Japanese Salaries reflection

Satisfactory Essays
Topics: United States
Salaries in the US and Japan

The salaries for the top people in businesses like CEO 's and chief executive 's in Japan get paid a small amount compared to the top employees in the United States of America. According to the economist.com blogs, in 2010, “Nissan 's boss, Ccarlos Ghosn, earned around $9.5m last year-- on hundred times the pay of Masamoto Yashiro, the departing boss of Shinsei Bank, who took home just $95,000. Sir Howard Stringer of Sony received more than $8m if stock options are included. His counterpart at Panasonic earned a modest $1.2m. Takeda Pharmaceutical paid its America-based global sales chief $6m, twice as much as its chief executive back in Japan.” That to me sounds fishy, in that they can get paid THAT much more than others in their same positions, why can 't they pay for more employees or for their grunts to have a higher ay raise to be able to live without working two jobs.

Other parts of the article relate and say how some Japanese companies when they buy out other companies over seas, they are forced to pay them more so that they stay around. This is even though they don 't contribute that much more to earn a couple million dollars more. This is why I believe that the Japanese companies have done it right in the terms of paying higher ups. They still pay them a lot, but by paying them much less, they can afford other additions to the company to make it better. It also allows them to hire many more employees to help and expand out. That extra money can increase the pay of the grunts so that they are more productive and don 't rebel as much and go on strike like American 's companies.

It is also not just America-based, but other nations, like European countries that over pay their top employees. If American companies stop paying their higher ups millions upon millions of dollars, they might, if not will, be able to increase the standard of living for their employees. They will help with the unemployment



References: http://www.economist.com/blogs/newsbook/2010/06/japanese_executive_pay

You May Also Find These Documents Helpful

  • Good Essays

    Reflection on Japanese earthquake After watching the news about the catastrophic earthquake in Japan these days, I was overwhelmed with a range of emotions: anxiety, depression, grief, confusion and shock. Like a lot of people, I was stunned by percussive images of the ruins of buildings and the bodies of casualties. I felt sorry for the dead. Meanwhile, I was deeply touched by those survived. Instead of being thrown into panic, the Japanese faced up to the catastrophe with dispassion and composure…

    • 307 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Japanese Reflection Essay

    • 437 Words
    • 2 Pages

    Aritaka-san and Morita-san. Out of all the topics that we discussed together, I think the one that struck a deep chord in me was when Morita-san talked about her visit to the National Museum of Singapore and how she cried when she read about the Japanese Occupation in Singapore and how both parties suffered during the war. She then went on to explain that history is a very important subject which we need to impart to our next generation such that they can understand the past mistakes and reasons…

    • 437 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Salaries

    • 712 Words
    • 3 Pages

    economy yet his salary still does not equate to that of any professional athlete. However, I’ve seen a few presidents on television and despite their powers, authority, and admiration, I wouldn’t pay to go see them make legislative decisions and pass papers around all day. On the contrary, I would pay to see LaBron James or Chris Paul put a move on a defender and finger roll or slam dunk it home- that’s enjoyment. Guo once stated in an editorial titled Professional Athletes’ Salaries, “Sports were…

    • 712 Words
    • 3 Pages
    Good Essays
  • Good Essays

    February 1942, President Roosevelt signed an executive order for the exclusion and internment of all Japanese Americans. This exclusion started March 1942. The story. Class we start off the new year with a very special student and the end of Last years of paper assignment. Hiroshi Makiauto please come up and tell us about yourself. Recite your assigned story for the class Mr. bronze said. Standing up in front of the class with hands of Clay and…

    • 532 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Salary Negotiation

    • 2331 Words
    • 10 Pages

    The objective of this paper is to discuss the salary negotiation case, the explanation of negotiation theory, the application of this negotiation theory to the salary negotiation case. Apparently, salary negotiation is very important to our daily lives due to its reflection of fair treatments of our skills sets, our values, our competencies. It is likely many professionals don’t know how to achieve the optimal outcome due to lack of understanding of the negotiation skills. Hence, I will explain the…

    • 2331 Words
    • 10 Pages
    Good Essays
  • Satisfactory Essays

    Salary Essay

    • 263 Words
    • 2 Pages

    Sheryl D Stoutenboro Waco, TX 76710 254-214-2806 cell 254-300-5237 home MsSherylD@sbcglobal.net SALARY HISTORY FIXED ASSET ACCOUNTANT-Consolidated Graphics June 2011– April 2012 Houston, TX Salary History: Start- $52,000.00 End- $52,000.00 ACCOUNTING ASSISTANT-TX Instruments September 2008– August 2010 Dallas, TX Salary History: Start - $42,640.00 End - $42,640.00 * Medical, Dental, Vision, Life, Tuition…

    • 263 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Salary Structure

    • 6333 Words
    • 26 Pages

    Creating a Competitive Salary Structure INTRODUCTION Each employee in an organization is paid a salary. Salaries vary greatly, with executives earning as much as (or greater than) 100 times an entry-level employee's salary. This variation is not by chance. It is rationally established through a salary structure – a hierarchy of salaries. Organizations develop this structure based upon internal factors (such as current rates, job relationships, and custom) and external factors (such as labor…

    • 6333 Words
    • 26 Pages
    Good Essays
  • Good Essays

    Teachers' Salary

    • 666 Words
    • 3 Pages

    debated whether universities need to/ ought to/ have to/ must increase teachers’ salary or not. One idea that has received much attention is that higher salary for teacher is essential. This essay will explain that universities should pay their teachers more money as far as better education system and teachers’ low salary are concerned. One of the most important reasons why the priority is given to increasing teachers’ salary instead of athletics is to improve the quality of the education system. For…

    • 666 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Wages and Salary

    • 705 Words
    • 3 Pages

    1. Clarissa is considering two job offers. One has an annual salary of $61.1K and the other has an annual salary of $63.4K. What is the difference in the weekly pay for these two jobs? 63,400-61100=2,300 2. Mr. Leonard took a job through an employment agency. The job pays $88K per year. He must pay a fee to the employment agency of 22% of his first four weeks’ pay. How much money must Mr. Leonard pay the agency, to the nearest cent? 88,000/12=7,333.3…

    • 705 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Football Salary

    • 389 Words
    • 2 Pages

    Footballers Salary Many people think that footballers are paid too much money for doing too little effort. However, this can be argues because they are people who have dedicated their entire life to this sport and therefore they should be rewarded. But in the end there is lots of people need that money to survive and get some food and clean water. The money which is given to players should be reduced because what they do isn't worth all the money they get. Because the average salary of a professional…

    • 389 Words
    • 2 Pages
    Satisfactory Essays