Welcome!

Artificial Intelligence Authors: Jyoti Bansal, Carmen Gonzalez, Pat Romanski, Liz McMillan, Elizabeth White

News Feed Item

Focus on Performance-related Pay: 2013 Hays Asia Salary Guide

Tokyo, Feb 6, 2013 - (ACN Newswire) - About half of the employers in Japan gave a salary increase of less than 3 per cent last year and candidates can expect more of the same this year, according to the Hays Asia Salary Guide.

The 2013 Hays Asia Salary Guide, out now, reveals salary and recruiting trends for 1,200 roles across Hong Kong, China, Singapore, Malaysia and Japan and was based on a survey of 1,200 employers, as well as placements made by Hays.

According to the Hays Asia Salary Guide, 47 per cent of employers gave a salary increase of less than 3 per cent and 28 opted not to give an increase at all. 16 per cent increased salaries between 3 and 6 per cent and 4 per cent gave increases of 6 to 10 per cent. Five per cent raised salaries by 10 per cent.

Looking ahead, 59 per cent intend to give increases of less than 3 per cent, while 20 per cent of employers are expecting 3 to 6 per cent salary increases. 4 per cent will give a pay rise of more than 6 per cent and 2 per cent will consider a raise of more than 10 per cent when they next review. 15 per cent expect to give no increase at all.

"However, the Salary Guide reveals 91 per cent of employers in Asia expect to award a bonus this year - that's up on last year's figure of 87 per cent, which could be why we are seeing a trend of low salary increases in Japan," says Jonathan Sampson, Regional Director of Hays in Japan.

"Benefits are also being offered by 79 per cent of employers with the most popular benefits in Japan being life assurance offered (by 44 per cent of employers), club/gym membership (30 per cent), pension (28 per cent) and tax equalisation (16 per cent).

"Interestingly in Japan, unlike other countries surveyed it is Life Assurance that again tops the list of benefits paid by employers albeit by a smaller margin than last year."

Meanwhile, almost three quarters of employers across Asia, or 72 per cent, believe the economy is likely to remain stable or strengthen. 65 per cent of employers in Asia also say their business activity increased in the past 12 months and 66 per cent envisage it will increase in the next year.

"This is expected to put greater pressure, on not only sourcing the right skills to manage increased business but also potentially the package on offer to prospective employees," says Jonathan Sampson, Regional Director of Hays in Japan. "Our salary survey revealed 93 per cent of employers believe skills shortages will hamper their business operations."

"Also we have seen that more than half of employers (52 per cent) tell us they have used a flexible approach to staffing over the past year, either temporary or contract employees or the employment of part-time staff - in fact almost a quarter (24 per cent) of respondents say they use temporary or contract staff on an ongoing basis."

According to the 2013 Hays Asia Salary Guide, trends at a glance for Japan by sector are as follows:

-- Accountancy & Finance:
In 2012 activity in Japan's accountancy and finance jobs market not only returned to pre-global financial crisis levels, but it was once again characterised by candidate shortages.

-- Banking:
Japan's banking sector has been dominated by a focus on cost cutting. This has impacted vacancy activity in three significant ways. Firstly, it has seen employers focus on hiring replacements in order to maintain rather than add to their headcount. Secondly, employers are exhausting all internal staffing options, both local and overseas, before considering external candidates. And thirdly, when they do hire externally the interview process has lengthened as employers do all they can to ensure they recruit the most suitable candidate.

-- Finance Technology:
Japan's finance technology market saw steady levels of vacancy activity throughout 2012. The investment banks and IT vendors were both recruiting, and this is not expected to change.

-- Human Resources:
Salaries remained stable year-on-year, although some highly-qualified candidates are receiving salary increases in the double digits. Candidates who have been unemployed for a long time, however, have decreased their salary expectations.

