Firm Sees Growing Recruitment Demand From Banks In Tokyo

Commenting on the broader employment outlook for Japan’s economy, [Christine] Wright [managing director for a recruiting firm in Japan] said the job market appears to be improving, especially in some specific sectors such as sales and marketing, and that “we’re starting to see an increase in wages,” although gains are modest.

In its survey for the salary guide, Hays said that an increasing percentage of client firms in Japan are starting to raise salaries. It said that while 29% of companies said they raised salaries by 3% or more last year, 42% planned an increase of that scope for 2011.