For a large Japanese company, the year end bonus is scary?!

Mondo Workplace Updated on 2024-01-31

2023 Japan Winter Bonus Revealed: Salary Trends in the Context of Industry Differentiation.

Recently, Keidanren released the results of the 2023 winter bonus survey, which has attracted widespread attention. Among the 163 largest companies, the average payment amount was 906,413 yen, an increase of 1 from the previous year37%, the highest level in four years after the pandemic, and the third highest since 1981.

Industry differences: The level of bonuses is clear at a glance.

The survey not only shows the overall level, but also details the average bonuses across 19 industries. The construction industry topped the list with 1,350,798 yen, up 826%, machinery and metal industry and food industry ranked second with 1,127,336 yen and 1,114,338 yen respectively, an increase of 1483% and 1992%。And the bonus of the shipbuilding industry is also stable at the level of one million yuan.

These four industries not only have high bonuses, but also have reached the million-yuan level, which shows the motivation of each industry for employees. Among them, the growth of the food industry is the most significant, which may be related to the increase in the price of more than 30,000 food products in Japan in 2023, which contributed to the increase in bonuses.

The trend behind it: the importance that companies place on their employees.

The increase in the winter bonus reflects the recognition and importance that the company attaches to its employees. After the epidemic, enterprises pay more attention to the stability and motivation of employees, and share the fruits of enterprise development by increasing the level of bonuses. Not only does this help retain top talent, but it also stimulates enthusiasm and creativity in employees.

It is worth noting that 12 industries in this survey showed a year-on-year growth trend, while 7 industries showed a slight decline. Among them, the growth of the food industry is particularly eye-catching, probably because of the food industry, companies are willing to give back the benefits to employees. This also provides a useful reference for the future remuneration policy of enterprises.

Industry Transformation: The Story Behind the Numbers.

Behind the numbers, there are different status quos and changes in various industries. The rise of the construction industry may be related to the increase in infrastructure projects, while the boom in the machinery and metals industry may reflect the rising demand for highly skilled workforce. The growth rate in the food industry reminds us of the impact of food** fluctuations on both businesses and employees.

Behind the numbers, each industry has its own development story and is breathing new life into the Japanese economy. Enterprises should be good at grasping industry trends, adjusting salary policies, stimulating the potential of employees, and jointly achieving a win-win situation for enterprises and employees.

Conclusion: The thinking behind the winter bonus.

The increase in winter bonuses is not only a numerical increase, but also an affirmation of the company's employees. The differences in various industries are also reminding us that the changes and needs of different industries are different, and enterprises need to formulate reasonable incentive policies according to their own conditions.

This survey not only reveals the overall level of winter bonuses of Japanese companies, but also calls us to think deeply about the development dynamics of each industry. Behind the numbers is the story of the joint struggle of the company and its employees, and it is also a testimony to the continued prosperity of the Japanese economy.

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