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Category: Wages

Annual salary system and overtime pay

If you hire an employee, of course you will be shown the amount of salary for that person, but in the case of foreign-affiliated companies, it is often shown on the basis of annual salary system. For example, ‘A Sales staff paid 7 million yen per year and overtime pay is included’. As hiring side, … Continue reading “Annual salary system and overtime pay”

Author Tetsuro KurataPosted on 12/24/201912/24/2019Categories Laws, Wages

Wage Regulations to Keep in Mind

Based on Article 24 of Labour Standards Act, wage must be paid in cash, in full amount and directly to the workers themselves. This excludes payment to parents or relatives. The important principles of the provisions of the Article are as follows: ① cash payments ② direct payments to the employees (to the bank accounts which … Continue reading “Wage Regulations to Keep in Mind”

Author Kaoru KurataPosted on 07/06/201907/11/2019Categories Wages

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  • Annual salary system and overtime pay

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