Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
China Life's unpaid-leave entrepreneurship policy draws criticism
Public backlash
China Life circulated a notice encouraging approved B-class and higher cadres to take unpaid leave to start businesses, with salary support for three to six months. The policy drew criticism, including an insurance broker's allegation that it was disguised layoffs; China Life said it provided a policy channel and financial support to employees who wanted to start businesses.
Stated objective. 优化干部队伍结构，提升资源利用效率
Company response
Clarification — 华夏人寿
经研究，公司给予政策通道，并给予一定经济支持。
Source excerpt
4月20日，华夏人寿保险股份有限公司（下称“华夏人寿”）的一纸通知在保险圈传开，引发轩然大波。这则通知中“鼓励B类及以上干部（尤其是年满45周岁以上的），经批准可选择停薪留职自行创业，期限不超过三年。”
一位保险经纪人认为，上述通知是变相裁员，裁掉中层管理人员，华夏人寿是在缩减管理费用，降低成本。
经研究，公司给予政策通道，并给予一定经济支持。