Higher inflation on Japanese businesses and company employees - a key opportunity to retain talent?

Specialist bilingual recruitment firm Robert Walters Japan, a CCCJ Corporate Member, announced the results of its Salary Survey 2023 on 15 December, in which 864 company employees working in Japan, mainly in the Tokyo and Kansai regions, and 196 Japanese companies responded. One of the survey’s key findings noted a "rising cost of living and inflation" among Japanese companies. As the prevention of staff turnover (talent retention) is extremely important in Japan's labour market, where there is a of considerable talent shortage, the survey investigated the extent to which current inflation is affecting companies and changing the attitudes of company employees towards their work.

To learn more, read the report here.