Japan focuses on accelerating wage growth in fiscal 2023
Investment in human resources development and the reskilling of employees will also be priorities as the government looks to achieve economic growth.
Japan targets more female board members for large organisations
The government is pushing economic policies that require more female board members to be nominated to achieve gender equality.
Japan’s real wages see steepest drop in eight years
Driven by inflation, the gap between nominal and real wages is widening, prompting the government to push for wage growth across organisations.
More organisations in Japan plan to raise wages in 2023
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.
Japan moves to bridge workplace gender gap
To promote workplace diversity and strengthen the economy, Japan aims to increase the number of female executives in major organisations.
Is Japan shifting away from lifetime employment?
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.
Data overload: The rise of decision distress
Business leaders in Asia-Pacific and Japan are experiencing high levels of decision distress, with many lacking the tools to make successful decisions.
Japan’s public sector joins four-day workweek drive
Driven by the need to attract talent, Japan is proposing new laws that will offer more public sector employees a four-day workweek.
Japan’s largest trade union calls for sustained wage growth
Although many organisations have recently introduced a wage hike, Rengo is calling for further wage rises beyond 2023.
Organisations in Japan prioritise reskilling
Shifting to job-based employment helps firms identify desired skills and provides employees with opportunities for career advancements.
Japan faces shortfall of employees to meet labour demand by 2040
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.
Male employees in Japan encouraged to prioritise family over work
Prime Minister Fumio Kishida has outlined potential measures to push for higher take-up of paternity leave among male employees in the country.
Employees in Japan in line for largest pay raise in three decades
Organisations in Japan have heeded calls from the government to raise wages to help employees manage rising living costs.
Japan’s real wages experiences biggest drop in almost a decade
Despite the government’s efforts to push for higher pay, real wages for employees has continued to fall because of inflation.
Workday promotes Paul Henaghan to drive regional growth
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.
Employees in Japan opt for work-life balance over promotions
Rising responsibilities and worries about increased workloads are deterring employees in Japan, particularly women, from seeking management roles.
Hay fever benefits improve employee wellbeing in Japan
Encouraging employees to tackle allergies and hay fever leads to increased workplace satisfaction and efficiency, more companies are finding out.
Return to office work gains momentum in Japan
More organisations operating in Tokyo are planning to rent more office space to allow employees to return to the office.
Employees in Japan saw earnings soar in December 2022
Boosted by winter bonuses, wages in Japan rose to their highest level in nearly 26 years, Japan’s Labour Ministry has reported.
Sony promotes Hiroki Totoki to President
Totoki’s appointment as President highlights his expertise in driving growth through business diversification and strategy planning.
Employees in Japan allowed to pursue side careers
More firms in Japan are allowing their employees to take on second jobs to foster skills development and gain opportunities for career advancement.
Remote work leads to increased productivity
Employees working from home are using the time saved from not having to commute on increasing their productivity, says a new report.
Microsoft Japan makes key leadership appointment
Miki Tsusaka has been named as the new President of Microsoft Japan and will lead key initiatives for Microsoft in Japan.
SMEs in Japan plan to offer higher wages
More organisations in Japan intend to raise wages to keep pace with inflation, including those that had previously done so.
Firms in Japan expected to offer largest wage increment in 26 years
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.
Japan plans new family initiatives to support non-regular workers
Non-regular workers, self-employed individuals, and freelancers with children may soon be eligible for a child-rearing allowance.
Employees in Japan can choose to stay longer in the workforce
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.
Japan commits to raising wages to achieve inflation target
Japanese Prime Minister Fumio Kishida aims to create an economic structure where wages are raised yearly to transfer wealth from firms to households.
Japanese government committed to raising wages
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.
Japan’s unemployment rate fell in November
The economy and pandemic resurgence, however, have reportedly led organisations in Japan to be more cautious about hiring.