“Nikkei News” reported that Fast Retailing, the parent company of the Japanese clothing chain UNIQLO, announced on Wednesday (11th) that starting from March this year, the annual salary of full-time employees in Japan will increase by up 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 required abilities and requirements according to each occupational category and level, and increase the salary level of each employee by up to 40%. For example, the monthly salary of new college graduates increased from 255,000 yen (regarding 15,000 Hong Kong dollars) to 300,000 yen (regarding 18,000 Hong Kong dollars), an increase of regarding 18%. For store supervisors, the salary was raised from 290,000 yen (regarding 17,000 Hong Kong dollars) to 390,000 yen (regarding 23,000 Hong Kong dollars), an increase of regarding 36%.
The salary adjustment is expected to benefit regarding 8,400 employees, including Fast Retailing headquarters and store staff. Fast Retailing pointed out in the statement that appropriate compensation should be given to each employee in response to their aspirations and talents, so as to enhance the company’s growth potential and global competitiveness.
According to the data, the average annual income of Fast Retailing’s Japanese employees reached 9.59 million yen (approximately HK$566,000), which is at the highest level in the local retail industry, but still lower than the salary level of employees of overseas companies.
Source: comprehensive report
Text by FORTUNE INSIGHT
Fortune Insight and the “Wall Street Journal” jointly launched a new subscription plan “FI Prime Plus”, which only costs 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 the paid content of Fortune Insight at the same time
Subscribe here:https://prime.fortuneinsight.com/web/wsj
Subscribe FORTUNE INSIGHT Telegram:
http://bit.ly/2M63TRO
Subscribe FORTUNE INSIGHT YouTube channel:
http://bit.ly/2FgJTen
