Sony Scraps Japanese-style Egalitarian Salaries in Battle For AI Expertise

Sony will increase salaries by up to 20% for new recruits with high-tech skills in fields such as artificial intelligence, moving away from the traditional Japanese emphasis on seniority to better compete in a battle for talent that crosses industries and international borders. From a report: Traditionally, new graduates hired by Sony all receive the same entry-level salary, then are assigned a pay grade after more than a year based on their role. Starting this year, grades can be set for standout hires in as little as three months, resulting in annual salaries as much as 20% higher than colleagues’. Japanese companies have a deep-rooted tendency to pay new employees equally regardless of individual qualifications. But global competition for top talent — particularly in the tech industry, where big American players like Google and Apple dominate — has made it increasingly important to offer new graduates compensation in line with their abilities from the time they enter the company.