Fujitsu's CEO has sparked a discussion about the comparative pay rates of Japanese companies, suggesting that the rewards in Japanese corporates aren't keeping pace with their international counterparts. This statement opens a dialogue on employee compensation, work-life balance, and Japan's long-standing business culture that has, in the past, preferred loyalty and longevity at a single company over high pay. The CEO's viewpoint questions the sustainability of this approach in a global and competitive job market.
The topic of salary and reward in Japanese companies is a sensitive issue. Locally, corporations are often known for their job security and employee benefits rather than high wages. The statement from Fujitsu's CEO actively challenges this traditional model, suggesting a need for change to preserve competitiveness.
In the US/eu, employee compensation, including salary, is often a determining factor in job satisfaction and can influence job mobility. Companies compete aggressively in compensation packages to attract the best talents. The remarks from the Fujitsu CEO suggest that Japan may need to shift towards this model to remain globally competitive.