. If about 40 to 50 people in a department work overtime each day, then the department manager has to spend dozens of minutes every day approving these documents and issuing dinner vouchers. Upon careful calculation, this represents a huge waste of human resources. Although Ali wanted to simplify the process as much as possible, it ultimately became a burden for the employees. Later, Ali improved the process: he abolished the dinner vouchers and informed all employees that the company-provided meals were intended for those who worked overtime. If you don’t have to work overtime, but you don’t want to go home to cook, you can eat at the office; if we run out of food there, then we can just part ways. After making this decision, the cost of meals for overtime work increased by 1 million ； But managers no longer need to spend time on approvals, and employees no longer need to spend time filling out overtime forms or providing reasons for overtime. Overall, it’s worth it. With an increasing number of new employees born in the 1990s and 1995s, the old-style restrictive management and motivation methods are no longer suitable. Management through wage cuts, performance evaluations, and various rules and regulations is not as effective as motivating people through benefits and care that take into account human nature. ---------------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------- A little ad for the leisure area while we’re at it! ----------------------------------------------------------------------------------- 【Spring Has Arrived in Haichuan】 is a seasonal event held in the leisure area, as well as on the forum. It has the following features: -- The event is organized by the leisure area as a whole, with participants sharing the beautiful spring scenery from various places -- Many forum users take part; last year, over 100 users shared more than 300 posts -- The event runs from late March to mid-May, spanning two months, which allows companies to be properly showcased and attract attention. Here, we welcome enterprises that are interested in sponsoring this event; such sponsorship can help increase the visibility of those companies and also serve as support for the Haichuan sharing platform. ------------------------------------------------------------------------------------------------------ We also invite all users of Haichuan to actively participate in these sharing activities – let’s share happily and enjoy the beauty of spring together. --------------------------------------------------------------------- [Spring has arrived in Haichuan] – A post titled “Searching for spring all day long, yet still no sign of it” ； Spring is already in sight, to some extent! https://bbs.hcbbs.com/forum.php?mod=viewthread&tid=1941700 (Source: Haichuan Chemical Industry Forum) 【Spring has arrived in Haichuan】 Micro azalea bonsai still under development https://bbs.hcbbs.com/forum.php?mod=viewthread&tid=1945263 (Source: Haichuan Chemical Industry Forum)
The cost of meals for overtime work increased by 1 million, which shows that there are still people who aren’t mindful of this, but the significant savings in labor costs resulting from reduced approvals make it worthwhile
This is the principle that for every loss, there is a gain: although there’s an additional 1 million in support, employees’ happiness levels may increase, and the value created goes beyond that amount.
In fact, most of those who eat the extra meals are the employees who work overtime; the proportion of those who just want to take advantage of these meals is very low. Even if they do so, it’s likely because their income is low. The savings in labor costs and the benefits resulting from a relaxed atmosphere are even more significant.
This is the efficiency brought about by trust. The development of a company is directly correlated with the vision of its leaders.
For Alibaba’s Lakeside campus, since people can go home on time, who would have the urge to stay and eat overtime meals?
Companies that know how to calculate it will do so; the richer the company, the more resources it has
Yes, what companies need to consider is this aspect, as well as the skill level of their employees
If necessary, we can just break up after running out of money! ! ! ! ! ! !