Companies are Recommended to Share More Profits

A government white paper released by the Mnistry of Health, Labor and Welfare is recommending that companies in Japan share more profits with their workers.

Companies presently are more likely to spend their profits as dividends to shareholders or save for future investments and expansion.

Sharing with employees will allow workers to spend more time on domestic affairs and allow women to continue working.

A third consideration is that productivity has improved since 2000 but wages have not changed.

The unions have been saying the same thing…we want

more ….at no risk to us. 

Though I think employees should be paid a fair wage, I don't think there is any obligation for a company to give them more just because a company makes more. The employee doesn't risk his/her investment as do shareholders. The employee doesn't worry about making payroll, or future growth. Many employees are happy to go to work and then leave work at work when they go home.

Why should they be given more just because profits are up?

Increased productivity? Because Japan is able to squeeze more out of robots and such.

What do you think?