Thursday, July 22, 2010

Q QQ coins to pay part of wages law, experts say



April 28, Sohu IT in Tencent Tencent QQ Members Area to see two recruitment notices, the notice said, QQ members of the press corps will recruit a total of 15 journalists and artists, and to pay wages is a Q coins.

According to the statement Tencent, QQ member press corps member attached Tencent QQ products, the responsible member of the core product Tencent QQ for the latest developments in a timely, fair, comprehensive reporting and communication to promote objective and active users, more Users press corps through a better understanding of the products Tencent culture. Meanwhile, Tencent announcement also raised the recruitment of staff made more stringent application requirements and job requirements. The legal profession is that the recruitment seriously violated state labor laws.

Chang law firm, said Zhang Ying, Tencent occur if the employment relationship with employees, must pay its legal tender, but Q is not a legal tender currency, so that serious acts of illegal recruitment.

"Labor Law" Article 50 stipulates that wages should be paid in money on a monthly basis to the workers themselves. No deductions or unjustified delay in the wages of laborers. Meanwhile, the "Provisional Regulations on Payment of Wages," Labour Ministry [1998] No. 489, that wages should be paid in legal tender. Securities may not be replaced in kind and monetary payments.

In addition, Zhang Ying also believe that, even if many of the recruits part-time part-time employees, according to the "Labor Law" stipulates that both sides should enter into an oral agreement, workers at the same employer generally does not exceed the average daily working hours four hours total working hours per week, not more than 24 hours of employment forms; no probation period; payment system in the seat of government shall not be less than the employer the minimum hourly wage. The recruitment of the revelation that Tencent, almost do not meet the above principles.

Meeting in Shanghai Law Firm Yunting that if part-time staff Tencent not pay personal income tax revenue will also result in loss of state tax. He believes that, Q is not legal tender coins, but can buy Tencent value-added services, has some value, payment of Q coins can be viewed as a special form of payment in kind. Tencent use a special kind - Q coins to buy a part-time staff of service, then part-time workers to pay income tax there is a problem, as in-kind payment Tencent people in the law who are withholding obligation, shall declare the relevant tax authorities for these part-time staff in accordance with the actual value of Q coins to pay tax.

Meanwhile, Tencent Q coins to replace the behavior of wages once again rise on the "virtual currencies impact the country's financial system" argument.

Some Internet users believe that, Tencent Q coins issued to part-time employees as a reward, is a disguised form Q coins are legal tender recognized; Tencent own construct a virtual kingdom, but in the virtual realm of the virtual currency has real life can be an equivalent returns, which will state the monetary and financial shocks.

In 2006, a scholar named Yang Tao 7, 2006 issue of "Law and News" published an article called, "Q coins and other virtual currencies can be exchanged once with the RMB, the consequences would be disastrous. Because if Q coins and other virtual currencies Unlimited distribution business, is bound to impact our financial order. "As a result, lead to" Q coins will impact the country's financial system "argument.

But at the same time, CCW Research Qu Xiaodong, General Manager said that the incident does not require too much present tense. First need to figure out the recruitment behavior of Tencent Holdings planned level of behavior, or just a small-scale sector, common sense behavior. These phenomena also need to continue to wait and see.

As of press time, Sohu, Tencent aspects of IT has not yet been description of the incident and response.







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