Toyota Motor Corp (T:7203)
will change the way it pays factory workers, focusing on their
performance rather than their seniority, the Nikkei reported on Monday.
Toyota's new arrangement, designed to attract young talent, will apply to about 40,000 employees, or about 60 percent of its workers, aged between 18 and 65, according to the Nikkei. (http://s.nikkei.com/1EMRveN)
The automaker has unveiled the proposal to its labor union and is hopeful of rolling it out next January, the Nikkei said.
Employees will be evaluated twice a year, with wages adjusted every six months, the Nikkei reported.
Read more Click here / www.trade4x.net
Toyota's new arrangement, designed to attract young talent, will apply to about 40,000 employees, or about 60 percent of its workers, aged between 18 and 65, according to the Nikkei. (http://s.nikkei.com/1EMRveN)
The automaker has unveiled the proposal to its labor union and is hopeful of rolling it out next January, the Nikkei said.
Employees will be evaluated twice a year, with wages adjusted every six months, the Nikkei reported.
Read more Click here / www.trade4x.net
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