Japan pushes businesses to postpone mandatory retirement ages amid declining workforce
Japan’s government is continuing to encourage businesses to keep older workers employed for longer as the nation attempts to combat a declining workforce caused by an ageing population and falling birth rate.
Last month, the Ministry of Health, Labour and Welfare revealed that only one-in-four employers were heeding the government’s advice to allow older employees to continue working until the age of 70.
Under the terms of the Law on Stabilisation of Employment of Elderly Persons, Japanese companies must ensure the employment of workers up to 65 years old.
Continue reading International Employment Lawyer
Already have access? Login now
Need access? Find out how to enjoy unlimited access