Investment in human resources development and the reskilling of employees will also be priorities as the government looks to achieve economic growth.
The government is pushing economic policies that require more female board members to be nominated to achieve gender equality.
Driven by inflation, the gap between nominal and real wages is widening, prompting the government to push for wage growth across organisations.
Over 60% of employers plan to raise wages in response to cost of living and talent retention needs, with many committing to at least a 3% increase.
To promote workplace diversity and strengthen the economy, Japan aims to increase the number of female executives in major organisations.
A new report shows that creativity can be inculcated in employees lower in power when they are given time to engage in it more than once.
Business leaders in Asia-Pacific and Japan are experiencing high levels of decision distress, with many lacking the tools to make successful decisions.
Driven by the need to attract talent, Japan is proposing new laws that will offer more public sector employees a four-day workweek.
Although many organisations have recently introduced a wage hike, Rengo is calling for further wage rises beyond 2023.
Shifting to job-based employment helps firms identify desired skills and provides employees with opportunities for career advancements.
In the face of labour shortages, Japan wants to reverse the decline in the birth rate while remaining cautious about long-term reliance on immigration.
Prime Minister Fumio Kishida has outlined potential measures to push for higher take-up of paternity leave among male employees in the country.
Organisations in Japan have heeded calls from the government to raise wages to help employees manage rising living costs.
Despite the government’s efforts to push for higher pay, real wages for employees has continued to fall because of inflation.
He brings over 20 years of enterprise tech experience to his new role as President of Asia-Pacific and Japan, leading Workday’s regional sales efforts.
Rising responsibilities and worries about increased workloads are deterring employees in Japan, particularly women, from seeking management roles.
Encouraging employees to tackle allergies and hay fever leads to increased workplace satisfaction and efficiency, more companies are finding out.
More organisations operating in Tokyo are planning to rent more office space to allow employees to return to the office.
Boosted by winter bonuses, wages in Japan rose to their highest level in nearly 26 years, Japan’s Labour Ministry has reported.
Totoki’s appointment as President highlights his expertise in driving growth through business diversification and strategy planning.
More firms in Japan are allowing their employees to take on second jobs to foster skills development and gain opportunities for career advancement.
Employees working from home are using the time saved from not having to commute on increasing their productivity, says a new report.
Miki Tsusaka has been named as the new President of Microsoft Japan and will lead key initiatives for Microsoft in Japan.
More organisations in Japan intend to raise wages to keep pace with inflation, including those that had previously done so.
Firms are likely to offer pay hikes of 2.85%, consisting of a 1.08% increase in base salaries and a 1.78% increase in seniority-based pay.
Non-regular workers, self-employed individuals, and freelancers with children may soon be eligible for a child-rearing allowance.
With Japan facing a talent shortage as the population ages, firms are encouraged to do more to support older employees who want to continue working.
Japanese Prime Minister Fumio Kishida aims to create an economic structure where wages are raised yearly to transfer wealth from firms to households.
A lack of wage growth is Japan’s biggest challenge, notes Deputy Chief Cabinet Secretary Seiji Kihara, and the government is committed to addressing it.
The economy and pandemic resurgence, however, have reportedly led organisations in Japan to be more cautious about hiring.
