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The Particular Features Of The Employment System In Japan

Part 1 of Paper
....t for workers. Japanese corporations responses to recessionary periods provide an opportunity to sort out the myths from the realities of the Japanese permanent employment system. During recessions Japanese companies forced to reduce their costs achieve reductions in several ways. First, they reduce the number....

Part 2 of Paper
....more seniority and thus make more money then the average worker. Japanese companies also are able to cut costs during recessions by reducing or eliminating bonuses paid to workers, cutting down on hiring of new workers, eliminating the farming out of work to subcontractors, transferring workers internally with in the company to subsidiaries, and reducing profit margins to levels that many American companies would find intolerable. Japanese companies response to recessions shows the bene....

Number of words: 492 - Approximate pages: 2

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