2013-08-19 08:17:01 -
Despite a conservative salary outlook, one in five (21 per cent) candidates in Japan expects to receive a salary increase of more than 6 per cent yet just 6 per cent of employers in Japan plan to offer such an increase, according to research carried out by recruiting experts Hays in Japan.
The annual Hays Salary Guide asked more than 1,200 employers about their salary intentions. Overall, 20 per cent plan to award salary increases of 3 to 6 per cent while 74 per cent intend to award pay increases of nil to 3 per cent.
Of the 274 Japanese candidates taking part in a recent Hays online poll on salary expectations, 63 per cent expect to see a pay increase of
nil to less than 3 per cent hit their pay packet while 15 per cent expect an increase of between 3 and 6 per cent.
"Employers are looking to maintain costs where possible," explains Jonathan Sampson, Regional Director of Hays in Japan.
"For candidates this means looking at the opportunity for professional growth offered by a potential employer and not just the salary. This will help you position for promotion once inside the organisation to command greater salary increases down the track," says Jonathan.
"The potential for salary increases moves up and down as economic conditions change so it is important not to overreact to salary trends.
"Employers also need to tread carefully in this market and ensure they are selling the full range of the benefits they offer employees when they are interviewing job candidates.
"Open and honest communication with existing and potential employees regarding salaries and benefits is very important to help bridge the gap in pay expectations," said Jonathan.
Hays, the world's leading recruiting experts in qualified, professional and skilled people.
Hays is the leading global specialist recruiting group. It is the expert at recruiting qualified, professional and skilled people worldwide.
Hays Specialist Recruitment Japan KK ("Hays") is the largest foreign recruitment company in Japan and operates across the private sector, dealing in permanent positions, contract roles and temporary assignments. Hays has been in Japan for more than a decade, and boasts a track record of success and growth.
Hays is the only foreign recruitment company in Japan to operate specialist business units composed of professionals with experience and expertise in the sectors they cover. Hays Japan's thirteen specialisms span Accountancy & Finance, Banking, Finance Technology, Human Resources, Hays Resource Management, Information Technology, Insurance, Legal, Life Sciences, Office Professionals, Property, Sales & Marketing and Supply Chain.
Hays is also the only foreign recruitment company in Japan to operate three local offices, serving the Kanto region from Akasaka and Shinjuku, and Kansai from central Osaka.
Hays Japan is the local representative office for Hays plc, which is a global company with more than 7,800 staff operating from 245 offices across 33 countries.
Hays operates in the following countries: Australia, Austria, Belgium, Brazil, Canada, Colombia, Chile, China, the Czech Republic, Denmark, France, Germany, Hong Kong, Hungary, India, Ireland, Italy, Japan, Luxembourg, Malaysia, Mexico, the Netherlands, New Zealand, Poland, Portugal, Russia, Singapore, Spain, Sweden, Switzerland, UAE, the UK and the USA.
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