Two features of corporate Japan lifetime employment and a strict seniority system have made this much harder.
LDP's own seniority system, which regulates the struggle for power between the party's competing factions, is particularly rigid.
By next year, Kim will have put every employee on a pay-and-promotion system that is performance-based, trashing the traditional seniority-based system that Korea inherited from the colonizing Japanese.
Perhaps the traditional system of seniority should ration all wages and salaries?
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This will make it even more necessary to scrap the seniority-based pay system, because keeping older workers on will be prohibitively expensive.
Because of a seniority-based pay system, this puts a huge strain on business costs, leaving less money to provide young people with training and good jobs.
Seniority promotion, the lifetime employment system and the dead hand of Japanese corporate bureaucracy are all anathema to the free-wheeling stock-option culture that attracts Chinese businessmen these days.
That is hard to do under the old system, with its emphasis on seniority and promotion as the main routes to higher pay.
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In an interview with Stateline, a news service that looks at trends in state policy, a vice-president of Remy, Jay Pittas, argued that RTW legislation makes it easier to negotiate flexible work rules, and means that unions are more likely to agree to a merit-based system of employment rather than a one based on seniority.
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