Many companies in Japan are suffering from, and will continue to experience, a severe talent shortage in 2024. So, it is more crucial than ever for companies to focus on ways to both attract and prevent turnover of top talent.
Our Salary Survey this year found that professionals expect employers to offer more than just a salary; they expect them to commit to improving work-life balance, including flexible working styles, and to offer a fuller range of benefits to their employees.
In order to respond to changing labour market demands amidst this talent shortage, companies will need to be sensitive to the demand for professionals and increase awareness of their in-office systems, and how to use them effectively.
Professionals will also need to focus on reskilling themselves for better opportunities and optimise productivity; leverage the use of generative AI at work, rather than shying away from it, is one way to help employees shortcut menial tasks. Companies also need to recognise this need and create more ways of supporting employees as they reskill.