Competing for technology talents with China and the United States | Japanese companies set aside nearly $1 million in annual salary

Japan Makes High Salary for Technology Talents

According to Bloomberg News, April 3, Beijing time, companies in Japan often employ a lifetime employment system, but the compensation provided to employees is not high. But now, Japan has also joined the scramble for global technology engineers and China. , The United States competes for top talent and makes a high salary for it.

The Japanese company StartToday operates a popular online fashion shopping site, Zozotown, which released a new recruitment announcement on Monday, recruiting up to seven 'genius' technical experts, and providing a yearly salary of up to 100 million yen (approximately US$944,000). Today's market value is US$8.4 billion. It is recruiting talents in various fields, from artificial intelligence to cryptography, robotics.

In Japan, this move is unusual. Japanese employees often accept lower pay in exchange for stable employment. Even in the relatively high-paying IT professional market, this high salary is equally rare. According to data from headhunter Robert Walters, The average annual salary of Japan's top software engineers is about 113,000 U.S. dollars, which is far below the U.S. 250,000 U.S. dollars.

'This kind of high salary is unprecedented,' said Tomokazu Betzold, head of recruiting technology employees at Robert Walters Japan. 'For a long time, Japanese companies have left a deep impression on the outside world: Compensation is not competitive. Therefore, this is really a positive development.'

In China, it has become more common for skilled people to earn high salaries. The annual salary of employees of China's largest startup company can exceed US$3 million. In the United States, an engineer of the Google parent company Alphabet’s autonomous driving department can earn more than US$120 million. Some top Wall Street traders still have higher pay.

'As a Silicon Valley developer, you have the opportunity to earn more in Tokyo,' Tomokazu Betzold said, 'but Japan's pay has to be specific to the job.'

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