Table: Japan Inc. Fights Back
Japanese companies are shaking up old employment policies. Here's what they're up to:
Recruiting: Using the Web to troll for Net-savvy students can cut the old nine-month interview process by a third. Sanyo (SANYY ) netted 20% more students with a new recruiting site.
Pensions: Instead of just one pension package, new hires often can choose from several retirement plans. Some 40% of new employees at Matsushita (MC ) manage their own pensions.
Salaries: Traditionally, workers didn't earn top wages until they put in 25-plus years. Now, more employers consider performance at raise time.
Hiring: More companies woo midcareer workers from rivals. Up to one-third of new hires at Fujitsu (FJTSY ) now come from competitors.