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- Nenko_System abstract "The seniority-wage system (年功序列, Nenkō joretsu) is the Japanese system of promoting an employee in order of his or her proximity to retirement. The advantage of the system is that it allows older employees to achieve a higher salary level before retirement and that it usually brings more experience to the executive ranks. The disadvantage of the system is that it does not allow new talent to be merged with the experience and those with specialized skills cannot be promoted to the already crowded executive ranks. It also does not guarantee or even attempt to bring the \"right person for the right job\". The labor turnover rate in Japan is less than half the US level. The seniority-wage system can also be seen in Japanese government. Japanese parliament seats are usually filled with the older members from each party. After the economic bubble burst in Japan in the late 80s and the venture capital (dot-com) shock of the 90s, the seniority-wage system has become less popular amongst business as they could not afford to keep older employees with high salaries on the payroll. Many mid-level executives that climbed the corporate ladder with the Nenko system fell victim to corporate restructuring.".
- Nenko_System wikiPageExternalLink PDFSTART.
- Nenko_System wikiPageID "9074749".
- Nenko_System wikiPageLength "1657".
- Nenko_System wikiPageOutDegree "10".
- Nenko_System wikiPageRevisionID "668417077".
- Nenko_System wikiPageWikiLink Category:Human_resource_management.
- Nenko_System wikiPageWikiLink Category:Japanese_business_terms.
- Nenko_System wikiPageWikiLink Economic_bubble.
- Nenko_System wikiPageWikiLink Japan.
- Nenko_System wikiPageWikiLink National_Diet.
- Nenko_System wikiPageWikiLink Restructuring.
- Nenko_System wikiPageWikiLink Retirement.
- Nenko_System wikiPageWikiLink Salary.
- Nenko_System wikiPageWikiLink Seniority.
- Nenko_System wikiPageWikiLink Simultaneous_recruiting_of_new_graduates.
- Nenko_System wikiPageWikiLinkText "Nenko System".
- Nenko_System wikiPageUsesTemplate Template:Authority_control.
- Nenko_System wikiPageUsesTemplate Template:Business-stub.
- Nenko_System wikiPageUsesTemplate Template:Economy_of_Japan.
- Nenko_System wikiPageUsesTemplate Template:Nihongo.
- Nenko_System wikiPageUsesTemplate Template:Unreferenced.
- Nenko_System subject Category:Human_resource_management.
- Nenko_System subject Category:Japanese_business_terms.
- Nenko_System hypernym System.
- Nenko_System type Redirect.
- Nenko_System type Term.
- Nenko_System type Thing.
- Nenko_System comment "The seniority-wage system (年功序列, Nenkō joretsu) is the Japanese system of promoting an employee in order of his or her proximity to retirement. The advantage of the system is that it allows older employees to achieve a higher salary level before retirement and that it usually brings more experience to the executive ranks.".
- Nenko_System label "Nenko System".
- Nenko_System sameAs Q3081519.
- Nenko_System sameAs Nenkō.
- Nenko_System sameAs Sistem_Nenkō.
- Nenko_System sameAs 年功序列.
- Nenko_System sameAs Sistem_Nenkō.
- Nenko_System sameAs Sistema_Nenko.
- Nenko_System sameAs m.027wqt7.
- Nenko_System sameAs Q3081519.
- Nenko_System sameAs 年功序列.
- Nenko_System wasDerivedFrom Nenko_System?oldid=668417077.
- Nenko_System isPrimaryTopicOf Nenko_System.