Japan
Country Details
Currency
Japanese Yen (JPY)
Official language
Japanese
Capital
Tokyo
Is English spoken?
No
Time Zone
GMT +9:00
Salary payment frequency
Monthly
General Overview & Economic Facts
Information
1. The main exports from Japan are cars, vehicle parts, integrated circuits and passenger and cargo ships.
2. 9.47% of the population is between the ages of 15 and 24 years, with 36.8% of the population being between the ages of 25 and 54. Japan has a fairly mature population. The general population therefore possess more work experience and skills, making it a great country to hire experts.
Population size
12,56,20,000
GDP
$4,410B
Inflation level
2.60%
Average earning + minimum wage
Average earning - JPY 4.14 million per year
minimum wage - JPY 930.00 per hour
Overview of the labour law
Employment law in Japan is governed by statutory regulations found in various laws.
These laws include the Japanese Civil Code and the Labour Standards Act.
The Japanese Constitution also provides labour guidelines and regulations.
The employment regulations protect employees from discrimination based on religion, race, sexual orientation and age.
Japanese employment law provides strong labor conditions and protections for employees.
Employment Details
Number of Public Holidays
16
Working Hours
Maximum of 8 hours per day and 40 hours per week Minimum meal interval of 45 minutes after 6 hours of work and 1 hours if more than 8 hours are worked Typical working hours are 09h00 to 18h00 Monday to Friday
Benefits
- Health Insurance
- Vision Insurance
- Dental Insurance
- Pension or 401(K)
- Mental Health Support
- Life and Disability Insurance
Overtime
Employees may work a maximum of 15 overtime hours per week
Notice Period
30 days notice
Probation Period
There is no statutory probation periodIt is common to have probation period of 3 to 6 months. A probation period should not exceed 12 months
Severance Pay
There is no statutory obligation to provide severance pay
Employee Income tax
Income bracket per annum
0 - 1,949,999.00 5.00%
1,950,000.00 - 3,299,999.00 10.00%
3,300,000.00 - 6,949,999.00 20.00%
6,950,000.00 - 8,999,999.00 23.00%
9,000,000.00 - 17,999,999.00 33.00%
18,000,000.00 - 39,999,999.00 40.00%
40,000,000.00 or more 45.00%
Employer Social cost
9.15%- Pension contribution
4.935%- Health Insurance Contribution (or 5.83% if 40 years or older)
0.6%- Unemployment insurance
0.25% - 8.8%- Work injury
0.36% - Family allowance
Employee Social cost
9.15%- Pension contribution
4.935%- Health insurance contribution
0.3%- Unemployment insurance
Benefit packages