1. Women at work What we see: Diversity programs driven from HQ
“Not a hobby...an absolute business imperative.” Samir Pandiri, Executive Vice President and CEO, Asset Servicing
Diversity programs driven from HQ
Fee campaigns: higher recruitment fees for introducing female candidates.
Stigma still exists surrounding men taking paternity leave?

2. Women at work

3. Reducing working hours - Flexible work environments
100,000 people are quitting their jobs to look after a family member
Traditional Japanese work environments
Global overtime statistics (2014):
2012
Ratio of workers who work more than 49 hours per week
Japan
21% US
17% UK
12%
More than 60 hours per week:
7.7%
40.6% of “young workers” main reason for changing jobs was working hours and lack of vacation
2013

4. Reducing working hours - Flexible work environments
What are they doing about it?
Improve relationships between superiors & coworkers
Introduce work from home measures
Loosening employment laws and rules
Reducing Overtime:
Guidelines
Encourage entrepreneurial
spirit

5. Reducing working hours - Flexible work environments
What do we see?
Within SThree’s client base:
32%
Pharmaceutical clients offer flextime
Flextime and work from home conditions are improving:
Strongest in start-ups and technology based companies
Not so much change in “traditional industries”: Sales people in industries such as pharmaceuticals, Finance professionals.
Some exceptions: Regulatory Affairs in Pharmacuetical
50%
Financial services clients offer flextime
60%
Technology clients offer flextime

6. Increasing permanent employment & equal treatment of all workers
2.96
Million
15.6%
Unwilling contract workers
Contract workers are often treated as second class workers and do not receive the same benefits bonuses and pay as their permanent counter parts:
Lack of allowances
Little or no chance of career advancement
Easily get terminated
Lack of training opportunities
Can be paid less to do the same work as their permanent counter parts - Due to the “margin” staffing companies take.

7. Increasing permanent employment & equal treatment of all workers
What are they doing about it?
Focus on increasing the number of permanent workers. Governmental support to allow companies to do this.
Driven by the Ministry of Health, Labour and Welfare:
同一労働同一賃金. Equal pay for Equal work guidelines.
Contracts Five years or longer converted to 無期転換・ Indefinite Conversion
Government aims to reduce the percentage of unwilling non-regular employees down to 10% by 2020

8. Increasing permanent employment & equal treatment of all workers
What are we experiencing?
5yr
Conversion
rule
Clients are coming to us asking to provide a solution, They don’t know what to do
The government tightening requirements of staffing companies; Training, reporting and compliance.
Many major corporations are converting people to permanent employees on mass
It seems to be working – 2015 the number of Fulltime workers stopped falling

9. Personal Conclusions But… 2020 targets appear far too ambitious
we are trying to change some deeply entrenched behaviours
2020 targets appear far too ambitious
Industry Cooperation issues? Data issues?
Do they want to change?
Framework is in place

10. Q & A
Thank You
Sources: