TY - JOUR
T1 - Labor turnover in the USA and Japan
T2 - A tale of two countries
AU - Blinder, Alan S.
AU - Krueger, Alan B.
PY - 1996
Y1 - 1996
N2 - The labor turnover rate in Japan is less than half the US level. A small-scale survey of companies that operate in both Japan and the USA was conducted to examine reasons for the discrepancy. The main findings are that Japanese human resource policies, including steep seniority-earnings profiles, extensive fringe benefits, participatory management, and a reluctance to recruit experienced workers from other firms, contribute to the lower Japanese turnover rate. Additionally, workers of Japanese descent in the USA have a somewhat lower labor turnover rate than other Americans, suggesting some role for cultural differences.
AB - The labor turnover rate in Japan is less than half the US level. A small-scale survey of companies that operate in both Japan and the USA was conducted to examine reasons for the discrepancy. The main findings are that Japanese human resource policies, including steep seniority-earnings profiles, extensive fringe benefits, participatory management, and a reluctance to recruit experienced workers from other firms, contribute to the lower Japanese turnover rate. Additionally, workers of Japanese descent in the USA have a somewhat lower labor turnover rate than other Americans, suggesting some role for cultural differences.
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U2 - 10.1111/j.1468-0106.1996.tb00173.x
DO - 10.1111/j.1468-0106.1996.tb00173.x
M3 - Article
AN - SCOPUS:0001937832
SN - 1361-374X
VL - 1
SP - 27
EP - 57
JO - Pacific Economic Review
JF - Pacific Economic Review
IS - 1
ER -