3 ms·
Not exactly what you're talking about but still relevant: "Not surprisingly, many corporate executives oppose extending employment protections to 65. Komatsu,
by ics 11y ago
Not exactly what you're talking about but still relevant:
"Not surprisingly, many corporate executives oppose extending employment protections to 65. Komatsu, the world’s second-biggest construction equipment maker, rehires 90 percent of its retirees with a 40 percent pay cut. 'I’m happy to keep workers on after 65, but I don’t think many are physically capable,' says Chief Executive Officer Kunio Noji, who is 65. Yasuchika Hasegawa, the CEO of Asia’s preeminent drugmaker, Takeda Pharmaceutical, and chairman of the Japan Association of Corporate Executives, says employers shouldn’t be forced by law to retain older workers. He is 66."
http://www.bloomberg.com/bw/articles/2012-08-30/in-japan-retirees-go-on-working http://www.bloomberg.com/bw/articles/2012-08-30/in-japan-ret...