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Very compliant with the Labor Standards Act, and highly suitable for people without work experience to give it a try. You may be able to learn some valuable things.
Upper management's thinking is too naive. Every year follows the same cycle: there is more time spent in meetings than doing actual work, and they even forget what was discussed in the previous meeting.... In short, if you just want a paycheck, you can go for it; if you want to make use of your strengths, then.....think again.