Mitsubishi Motors Corp. extends its performance-based wage system to include all salaried workers, when the fiscal year begins April 1. The performance-based system was introduced for managerial ranks a year ago, doing away with the seniority-based wage structure that is the norm within the Japanese auto industry. The new system also includes performance-based evaluations and targets. Mitsubishi says wages within single salary bands will differ up to 10% based on employee performance. ...
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