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Work and Pay in the United States and Japan (Hardcover, New)
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Work and Pay in the United States and Japan (Hardcover, New)
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In Work and Pay in the United States and Japan, authors Clair
Brown, Yoshifumi Nakata, Michael Reich, and Lloyd Ulman provide an
integrated and detailed analysis of the components of firm human
resources systems in the US and Japan. Drawing on data obtained
from fieldwork in comparable establishments in these two countries,
as well as from national sources, this work examines the
relationship between company practices and national economic
institutions.
The authors address a number of key questions about
employer-employee relations. How have major Japanese manufacturing
companies been able to convert the assurance of "lifetime"
employment security into a source of superior employee efficiency
and adaptability, when job and income security have been feared as
a source of "shirking" and wage inflation in the US? How have
higher economic and real wage growth rates been associated with
greater equality in earned income distribution in Japan, when the
incentive role of income inequality to worker effort and savings
has been stressed in the US? How could Japanese emphasis on
employment security in the firm be reconciled with greater price
stability and lower unemployment than in the US? This work analyzes
elements such as employee training and involvement programs, wage
behavior as an incentive system and an alternate channel of
savings, and synchronous wage determination (shunto) at work in the
Japanese economy that provide for such successes.
The book also explores the costs that have been associated with
these Japanese accomplishments, as well as who must bear them. In
particular, it examines how Japanese women compare less favorably
with American women in terms of opportunities for work, pay, and
promotion; the higher hours of working time for men in Japan than
in the US; and the constraints on mobility for Japanese workers. It
also poses the question of whether Japanese unions are weaker than
their American counterparts, or just more sensible and far-sighted.
Finally, this \ork examines the outlook for these distinctive
Japanese institutions and practices in a period of slower growth
and economic "maturity."
Based on a research project carried out in both countries, the
book concludes with the lessons that each country can learn much
from the employment practices of the other. Work and Pay in the
United States and Japan will be essential reading for students,
professors, and all professionals involved with employment systems
and employer-employee relations.
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