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Business trends

Global IT talent war sends Japan tech salaries soaring

Some top-tier talent offered more than $800,000 annually

Japan focuses on shoring up its dwindling pool of high-end IT workers with lucrative pay packages and other incentives.   © Reuters

TOKYO -- As the global shortage of skilled information technology experts hits Japan hard, companies are scrambling to lure and keep top talent with hefty annual pay packages.

IT company NTT Data announced on Dec. 4 a new performance-based pay system aimed at attracting high flyers in the fields of artificial intelligence and the internet of things.

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