“Nikkei News” reported that Fast Retailing, the parent company of Japanese clothing chain UNIQLO, announced on Wednesday (11) that starting from March this year, the annual salary of full-time employees in Japan will increase to 40 % to keep pace with the European and American markets. artificial level. Fast Retailing (06288) closed at 48.15 yuan, up 2.34%.
According to Fast Retailing, the company will define the skills and requirements required according to each category and occupational level and will increase the salary level of each employee up to 40%. For example, the monthly salary of recent college graduates went from 255,000 yen (about HK$15,000) to 300,000 yen (about HK$18,000), an increase of about 18%. For shop supervisors, the salary was increased from 290,000 yen (about HK$17,000) to 390,000 yen (about HK$23,000), an increase of about 36%.
The salary adjustment is expected to benefit approximately 8,400 employees, including Fast Retailing’s headquarters and store staff. Fast Retailing emphasized in the statement that each employee should be paid adequate compensation in response to his aspirations and talents, so as to enhance the company’s growth potential and global competitiveness.
According to the data, the average annual income of Japanese Fast Retailing employees reached 9.59 million yen (about HK$566,000), which is the highest level in the local retail industry, but still lower than the salary level. of employees of foreign companies.
Source: Full Report
FORTUNE INSIGHT text
Fortune Insight and the “Wall Street Journal” jointly launched a new “FI Prime Plus” subscription plan, which costs only one-third of the original price on the WSJ official website, and can read the entire network content of the “Wall Street Journal” and most of Fortune Insight’s paid content at the same time
Sign up here:https://prime.fortuneinsight.com/web/wsj
Subscribe to FORTUNE INSIGHT Telegram:
http://bit.ly/2M63TRO
Subscribe to the FORTUNE INSIGHT YouTube channel:
http://bit.ly/2FgJTen