Young Chinese are hoping to be fired so they can enjoy paid time off and contractual compensation.
Many young Chinese people choose to be fired due to heavy work pressure. (Source: Getty Images) |
Under the country's Labor Law, the term "N+1" refers to severance pay plus one month's salary that Chinese companies must pay to workers whose contracts are terminated early.
Many young people expressed their desire to be fired to free themselves from work pressure and "lie flat" - a term describing young people working just to make ends meet.
The trend has become so widespread that the topic "young people waiting for N+1" has become a search keyword on the social network Xiaohongshu. On the Douban platform, a discussion group called "Today is another day I want to quit my job" has attracted many participants.
Most of them expressed dissatisfaction with their leaders, team leaders and colleagues but did not want to submit a resignation letter, but waited for the company to fire them to receive compensation.
After being fired, many people are happy to receive "N+1" compensation from the company. One girl said she was "lucky" to receive an "N+1 dismissal gift" from the company right when she was granted a tourist visa. "I originally only planned to take annual leave, but now I can take the whole summer off," she said.
Another said she was unhappy with her job, so the money she received was “moral damages – the perfect reward.”
Youth unemployment in China is a major problem. According to the National Bureau of Statistics, unemployment among 16-24 year olds exceeded 20% in April-June, and dropped to 19.9% in July.
China’s tech sector, which once attracted many young and highly skilled workers, has seen a wave of layoffs in recent times. Tencent Holdings, a major conglomerate in the messaging and gaming industry, has cut nearly 10,000 jobs between March 2022 and early 2023.
In 2022, Alibaba - a giant in the Chinese e-commerce industry, cut nearly 20,000 people, accounting for 7% of the company's workforce.
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