Japan's Brokerages Increase Compensation for Older Employees

Reported 3 days ago

Major Japanese securities firms are raising pay and benefits for retirement-age workers as they seek to retain talent amidst an aging population. Employees aged 60 and above are now being compensated based on performance and given greater responsibilities, with Daiwa Securities reporting a 15% pay rise for senior staff over two years. Companies like Nomura and Mitsubishi UFJ are enhancing benefits to encourage older employees to continue working, recognizing their valuable experience in navigating complex financial markets.

Source: YAHOO

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