Insta360, a camera manufacturer based in southern Guangdong province, has launched a "Lose Weight and Earn Money" campaign for its employees. This was reported by "City News Service Shanghai."
According to the announcement, the management pays 500 yuan ($70) for every 500 grams of weight lost. However, in the opposite case, the employee must pay a fine of 800 yuan ($112) for every 500 grams gained.
The report states that so far, no one has been fined. Ninety-nine employees have benefited from the campaign, collectively losing 950 kilograms and earning $139,389.
This idea has sparked great interest among internet users, who have expressed a desire for their companies to adopt similar initiatives.
For reference, WonderLab, a dietary supplement manufacturer, also held a one-month weight loss competition. In it, 224 employees lost 750 kilograms and shared a reward of 171,000 yuan ($23,834).