Japanese firms raising wages to attract workers
Despite increasing wages, digitalisation is seen as the most popular strategy among Japanese firms to address the labour crunch.
Profit growth at Japanese firms unlikely to translate to wage hike
Businesses are hesitant to raise wages amid the global economic outlook and increased risk of a global recession.
Employees in Japan allowed to take on secondary employment
A survey among 100 leading corporations found that 81 of them have no issue with staff taking up a second job to boost income.
Asia Pacific predicted to lose 63 million jobs to automation by 2040
Despite the loss, Forrester expects the green economy to help make up for some losses as more countries commit to carbon neutrality.
Japan pushes for higher take-up of paternity leave
While a record number of men took paternity leave in Japan last year, the figure still falls short of the government’s goal of reaching 30% by 2025.
Japan pushes firms to promote human rights
The government wants firms to extend the practice of conducting human rights to their suppliers, clients, joint ventures and investment portfolios.
Employment for non-regular workers in Japan rises
Japan’s unemployment rate June remained unchanged at 2.6%, down 0.3% year-on-year, with employment for non-regular workers rising by 0.9%.
Businesses in Japan urged to pay employees more
The government has urged companies to raise wages on par with price hikes of around 2%, a level the central bank has set as its inflation target.
Japan to launch ministry promoting startups
It aims to increase the number of startups in the country by 10 times over five years, further driving the nation’s economic growth.
Companies in Japan allow employees to postpone retirement
About 25.6% of companies are heeding a government directive to allow employees to voluntarily work until they are 70 years old.
Employees of SMEs in Japan to be paid more
To retain and attract talent, 50.9% of SMEs have either implemented or plan to implement a raise in wages in fiscal year 2022.
Majority of university seniors in Japan secure job offers
83.3% of university seniors, scheduled to graduate next March, have secured job offers as of July 1, including some who have received multiple offers.
Japan looks to close gender gap in society and workplace
According to a World Economic Forum report, Japan has the largest gender gap in East Asia and Pacific, with women unrepresented in the workforce.
More employees in Japan returning to the office
A recent survey has shown that more than 70% of Japanese companies are currently not implementing working from home for their employees.
Japan encourages firms to let workers take up side gigs
The government hopes that the move will help foster greater diversity in the country’s work practices and encourage talent to move into growth areas.
Firms in Japan can use internship evaluations in recruiting
The move, expected to speed up the recruitment process, comes as the government has designated June 1 as the start of the job hunting season.
Companies in Japan reluctant to provide lengthy parental leave
There is a large gap between the length of paternal leave employers think is appropriate and that which male employees want to take.
Japan to increase investment in human resources
The Cabinet has approved the first annual fiscal and economic policy blueprint that pledges aggressive investment in human resources.
Japan to offer more growth opportunities for startups
The government will draw up a five-year plan by the end of this year to support startups and increase investments for their promotion by 10 times.
Japan to mandate firms with over 300 workers to disclose gender pay gap
Companies will not have to publish how much their workers earn, only the difference in wages between male and female workers.
Japan to support upskilling of one million workers
The government plans to offer workers relearning opportunities and new jobs, based on measures worth ¥400 billion over three years.
Central body tasked with narrowing gender inequality in Japan
The government has initiated a plan to establish an organisation to serve as the national central body for regional gender equality centres.
Japan to double budget for childcare support
Measures being considered to support the budget include companies and workers paying premiums to a child insurance system.
Some graduates in Japan struggle to find right job fit
The most common reason new graduates gave for leaving a job within three years was that the “job was not a good match” (40.1%), according to a survey.
Major Japanese businesses offer wage hike of over 2%
A survey, which covered 81 firms with 500 or more workers, found that 26 of the firms had their earnings returned to pre-pandemic levels.
Financial firms in Japan mandated to publish ratio of women in senior roles
The new regulation, expected to be mandatory from April next year, will affect some 4,000 listed businesses in the country.
More Japan employers open to minimum wage hike
SMEs have now indicated a willingness to accept the government’s decision on minimum wage increases due to a serious labour shortage and rising prices.
Firms in Japan adopt flexible working arrangements
A number of Japanese companies are granting its workers flexible work options in a bid to attract and retain talent.
More companies adopt four-day workweek in Japan
More Japanese companies are offering a four-day workweek so that their employees can have a better work-life balance.
Japan’s unemployment rate falls to lowest level in almost two years
Compared to a month earlier, the number of workers rose by 180,000 in March, while workers who were unemployed fell by 90,000 over the same month.