In sharp contrast to employers in other Asian economies. Japanese companies are stuck in an outdated seniority-based evaluation system, reluctant to identify key performers and financially reward them.
According to a survey carried out in Japan by the UK professional recruitment firm Hays, manager-level salaries are sometimes only half of what is being paid in China, Hong Kong, or Singapore. The 2017 Hays Asia Salary Guide shows that 53% of employees in Japan are dissatisfied with their salary. For Marc Burrage, managing director for Hays Japan, in an interview with the Nikkei publication “It is important for companies to view salaries of highly skilled employees as an investment and not...
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