-- Information Technology:
Following the trend of 2012, 2013 is expected to be a strong year in the areas of cloud computing and IT business consulting. The former is a result of infrastructure vendors looking to manage shrinkage in traditional markets by diversifying into related and emerging technologies. The latter is driven by general enterprise looking to rationalise business practise and achieve cost savings by enhancing their IT systems.

-- Insurance:
Most foreign companies in Japan's insurance industry are recruiting junior candidates, such as Salespeople and Claims Adjusters, to maintain their age balance. As a result, demand is high for candidates with a few years of industry experience, especially those with relevant financial sales or claims adjustment experience.

-- Legal:
Japan's in-house counsel market is increasing its emphasis on compliance as changes in the regulatory environment, especially in pharma, banking and financial services, require a greater separation of powers between legal and compliance.

-- Life Sciences:
Regulatory changes have seen Japan's sales style shift over recent years from relationship based towards one that is more technically driven. As a result, we are seeing a continuous need for Application Specialists, Medical Science Liaisons or Clinical/KOL Education Specialists.

-- Office Professionals:
The demand for bilingual support staff has increased in Japan over the past year as local companies continue to globalise and recruit support staff who can communicate with overseas offices.

-- Property:
We expect to see good activity in Japan's property market in 2013. This will be driven by growth in the pharma and medical devices industries, with retail and insurance businesses also expected to continue to recruit property professionals.

-- Sales & Marketing:
Demand for sales and marketing professionals remains high within many industries. Looking firstly at the IT industry, many non-Japanese companies continue to increase their direct sales and high touch workforce and are moving away from a channel sales reliant model to maximise profits and improve aftercare and service add-on revenues.

-- Supply Chain:
Demand for supply chain and procurement professionals has remained high in Japan over the past year, and this trend will continue for the remainder of 2013 since many companies are driving global structure change.

Access the 2013 Hays Asia Salary Guide at www.hays.co.jp/en/salary-guide , by contacting your local Hays office or by downloading The Hays Asia Salary Guide 2013 iPhone app from iTunes.

Hays, the world's leading recruiting experts in qualified, professional and skilled people.

About Hays

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.

Source: Hays

Contact:
Keiko Asakura
Hays Japan
Marketing Manager
+81 3 3560 2813
[email protected]




Copyright 2013 ACN Newswire. All rights reserved.

More Stories By ACN Newswire

Copyright 2008 ACN Newswire. All rights reserved. Republication or redistribution of ACN Newswire content is expressly prohibited without the prior written consent of ACN Newswire. ACN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Discover top technologies and tools all under one roof at April 24–28, 2017, at the Westin San Diego in San Diego, CA. Explore the Mobile Dev + Test and IoT Dev + Test Expo and enjoy all of these unique opportunities: The latest solutions, technologies, and tools in mobile or IoT software development and testing. Meet one-on-one with representatives from some of today's most innovative organizations
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
"A lot of times people will come to us and have a very diverse set of requirements or very customized need and we'll help them to implement it in a fashion that you can't just buy off of the shelf," explained Nick Rose, CTO of Enzu, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
In 2014, Amazon announced a new form of compute called Lambda. We didn't know it at the time, but this represented a fundamental shift in what we expect from cloud computing. Now, all of the major cloud computing vendors want to take part in this disruptive technology. In his session at 20th Cloud Expo, John Jelinek IV, a web developer at Linux Academy, will discuss why major players like AWS, Microsoft Azure, IBM Bluemix, and Google Cloud Platform are all trying to sidestep VMs and containers...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
WebRTC is about the data channel as much as about video and audio conferencing. However, basically all commercial WebRTC applications have been built with a focus on audio and video. The handling of “data” has been limited to text chat and file download – all other data sharing seems to end with screensharing. What is holding back a more intensive use of peer-to-peer data? In her session at @ThingsExpo, Dr Silvia Pfeiffer, WebRTC Applications Team Lead at National ICT Australia, looked at differ...
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Day 2 Keynote at 17th Cloud Expo, Sandy Ca...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...