Japanese companies are stealing talented Gen Z out of college, paying off their student debt, and subsidizing their housing

By Free Republic | Created at 2025-01-10 15:57:40 | Updated at 2025-01-10 20:14:12 4 hours ago

Japanese companies are stealing talented Gen Z out of college, paying off their student debt, and subsidizing their housing
Fortune ^ | January 7, 2025 | Emma Burleigh

Posted on 01/10/2025 7:49:06 AM PST by anthropocene_x

For many Gen Zers, paying off student loans and affording decent housing may seem like a pipe dream. But this may be a distant problem for young Japanese talent emerging from universities heading into the workforce.

40% of Japanese pupils graduating in March this year have already had at least one job offer a full year before they’re set to wrap up school. That’s the highest percentage since 2016.

With an aging population and low birth rates, there simply aren’t enough skilled young workers to go around, so firms are resorting to recruiting students before they’ve left college—and it’s creating a double-whammy win for entry-level workers.

Japan’s aging workforce is bad for business, a win for talent

Now, Japanese businesses are turning to subsidized housing, student loan perks, and more to woo workers. Trading house Itochu has invested in a new housing facility for its male workers, just a half-hour train ride from the company’s Tokyo office. The accommodations provide breakfast and weekday dinners to employees, alongside other perks including a bar, café, and sauna. Itochu will also open a facility for its female workers in 2025.

Other employee benefits are also rising in popularity. Japan’s employers are increasingly luring in college graduates with student loan reimbursement.

Another alluring perk has come to one of Japan’s largest employers, following the popularity of this benefit at German and U.K. businesses: The Tokyo Metropolitan Government, will allow a four-day workweek starting April this year.

(Excerpt) Read more at finance.yahoo.com ...

TOPICS: Japan
KEYWORDS: genz; japan; labor

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To: anthropocene_x

Amazing the benefits for native workers when their government refuses to bring in cheap foreign labor.

If only Americans had a government that respected them and their culture like Japan does theirs.

2 posted on 01/10/2025 7:53:45 AM PST by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )

To: pierrem15

Amazing the benefits when you have a school system that spends more time teaching and less time indoctrinating.

3 posted on 01/10/2025 7:55:09 AM PST by Retrofitted

To: anthropocene_x

Good, we need some more good electronics and cars from Japan to replace the Chin-Junk we’re currently being inundated with.

4 posted on 01/10/2025 7:56:38 AM PST by Da Coyote

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