Older Japanese to pay for early retirement

Japanese Communication Holding Dentsu decided to start experimental program Life SHIFT Platform, aimed at stimulating older staff to retirement. It is reported by the newspaper Mainichi.

All those who dismiss from the company, over 40, are invited to start their small business and conclude a subcontracting contract for work for the subsidiary of the New Horizon Collective (NH) holding company. At the same time, DENTSU for 10 years will pay them a fixed income, while ex-employees implement their projects. On average, payments will be about 50-60 percent of the previous salary.

As the author of the initiative and the NH President Yuji Yamaguchi, Japan entered the era of a 100-year-long life expectancy. At the same time, he saw people who in these changed times did not find themselves a truly suitable place, and which could not work in full force. ” In this regard, he thought about how his fellow citizens aged 60-70 years could most use their strengths, not being at the same time limited age framework or framework of the company. In addition, such a program allows the company to save money because, retirement ahead of time, employees refuse to obtain a full salary.

In the fall of 2018, it was reported that Japanese workers would provide the opportunity to postpone retirement from 65 to 70 years.

/Media reports.