Tokyo Bay Traders today announced it would pay eligible Japanese staff a minimum 4% salary increase from July 2012. Staff will continue to have access to additional performance pay of between 2% and 7%.
Online PR News – 07-October-2011 – – Tokyo, Japan, October 06, 2011 -- Tokyo Bay Traders today announced it would pay eligible Japanese staff a minimum 4% salary increase from July 2012. Staff will continue to have access to additional performance pay of between 2% and 7%.
Tokyo Bay Traders has also introduced a range of other initiatives for staff in recent years including:
• the ability for all staff to salary sacrifice for pension/annuity schemes.
• providing staff with heavily subsidised PCs for home use.
• flexible leave options including parental leave, opportunities for career breaks and pro-rata
access to long service leave for eligible staff.
• paid volunteering leave to support staff involved in community work.
Tokyo Bay Traders Head of Human Resources Ms Chinatsu Koda said the pay increase was fair in a more subdued operating environment.
“The 2012 salary increase is above inflation and takes into account competitor and market pay rates, and the company’s position as a leading employer,” said Ms Koda.
“We are delivering on our promise to pay a fair and competitive salary increase to our people. Staff can expect a further pay increase in July 2013.
“We are building a strong relationship with our people and it is pleasing that since July 2010 staff satisfaction has risen from 58% to 78% in February 2011,” she said.
The increase follows the 4% increases paid to staff in 20110 and 2011. Tokyo Bay Traders staff will continue to work under their terms and conditions of their contract agreements.
Eligible staff will receive the 4% increase effective 11 July 2012.
About Tokyo Bay Traders.
Tokyo Bay Traders is a financial services company focused on helping clients manage and service their financial ambitions, providing fast, reliable advice and execution on over 50 markets. Tokyo Bay Traders offers investment management and investment services through a fully trained, client focused team.For more information please visit www.tokyobaytraders.com.
Tokyo Bay Traders
105-0022, Tokyo, Japan