HITACHI LTD. TO SCRAP ITS REMNANT SENIORITY-BASED PAY NORM

Highlights –

• Hitachi Ltd. to scrap its remnant seniority-based pay norm.
• The company needs to align pay at home with overseas operations.
• Currently, Hitachi is focused on infrastructure and related digital services.
• Hitachi is now said to have partially adopted merit pay for some employees.

Japanese company Hitachi Ltd. is moving forward to scrap its r....