A coconut drink company has apologized for a recruitment advertisement that asked candidates to pledge their houses as security for lifelong employment and to sacrifice family time for work.
The company, which has been operating for more than 30 years, offered the prospective employees generous annual salary packages of up to 1 million yuan that included stock options and sea-view apartments.
The advertisement triggered public criticism, and was satirized online as a type of indentured labor under which a worker is sold to do the bidding of an owner.
A lawyer from Beijing said requiring employees to commit to a lifetime of employment with one company was a breach of the Chinese Labor Law. According to the law, an employee can dissolve their work contract if they notify the employer in writing 30 days in advance." Any labor contract signed based on this recruitment condition would be considered invalid."