2008-07-26

Summer Bonuses Down

Bonuses in Japan are usually set by the unions according to parameters such as age, length of employment and a relatively small performance component. The biggest variation from bonus to bonus is due to the company's overall economic performance.

This article on Japan Today notes that bonuses are down due to the overall economy, but I bet the bonuses in the food industry are down much more overall due to the price squeeze most companies are facing.