Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

Japan's Abe-nomics Yet to Affect Hiring Levels


Japan's Abe-nomics Yet to Affect Hiring Levels

Tokyo, Mar 14, 2013 - (JCN Newswire) - Improved business sentiment in Japan due to the election of a new government has not yet affected hiring levels according to the recently released 2013 Salary Survey by Robert Walters, one of the world's leading specialist professional recruitment consultancies.

The comprehensive 14th edition of the annual Global Salary Survey, reports that the hiring outlook for 2013 is set to remain comparable to 2012, despite anticipated pro-business policies from the new Abe government dubbed 'Abe-nomics'. Companies in Japan will remain generally cautious and are set to focus on existing business rather than initiate expansion plans in the coming year. As a result, firms will look to improve or 'up-skill' their workforces by hiring more experienced professionals with a stronger compliment of skill sets when replacing departing staff.

Multinational firms will also continue scrutinising global staffing costs, which will create more difficulty for line managers to obtain local headcount approvals for incoming staff. Due to the lengthened hiring process, employers are expected to seek more experienced, non-managerial staff that are able to contribute immediately with minimal training. However, the availability of these professionals will remain limited in Japan, which may lead to wage inflation later in the year.

Lanis Yarzab, Director of Commerce and Industry at Robert Walters Japan comments:

"It is still far too early to determine any discernible movement in recruitment levels as a result of the anticipated policies of the Abe government. From our perspective, we expect businesses in Japan to remain cautious and recruit predominately on a replacement basis, rather than filling new headcount. To improve their existing teams, employers will look for workers with specialist skills when hiring for attrition."

For more comprehensive global market and salary information, request a copy at http://www.robertwalters-japan.com/salary-survey .

About the Robert Walters Salary Survey

The 14th annual Robert Walters Global Salary Survey is the first bilingual report of its kind in Japan. The Survey offers detailed market conditions and salary outlook for all professional positions and industries in Japan and across our global network of 23 countries worldwide.

Also Available - Robert Walters Instant Salary Checker App

Drawing on data from the Robert Walters Global Salary Survey, the Instant Salary Checker App provides users with instant access to current market salaries and contract rates by role and sector. Since its launch in January 2011, it has been downloaded 100,000 times, making it to No1 in the iTunes business app charts.

Download the current app for free: http://itunes.apple.com/gb/app/salary-checker/id412415927?mt=8

About Robert Walters PLC

Robert Walters is one of the leading international recruitment consultancies and uses its distinct advantages of size, proven track record, and unparalleled global network to provide permanent and contract recruitment solutions across all industry sectors. For more information, please visit www.robertwalters.com .

Contact:

Ambrose Lau, PR Specialist t: +81 (0)3 4570 1513 e: ambrose.lau@robertwalters.co.jp

Copyright 2013 JCN Newswire. All rights reserved. www.japancorp.net

Provider ID: 00026422

Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement