Smaller Japanese companies struggling to keep up with demands for more money?from employees who?are themselves?struggling to make ends meet, might have a way to pay more without paying too much.
By using various types of non-salary compensation, they can give shadow raises while avoiding some of the costs that normally accompany simple salary increases.?
“An increasing number of companies come to us with a clear objective: that they want to use employee benefits to increase disposable income as an alternative to direct pay hikes,” said Shigeru Aizawa, head of employee benefits in the empowerment division at Tokyo-based Freee.??
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.