Japan at the end of global top when it comes to hiring women

8 years ago by in Business, Japan

The recently released Gender Gap Report by the Swiss-based nonprofit World Econo­mic Forum shows that Japan ranked the 105th position out of a total of 136 when it comes to hiring women. The country plunged 25 places from its ranking when the report was inaugurated in 2006.

South Korea is doing even worse, coming in at 111 in 2013, down from 92nd place in 2006.

The lack of women employment together with a wide gender-based wage gap, marginalization in the workforce, fast-aging population and low fertility seem to be a problem for both countries, the media comments.

By refusing to integrate women in the workforce, both countries tend to aggravate their fiscal problems by depressing tax revenues, pension and medical-insurance contributions and limiting economic growth.

In Japan, women’s estimated income is only 57 percent that of men, while men’s wages are 38 percent higher than women’s for similar work.

Low fertility rates are as well clear signs of the cost of penalizing women: 1.41 in Japan and 1.3 in Korea. Women in Japan are entitled to 14 weeks of maternity leave at 30 percent of pay.

Managers who come from abroad and who operate companies in Japan say they massively hire Japanese women due to their better critical thinking, intercultural and language skills than male counterparts.