China techByteDance offers bonuses to boost morale amid TikTok uncertainty
Cash rewards aim to prevent possible departures during China-US tussle
ByteDance's Beijing headquarters. Full-time employees with a minimum of 26 working days from July 1 to Aug. 31 are eligible for bonuses equal to half of their pre-tax monthly salary. © Getty Images
COCO LIU, Nikkei staff writer
September 8, 2020 19:39 JST
HONG KONG -- Chinese entertainment upstart ByteDance is offering cash bonuses to its employees, a move that aims to prevent potential talent outflow at a time when its flagship streaming app TikTok faces an uncertain future amid persistent regulatory headwinds.