Japanese firms pay their employees on the _____ curve,a slowly rising wage scale based largely on seniority that allows for small differentials based on ability and provides a comfortable income fitting various stages.

Question

Quizplus · Accepted Answer

The term described in the question is "nenko," which refers to the Japanese practice of paying employees based on their length of service or seniority. This wage scale is known for its slow and steady rise, with small variations based on performance. Karoshi is a term referring to death by overwork, kaizen refers to a philosophy of continuous improvement, and salaryman refers to a white-collar worker in Japan.

Japanese Firms Pay Their Employees on the _____ Curve,a Slowly