Title: The Impact Of Human Resource Management Model In Japanese: A Balance Between Tradition And Change
Authors: Ebiasuode Awu, Ph.D, Blessing Darius, Ph.D, , Dumo Hutchinson Samuel, Ph.D,
Volume: 9
Issue: 2
Pages: 111-118
Publication Date: 2025/02/28
Abstract:
The study examines the impact of the human resource management model in Japanese: a balance between tradition and change. The role of human resource management (HRM) in Japan, highlighting its significance in the nation's economic growth and development. The Japanese HRM model is characterized by three pillars: lifetime employment, seniority plus merit pay, and enterprise unions. While these practices have contributed to the country's success, they also have limitations, such as high labor costs, limited career opportunities, and resistance to performance-based wage systems. The study examines the impact of globalization, demographic changes, and economic downturns on the Japanese HRM model, leading to a shift towards more flexible and performance-based approaches. The adoption of Western-style HRM practices, such as performance-based wage systems and individual performance evaluations, is becoming increasingly prevalent in Japan. The study concludes that the country is seeking a balance between maintaining traditional HRM practices and embracing change to remain competitive in a rapidly changing global market.