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| Author: | Blinder, A. Krueger, A. |
| Title: | Labor turnover in the USA and Japan: a tale of two countries |
| Journal: | Pacific Economic Review
1996 : JUN, VOL. 1:1, p. 27-58 |
| Index terms: | LABOUR TURNOVER USA JAPAN |
| Language: | eng |
| Abstract: | The labor turnover rate in Japan is less than half the US level. A small-scale survey of companies that operate in both Japan and the USA was conducted to examine reasons for the discrepancy. The main findings are that Japanese human resource policies, including steep seniority-earnings profiles, extensive fringe benefits, participatory management, and a reluctance to recruit experience workers from other firms, contribute to the lower Japanese turnover rate. |
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