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”
Category: 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”