None of this means that adjusting to an ageing workforce will be easy. Companies will need to rethink the traditional career ladder that linked seniority to pay and power.
Can't they afford to pay the staff decent wages. M: But we have a policy of paying according to seniority in the company, so new employees get quite low salary, no matter how excellent they have done.
M:但我们公司的体制是按照员工在公司的资历发工资的,所以不管干得怎样出色,新员工的工资都比较低。
3
At South Korean companies, many employers pay workers based on seniority rather than merit to avoid controversies over fairness.