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Words: | Submitted: Thu Aug 17 2006
... from realizing a greater role in the global market (Nikkeiren cited in Benson and Zhu 2005 p53). The high cost of labour in Japan is forcing organizations to move operations overseas and Nikkeiren associates these costs with the practices of employment security and nenko (Nikkeiren cited in Benson & Zhu p.53). If the traditional practice of employment security can be phased out and the public's expectations of such altered, the labor market could see a healthier future. Appealing to younger generations of the Japanese workforce is increasingly becoming a challenge for Japanese businesses (Kuwahara 2004 p. 294). Today younger Japanese workers tend to not hold much faith in the investment of a career in a single firm (Dore cited in Debroux 2003 p. 59). Recent college graduates are making choices that do not support a positive future outlook for Japanese employment relations. Evidence of job-hopping and in many cases refusal ...
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