While the lifetime employment system helps ever-fewer workers, it continues to hobble Japanese business.
While the lifetime employment system benefits ever-fewer workers, it continues to hobble Japanese business.
Seniority promotion, the lifetime employment system and the dead hand of Japanese corporate bureaucracy are all anathema to the free-wheeling stock-option culture that attracts Chinese businessmen these days.
Yet when he started Pasona 25 years ago, his prospects were hardly promising: The lifetime employment system was firmly entrenched and job movements were subject to government restrictions.
Many argue that the ranks of the poor are growing in Japan because of the insufficient pension coverage for the poor elderly and the erosion of the lifetime employment system that in the past ensured job security and solid pay.
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To ensure that the protection lasts for the lifetime of the equipment, system maintenance and testing should be performed regularly.
Sure, there will be loans which are paid back over a lifetime of work (the system is more generous than the US equivalent in some ways, not in others) but students take on the debt themselves and pay the fees.
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In spite of it all, Loker is quick to point out her many blessings: Being able to share a home with her family, having a job she loves, having good friends and a good health care system to help with the cost of a lifetime of surgeries.
In a speech earlier this week, Sir James Munby, President of the High Court's Family Division, said the family justice system was "undergoing the most radical reforms in a lifetime".
That is the tragedy at the heart of our health care system -- The devastation when one stroke of bad luck undoes a lifetime of hard work.
And to ensure that protection lasts over the lifetime of the equipment, maintenance and testing should be performed on a system regularly.
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