Where in Asia offers the best expat pay packages? Japan

Business May 22, 2019

Where in Asia offers the best expat pay packages? Japan

With Hong Kong and Singapore routinely topping the charts as the most expensive places to live and play, it may come as some surprise that Japan offers the best pay packets for expats in Asia. The average expatriate pay package provided by companies in Japan ...

Gender pay gap could cost world $160 trillion: World Bank

Business / Economy May 31, 2018

Gender pay gap could cost world $160 trillion: World Bank

Gender inequality in the workplace could cost $160 trillion in lost earnings globally, a World Bank study showed Wednesday, as pressure to address the pay gap grows. That represents the difference between the combined lifetime income of everyone of working age in the world today ...

Business Feb 25, 2016

Mizuho union follows rivals in seeking no pay hike

The labor union of Mizuho Financial Group Inc. decided Wednesday not to request a pay-scale hike at this year's wage talks, given that the banking group has taken a battering from the central bank's negative interest policy, sources said. The union plans to gain members' ...

National Oct 24, 2014

Riken top brass to take pay cuts over STAP cell scandal

The Riken research institute has announced pay cuts for its top brass, in connection with an embarrassing international scandal over research on so-called STAP cells. Riken President Ryoji Noyori, a 2001 Nobel laureate in chemistry, will return 10 percent of his pay for three months, ...

Ghosn to top executive pay scale again

Business / Corporate Jun 24, 2014

Ghosn to top executive pay scale again

Nissan Motor Co. Chief Executive Officer Carlos Ghosn earned more than ¥1 billion last year, putting him on track to become the best-paid Japan executive for the fourth time in five years. Ghosn was paid ¥995 million in salary and bonuses for the fiscal year ...

Business Jun 24, 2014

Exec pay continues to reach new heights

by Atsushi Kodera

While Nissan CEO Carlos Ghosn was raking in around ¥1 billion last year, executives at other listed companies in Japan were also making more money than ever amid the economic recovery. Executive pay for fiscal 2013 announced as of Monday showed that Hajime Satomi, chairman ...