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Japan also has a stagnant economy, so companies can't afford to get into bidding wars over talent and offer lavish salaries and benefits like they do in the US.
by paxys 2y ago
Japan also has a stagnant economy, so companies can't afford to get into bidding wars over talent and offer lavish salaries and benefits like they do in the US.
- black_13 2y ago[dead]
- MrHamburger 2y agoMaybe it is stagnant because companies does not need to compete for staff?
- pdimitar 2y agoDoubtful. National-wide problems don't face budget problems like a struggling family would. There's always some money around, but certain people on influential positions want to take it all -- that's all there is to it really. Or in other words, companies absolutely can bump pays, even with something not huge like 5-10% and they would still be fine, probably better even. But we can't have that when the CEO needs another yacht, or whatever it is that those empty people always chase. And it's somehow never enough.