Are You Wasting Money
on Non-Strategic Retirement and Other Benefits?
Do You Have the Best Pay and Personnel Systems
that are the Most Attractive to Today's Workforce?
1. Did you know that today's young Japanese worker
doubts that he will get his payback on the expensive social
insurance payments that are deducted from his pay each month?
He is pretty sure the government pension and health program
will be bankrupt when he is old enough to need it. Not a pleasant
feeling.
2. Your firm is throwing away more and more premium
on a low return, non-mandatory "Defined Benefit Retirement
Plan." It sucks up precious cash flow. It is your firm that has to
make up for falling stock values and gross mismanagement on the part
of your Japanese financing institution. Yet the only
thing most of your staff trust and want is more cash in their
pocket today.
3. Indeed, statistics show that if given a choice
most good people want higher cash earnings today, rather than
a rich Defined Benefit Retirement Plan that only looks good
on paper. The retirement plans of most Japanese companies are
grossly underfunded and the firm will never be able to make
good on those paper promises. (Translate "Defined Contribution
Plan" that everyone talks about, to the inevitable, impending
"Corporate Bailout Plan"!)
4. The shine is off the armor of even the largest
and most prestigious Japanese firms. The people that are attracted
to foreign capitalized firms, and those who will make the biggest
contribution, are looking for something very different. They
want to be paid for what they are worth today.
5. Let us make sure you have an attractive performance
pay-based corporate culture that meets their needs and yours.
For just a few hundred thousand yen, TMT can analyze, report,
and recommend the optimum pay and benefit strategy for staff
satisfaction and growth in sales and profits.
6. If what we discover and show you makes sense
to you, for the cost equivalent of one or two executive search
fees, you and your firm will be positioned for greater success
in Japan.