Nearly 10% of Japanese firms said they will hire more regular workers as a result of planned minimum wage hikes across the country, a recent survey by a credit research company showed.
The survey by Tokyo Shoko Research appears to show that more employers are deciding it's better to shift their labor force to nonfixed-term regular workers, given that it would be more costly for them to employ fixed-term, nonregular staff who are paid by the hour.
When asked about the impact of the minimum wage rise scheduled for October, the online survey found that 914, or 9.8%, of the 9,278 responding firms said they will hire more regular staff, while 287, or 3%, will reduce their headcount of such workers.