Employee Performance in Japan: Evaluation and Reward Postwar economic development provided quite and immense amount of status and income to the Japanese. Since the 1960s, close to 90% of the Japanese people consider themselves to fall somewhere in the middle-class according to a survey conducted by the Prime Minister’s office. Today, status in society is determined mostly by one’s employment. Out of the labor force that consists of more than 60 million people, 45 million of those are regular employees. And for those who are working in a large firm, they are usually hired at the time of school graduation and retire at the compulsory age of 60. This kind of long-term employment system makes employers feel that labor is more of a fixed cost than a variable cost. Regular employment is not determined by a legal contract, but more in the style of a so....

Number Of Pages: 8

Number Of Words: 1991

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