ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

Dai-ichi Life upends seniority with 4% pay raise for 14,000 staffers

Insurer becomes latest Japanese company to reward skills over age

Dai-ichi Life Insurance is overhauling how it pays and promotes employees.

TOKYO -- Japan's Dai-ichi Life Insurance intends to hike pay for skilled, productive workers regardless of age in its biggest personnel policy shake-up since listing.

The Tokyo-based insurer aims to raise total pay by 4% next fiscal year for around 14,000 employees after reaching an agreement during upcoming labor talks.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more