ABSTRACT

The Japanese competitor considers human resources as his primary asset. Focus is placed not so much on managing as developing it according to its long-term potential. As noted in Part 1, the basis of the employment relationship for the sha-in is not a contractual quid pro quo but a quasi-permanent relationship, where compensation is clearly a long-term proposition. The Rules of Employment explain the salary system in detail, making it clear to all corporate members that employment is a long-term corporate investment. Differentials in individual salaries are justified and accepted only against this system.