According to news on June 26, Kuaishou recently announced that it will cancel the big and small week system from July 1, and employees will work overtime as needed.As soon as the news came out, “Kaishou will cancel big and small weeks in July” soon rushed to the hot search. Big and small weeks refer to a single rest for one week, and double rests the next week, and so on. Overtime work on weekends Kuaishou pays employees twice the wages, and national statutory holidays overtime pays employees three times the wages.
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Kuaishou internally referred to the big and small weeks as the “focus day” and started trial operation in January this year. At that time, Kuaishou was in the critical stage of listing in Hong Kong. Regarding the cancellation of large and small weeks, some Kuaishou employees said: Without double the salary, there is a significant reduction in income, but the total workload has not changed.
Since its listing, Kuaishou’s stock price has quickly exceeded 400 Hong Kong dollars, but the stock price has continued to fall in the past three months. As of the closing price on the 25th, the stock price was 206.8 Hong Kong dollars per share, a drop of 50% from the highest point. According to this, some netizens said: Will the cancellation of large and small weeks be a way to cut labor expenses quickly?
It is worth noting that some Bytedance employees posted an internal questionnaire about the cancellation of the week on social media. But then there were reports that one-third of Bytedance’s employees opposed the cancellation of large and small weeks.
Regarding the issues of large and small weeks and double wages of various companies, after asking some employees, the summary is as follows:
Although big and small weeks have been criticized, some employees are willing to accept this way of working. After all, if the total amount of work does not decrease, the size of a double salary is not unacceptable. Another netizen believes that the key to reducing the burden on employees is to reduce the workload. Otherwise, the only change is to change from working overtime at the unit to working overtime at home, which does not solve the fundamental problem, and this is not what the workers want.
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