Posted on 01/10/2025 7:49:06 AM PST by anthropocene_x
For many Gen Zers, paying off student loans and affording decent housing may seem like a pipe dream. But this may be a distant problem for young Japanese talent emerging from universities heading into the workforce.
40% of Japanese pupils graduating in March this year have already had at least one job offer a full year before they’re set to wrap up school. That’s the highest percentage since 2016.
With an aging population and low birth rates, there simply aren’t enough skilled young workers to go around, so firms are resorting to recruiting students before they’ve left college—and it’s creating a double-whammy win for entry-level workers.
Japan’s aging workforce is bad for business, a win for talent
Now, Japanese businesses are turning to subsidized housing, student loan perks, and more to woo workers. Trading house Itochu has invested in a new housing facility for its male workers, just a half-hour train ride from the company’s Tokyo office. The accommodations provide breakfast and weekday dinners to employees, alongside other perks including a bar, café, and sauna. Itochu will also open a facility for its female workers in 2025.
Other employee benefits are also rising in popularity. Japan’s employers are increasingly luring in college graduates with student loan reimbursement.
Another alluring perk has come to one of Japan’s largest employers, following the popularity of this benefit at German and U.K. businesses: The Tokyo Metropolitan Government, will allow a four-day workweek starting April this year.
(Excerpt) Read more at finance.yahoo.com ...
If only Americans had a government that respected them and their culture like Japan does theirs.
Amazing the benefits when you have a school system that spends more time teaching and less time indoctrinating.
Good, we need some more good electronics and cars from Japan to replace the Chin-Junk we’re currently being inundated with.
If theynwere patriotic, the gen zeers would use the time to build a good nest egg at the expense of the chinese while working to sabotage the efforts of th3 Chinese covertly.
This says more about the college racquet domestically than anything else, save free market employment as they certainly don’t teach that here.
the chinese
GERMAN MANUFACTURING IS COLLAPSING OVER “GREEN ENERGY”
Hiring college graduates is now considered “stealing”?
Doh, brain fart- bad flu, just getting over it- so that’s my excuse
“to replace the Chin-Junk we’re currently being inundated with”
I was born six years after the end of WW II. Japan was rebuilding and producing lots of Jap-Junk that inundated the USA. As a kid, Japanese toys were a joke. They were poorly designed, had inferior materials, and usually easily broke. No kid wanted a Japanese toy.
Now fast forward 50 years.
Japanese workers are slaves.
So Japan has its own version of H1B visas.
All Righty Then.
And we’re offering our Gen Z’s companies with strong DEI policies that favor less talented students who meet the proper racial credentials. They get first crack at jobs they are not qualified for. Wonder who wins in this battle.
Japan was smart enough to see their own workforce peaking and willing to do something about it. To avoid having their companies play games by hiring cheaper foreign workers, they actually required their companies to pay us a 10% premium over the going wage in the industry for a similar position.
Stop over paying the CEO’s and move the money down to the rank and file.
There is worldwide competition for skilled workers, there aren’t enough. We’ve cornered the trans-market though.
I hope they learn from our H1B mistakes and don’t fall for cheap immigration. Long live Japan.
“Stop over paying the CEO’s and move the money down to the rank and file.”
They aren’t overpaid, there’s a shortage of them and there’s competition for the best because companies can’t make it without good ones.
Very misleading title.
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