Employment
Office politics
Japanese companies can’t seem to hire full-time staff fast enough. That’s the take-away from a survey published last week by Teikoku Databank in which more than 44 per cent of Japanese companies complained about labour shortages – the highest in more than a decade. It’s fuelling worries that Japan’s ageing and shrinking population is pinching growth. Yet the country still has an underutilised resource: women. Since Prime Minister Shinzo Abe took office in 2012, the percentage of women in the workforce may have risen to 66.5 per cent from 63 per cent but women still account for a tiny percentage of private-sector managerial posts. The situation isn’t helped by Japan’s long office hours and inflexible working styles. It looks like a corporate culture reboot is in order.