13.
41
Findings:
(3) It should be low interest.
(4) It should charge no interest.
(5) The loan need not be used for buying a flat.
It can be used for other purposes.
(6) Others
51.6% considered that modifications for the housing loan
scheme would be necessary while 48.4% thought that no modification would
(Table 10092)
be necessary.
Of the 232 companies who felt that there was a need to modify
the housing loan, 28.9% suggested the first modification, 5.2% the second,
26.7% the third, 11.6% the fourth, 17.7% the fifth and 49.1% others.
(Table 10093 - 10098)
Possible extent of participation indicated
Question 41. The Green Paper suggested that companies can contract-out
as long as the following conditions are satisfied.
(1)
The company has an equivalent or better welfare scheme.
(2)
The company keeps a reserve fund for such purposes.
(3) If the employees leave the company, they would not lose
the right to the benefits accumulated during his period
of service.
(Explain once more if necessary).
Does your company have an equivalent or better welfare
scheme?
(1) Have - (Continue) (2) Not have (Jump to Q.43)
Findings:
87.6% of the companies (N
=
450) did not have an equivalent
welfare scheme as proposed, 12.4% had an equivalent scheme. (Table 10099)