Recently, an announcement by Jerry, a listed A-share company, triggered a heated discussion among
Recently, an announcement by Jerry, a listed A-share company, triggered a heated discussion among netizens. The company said it would provide interest-free loans for new graduates to buy houses. It is nothing new for companies to provide employees with some benefits in housing, but it is rare to restrict interest-free loans for fresh graduates. Therefore, many netizens said that the welfare is enviable and can be called "someone else's company".
However, after carefully studying the relevant cases, the author found that the company actually has the consideration of providing convenience or welfare to employees in purchasing houses. Not only do employees need to meet certain conditions before they can apply, but after enjoying the benefits, employees are also bound by relevant provisions. Therefore, netizens can't just look at "welfare" and not "obligation". If the situation changes in the future, "welfare housing" may also become a "worry" for employees.
Solve the worries of employee housing
Many companies "zoom in"
According to the announcement of Jerry Co., Ltd. on February 3, in order to support the long-term development of fresh graduates in the company and ease the pressure of buying houses, the company uses its own funds of no more than 8 million yuan to provide housing loans for qualified fresh graduates, which can be recycled within this quota. The borrower does not include company executives, controlling shareholders and actual controllers. The maximum loan amount is 200,000 yuan/person, and the longest loan period is 5 years, which can be used to repay the bank's house purchase loan and pay the down payment for the house purchase where the permanent residence is located or the seventh district of Yantai.
After combing, the author found that Jerry's shares are not the only listed company that recently bought houses for employees to "seek benefits". A number of companies, including China Haida, Yingjixin, Quanfeng Automobile, McGomet and xing sen technology, have announced interest-free loan plans to help employees buy houses.
For example, in August last year, Nanjing Quanfeng Automobile announced that it planned to provide employees with interest-free housing loans with its own funds not exceeding 7.5 million yuan, and planned to provide financial assistance to employees with outstanding performance or outstanding contributions to the company to help them buy private housing, so as to encourage employees to develop long-term services for the company.
In June last year, the listed company 1 1, which specializes in high-precision satellite navigation and positioning system software and hardware products, also announced that in order to better retain core talents, it is planned to provide qualified first-time buyers with interest-free loans with a cumulative total of no more than 20 million yuan within five years. The repayment method of the loan is equal annual repayment, and the repayment period shall not exceed 5 years.
Of course, there is no threshold to "unlock" these benefits. For example, the requirements of Quanfeng Automobile for the borrower's qualification mentioned above are as follows: First, it needs to be a formal employee of the company group, and the personal performance appraisal results reach the prescribed level and meet certain service years. However, China Haida's regulations on the qualifications of borrowers are more detailed. It is not only required to have worked in the company for more than 2 years in a row, but also required that the applicant must be from the core level 1 to the core level 4 among the domestic professional and technical talents recognized by China Haida, and the annual performance appraisal level in the recent year is at least "qualified". There are also detailed provisions on the loan amount: the loan amount shall not exceed 1.5 times of the applicant's annual after-tax total income, and shall not exceed the upper limit of the loan amount corresponding to the professional grade (the upper limit of different grades is between 300,000 yuan and 600,000 yuan).
Obviously, although the interest-free loan plan provided by the company looks "attractive", a closer look at the terms is not a "sunshine award" that most employees can enjoy, but more like an income incentive for outstanding talents and key positions in the company. In addition, most of these interest-free plans limit the location of buying real estate to the location of work or company, so it is unrealistic to invest in buying a house with these interest-free loans.
interest-free loan
It's not "pie falling from the sky"
However, interest-free loans are not a good thing for employees. Although the loan has no interest, it must be returned to the company within the prescribed time limit. Zhonghaida made it clear in the announcement that employees who successfully applied for loans should set the same amount of mortgage for the company on the house according to the loan amount after signing the house sales contract. If the employee fails to repay the loan within the time limit, the company can dispose of the mortgage and give priority to compensation.
Of course, in addition to the normal repayment obligation, if the loan has not been paid off, employees who apply for resignation will not only be unable to continue to enjoy the benefits of interest-free loans, but also probably need to pay corresponding economic compensation to the company. According to legal professionals, when an enterprise issues a loan to a specific employee, it will generally clearly stipulate the rights and obligations such as the purpose of the loan, the conditions of loan issuance, and the corresponding liability for breach of contract in the loan contract, especially the repayment method after the termination of labor relations. If the loan has not been paid off, and the employee no longer meets the requirements of the interest-free loan borrower due to voluntary resignation, unqualified assessment and other factors, the enterprise may require the employee to repay in advance, or compensate part or even all of the interest. Therefore, it is not so easy for employees to want the company's wool!
Of course, compared with the voluntary resignation of employees, if employees are dismissed or laid off by the company, it will be even more "unprepared" for borrowing employees to suddenly withdraw these "benefits". Although the company generally does not specify in the announcement, what will happen if the company voluntarily asks the loan applicant to leave? But obviously, for an employee who is about to leave, most companies have a high probability that they will not continue this kind of welfare.
For example, at the end of June 5438+ 10 this year, it was reported that some employees of Changjiang Storage, a well-known semiconductor company in China, were required to compensate for the difference in welfare housing when they laid off employees. According to the staff who broke the news on the online forum, Changjiang Storage provided welfare houses to employees, but employees signed relevant agreements when purchasing welfare houses, requiring the company to work for five years or compensate the difference between the original market price of the company and the preferential price given to employees. After the conversion, the company will receive compensation of about 5,500 yuan per square meter, with the total compensation ranging from hundreds of thousands to millions. For laid-off employees, layoffs themselves are a big blow. If you want to pay a large amount of compensation immediately, it is undoubtedly "worse."
label
Therefore, although the interest-free housing loan looks "fragrant", it actually has many restrictions on the qualifications and housing address of the borrower, and it is by no means a welfare that comes out of thin air. The ultimate goal is to bind outstanding talents and enterprises together for long-term development. Moreover, considering the uncertainty of employees' personal development and business operation, it does not mean that employees can "sit back and relax" after getting interest-free loans. Therefore, netizens don't have to be jealous of the welfare of "other people's companies". Trying to create value for your company is the right way.
The content of the risk warning article is only for research and study, and does not constitute any investment advice. Investment is risky, and past performance cannot predict future performance.