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JAPAN'S KOMATSU TO SCRAP SENIORITY-BASED MANAGEMENT SYSTEM.
TOKYO, April 1 Asia Pulse - Komatsu Ltd. (TSE:6301) will on Tuesday abolish its seniority-based promotion program for managers and introduce a system that rewards them based on job site responsibilities and performance.
The new system will cover around 1,000 managerial workers from deputy section managers up. It will divide into seven classifications management positions that until now ...
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Source: HighBeam Research, JAPAN'S KOMATSU TO SCRAP SENIORITY-BASED MANAGEMENT SYSTEM.