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Japanese Fashion chain UNIQLO introduces Worldwide Equal Pay System for all stores

Rogue Trader

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Japanese Fashion Chain UNIQLO Introduces Worldwide Equal Pay System Across Its Stores
<abbr class="published" title="2013-04-25T03:00:02+09:00" style="border: 0px;">
16 hours ago</abbr> by Andrew Miller

uniqlo.jpg


Tadashi Yanai, chairman and director of Fast Retailing and the main force behind the expansion of Japanese clothes retailer UNIQLO, has recently made public his intentions to introduce a worldwide universal wage system for shop managers and high ranking employees. This would effectively mean that regardless of the country in which a worker is employed, while working for UNIQLO they would receive the same amount of pay. Yanai believes that regardless of a country’s political and social circumstances, an equal amount of work deserves an equal wage.

The universal wage system is something that has already been introduced among UNIQLO’s higher ranked employees, however this time it is also expected to extend to shop managers. As businesses look more and more to penetrate the international market, the idea of a universal wage system is something that is seen as a natural course of progression.


The introduction of these new policies will mean Japanese and foreign employees will be working under the same conditions and therefore subject to the same systems of evaluation with regard to their performance and attitudes towards work. It is believed that with everyone being on an equal footing, worldwide competition will also heat up. On the other hand, if the new pay system takes root it could mean a decrease in Japan’s comparatively high pay rates.


Source: Asahi Shimbun Digital via Itai News (Japanese)
 

cunnilaubu

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Re: Japanese Fashion chain UNIQLO introduces Worldwide Equal Pay System for all store

What is the benchmark? Pinoyland or her majesty's courtyard?
 

geylangchickenloyangduck

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Re: Japanese Fashion chain UNIQLO introduces Worldwide Equal Pay System for all store

nah beh...isn't this type of minimum wage? Lim Swee Say will have a say about this...
 

mojito

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Re: Japanese Fashion chain UNIQLO introduces Worldwide Equal Pay System for all store

Sounds like a bad thing for the company's native japanese shop managers.
 

jw5

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Re: Japanese Fashion chain UNIQLO introduces Worldwide Equal Pay System for all store

nah beh...isn't this type of minimum wage? Lim Swee Say will have a say about this...

What is he gonna say?
"We must have fair wages for all workers."?
Talk about stating the obvious and making motherhood statements, seeeshhhhh......... :rolleyes:
 

PUNISHER

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Re: Japanese Fashion chain UNIQLO introduces Worldwide Equal Pay System for all store

Unrealistic move by Japanese company ! The cost of Running biz in different country are different .
 

eatshitndie

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Re: Japanese Fashion chain UNIQLO introduces Worldwide Equal Pay System for all store

Unrealistic move by Japanese company ! The cost of Running biz in different country are different .

uniqlo target-market all the global top end expensive cities, so the numeration fairplay for store managers at the worldwide level is not that big of a deal. it will benefit managers in countries or territories with undervalued currencies or favorable exchange rates, such as hk and the u.s. for now. comparing hk and sf for example, a hk manager makes the same amount but has more purchasing power for living expenses due to the "weak" hk dollar and lower taxes while an sf manager pays more tax and faces inflation in living expenses. the rent in hk for a reasonably comfortable apartment is higher than an equivalent in sf, although rent in sf is creeping up fast. net net, it's quite even just comparing 2 cities. the same be analyzed to death between london and tokyo, and the net result would be about the same. japanese management analyses numbers to paralysis before making a substantive decision. i would give them the benefit of doubt. :smile:
 

PUNISHER

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Re: Japanese Fashion chain UNIQLO introduces Worldwide Equal Pay System for all store

uniqlo target-market all the global top end expensive cities, so the numeration fairplay for store managers at the worldwide level is not that big of a deal. it will benefit managers in countries or territories with undervalued currencies or favorable exchange rates, such as hk and the u.s. for now. comparing hk and sf for example, a hk manager makes the same amount but has more purchasing power for living expenses due to the "weak" hk dollar and lower taxes while an sf manager pays more tax and faces inflation in living expenses. the rent in hk for a reasonably comfortable apartment is higher than an equivalent in sf, although rent in sf is creeping up fast. net net, it's quite even just comparing 2 cities. the same be analyzed to death between london and tokyo, and the net result would be about the same. japanese management analyses numbers to paralysis before making a substantive decision. i would give them the benefit of doubt. :smile:

Uniqlo do not just target top end cities . Thai , Philippines , Malaysia are already on their list . But your post do make some level of sense , no doubt about that . Thankyou
 

eatshitndie

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Re: Japanese Fashion chain UNIQLO introduces Worldwide Equal Pay System for all store

Uniqlo do not just target top end cities . Thai , Philippines , Malaysia are already on their list . But your post do make some level of sense , no doubt about that . Thankyou

if that is the case, it would be better for a store manager to be assigned to bangkok and kl as he or she will benefit from lower living expenses and rent compared to peers in london and tokyo. that's the time or duration when they need to save and invest that additional savings wisely. it's not new. it applies to expats working overseas for many u.s. corporations. u.s. companies factor in allowances, per diem and or cost of living adjustments, which can easily bloat monetary benefits of expats. for non-expats, i.e. if uniqlo hires locals to be store managers in developing countries, the benefits of globally fair renumeration to these locals are tremendous.
 

PUNISHER

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Re: Japanese Fashion chain UNIQLO introduces Worldwide Equal Pay System for all store

if that is the case, it would be better for a store manager to be assigned to bangkok and kl as he or she will benefit from lower living expenses and rent compared to peers in london and tokyo. that's the time or duration when they need to save and invest that additional savings wisely. it's not new. it applies to expats working overseas for many u.s. corporations. u.s. companies factor in allowances, per diem and or cost of living adjustments, which can easily bloat monetary benefits of expats. for non-expats, i.e. if uniqlo hires locals to be store managers in developing countries, the benefits of globally fair renumeration to these locals are tremendous.

But will the Thais or Malaysian complain that their company only hire their own ppl for management level :wink: ? I know there's a Japanese salon in Singapore which hired only japanese even the shampoo girls are Japanese ,salary for shampoo girl is sin3.5k in that salon .
 
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eatshitndie

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Re: Japanese Fashion chain UNIQLO introduces Worldwide Equal Pay System for all store

But will the Thais or Malaysian complain that their company only hire their own ppl for management level :wink: ? I know there's a Japanese salon in Singapore which hired only japanese even the shampoo girls are Japanese ,salary for shampoo girl is sin3.5k in that salon .

sinkies kpkb a lot. that we know. :biggrin:
 

PUNISHER

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Re: Japanese Fashion chain UNIQLO introduces Worldwide Equal Pay System for all store

It's a well known facts that if Singaporean can't get what they wanted they will accuse others for treating them unfair . :wink:
 
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