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So Japan has issues with a poor job market and people working themselves to death? It seems like raising the mandatory pay rate for overtime would really reduc
by gerbal 9y ago
So Japan has issues with a poor job market and people working themselves to death?
It seems like raising the mandatory pay rate for overtime would really reduce the issue. A sliding scale that increases the overtime pay rate for additional hours would nip this in the bud and improve the labor market.
Something like 1.5x for > 50 hours/week and 2x for >60 hours /week would put tremendous pressure on companies to hire more staff rather than working their employees to death. Also it wouldn't nuke the salaries of those depending on overtime pay to make ends meet. Fewer overtime hours, same pay.