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back to index backGLOBALtalk February,  2005

Japan: Confidence in economy leads to increased demand, higher wages

Japanese companies appear to be spending and hiring more amid growing confidence in the nation's economy. As a result, human resources departments and recruiting firms are reporting an increase in demand for experienced and qualified workers in a variety of fields, particularly accounting.

Recruiting assignments are rising by as much as 200 percent, according to some reports, and salaries offered to new employees are currently averaging about 8 percent to 18 percent higher than they were in 2004.

Source: Globility magazine - GAI

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