Benefits, discounts and freebies can increase compensation without triggering a big tax

Shadow raises pitched as option for cash-strapped Japanese companies
Shigeru Aizawa, head of employee benefits in the empowerment division at Tokyo-based Freee
| Kazuaki Nagata
Threads
Email
Print
Bookmark story
Copy link
Smaller Japanese companies struggling to keep up with demands for more money from employees who are themselves struggling to make ends meet, might have a way to pay more without paying too much.By using various types of non-salary compensation, they can give shadow raises while avoiding some of the costs that normally accompany simple salary increases.

“An increasing number of companies come to us with a clear objective: that they want to use employee benefits to increase disposable income as an alternative to direct pay hikes,” said Shigeru Aizawa, head of employee benefits in the empowerment division at Tokyo-based Freee.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.By subscribing, you can help us get the story right.

SUBSCRIBE NOW
With your current subscription plan you can comment on stories
However, before writing your first comment, please create a display name
in the Profile section of your subscriber account page.

Your subscription plan doesn't allow commenting
What to know about Japan’s new traffic rules for cyclists
The West should learn from Japan how to stand up to China
Japan calls GSDF officer’s break-in at Chinese Embassy ‘deeply regrettable’
Cabinet Office and Tokyo government prepare for Mount Fuji eruption risk
Japan’s change of China’s description is not a 'significant shift'
Tokyo earns seven spots on Asia’s 50 Best Restaurants list
Spring reawakens concerns over bear encounters in Japan
What you need to know about Japan’s new joint custody system
Beijing row highlights need for Japan to reduce cleantech dependence on China
Kabukicho: Tokyo’s ‘stadium of desire’
The human-made roots of Japan's hay fever crisis
Inaka no Taiho: Chinese restaurant offers experience of ‘receiving life’
Sponsored contents planned and edited by JT Media Enterprise Division.

Japan's tally of specified skilled workers hits record 390,296
5 hours ago
Japan's Ispace delays NASA-sponsored moon landing to 2030
5 hours ago
MSDF destroyer becomes Japan’s first ship capable of firing Tomahawk missiles
6 hours ago
Welcome to 'New Russia': How the Kremlin is remaking occupied Ukraine
6 hours ago
Tokyo reenters Global Financial Centres Index’s top 10
7 hours ago