Setsuyaku Era

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Abstract

The sarariiman as the self-sacrificing organization man was an inspiration to Japanese males in the past. However, today’s young workers appear to value a more meaningful work life and development of occupational ability than what the sarariiman’s life offered. Because of the competitive nature of the global economy, changes in remuneration systems and career progression based on performance rather than seniority has been gradually introduced in some Japanese organizations. The shift to pay for performance over seniority is still in the process of making its way into other organizations. Japan’s household saving rates declined in recent years and turned negative by 2013, while consumers transformed from conspicuous consumers during the bubble period to become more frugal in their spending.

Keywords

Work–life balance Karoshi Self-development Household savings Setsuyaku Homeless 
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Copyright information

© Springer Nature Singapore Pte Ltd. 2017

Authors and Affiliations

  1. 1.School of Business and Public AdministrationUniversity of GuamMangilaoGuam

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