However, when compared to Western nations, Japan's wage
increases are still relatively low. For example, the average wage increases in
the United States in 2023 is expected to be around 4.6%, while in the United
Kingdom it is projected to be around 5.7%. But there are more areas that need
to be addressed for Japan to compete in the new global market.
One area where Japanese employers need to improve is workplace
flexibility. Many workers in Japan are still subject to long working hours and
inflexible schedules, which can negatively impact their work-life balance and
overall well-being. By offering more flexible work arrangements, such as
telecommuting and flexible hours, employers could not only improve the lives of
their workers but also attract and retain top talent.
Another area where Japanese employers could improve is
diversity, equity, and inclusion (DEI). Japan has historically been a
homogenous society, which can make it difficult for people from diverse
backgrounds to feel included in the workplace. However, by placing a broader
emphasis on DEI, employers could create a more welcoming and inclusive work
environment that values the unique contributions of all workers.
Overall, while the recent wage hike negotiated by Japan's labor
unions is a positive development, there is still much work to be done to ensure
that Japanese workers are compensated and treated with respect and dignity. Through
offering more workplace flexibility and placing a greater emphasis on DEI,
Japanese employers can create a more equitable and inclusive work environment
that benefits everyone. By doing so Japan can ensure that it remains
competitive in the global marketplace and continue to attract the best talent
from around the world.
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