20220304 Data Watch

A growing number of Japanese startups are offering fat compensation packages to lure midcareer talent.

Japan's midcareer job seekers flock to startups

Workers ditch secure positions at big companies as new opportunities abound

TOKYO -- The midcareer job market in Japan is changing fast, with an increasing number of workers trading secure jobs at large companies for new opportunities at startups.

Ambi, a job placement website run by En Japan, shows that the number of workers moving to startups from well-established businesses rose more than sevenfold in three years since the first half of fiscal 2018, far surpassing the overall job-hopping increase of 3.8 times. These midcareer changes accounted for 21.4% of all job switches made through the Ambi website, up about 13 points from three years earlier.

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