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Japan has raised the minimum hourly wage to above JPY 1,000 (USD 6.86) for the first time, exceeding the level previously recommended by a government advisory panel for this fiscal year.

In other words, it depends on the specifics of each organization’s business, workforce composition, talent practices and market realities.

London: Public Services Productivity Panel, HM Treasury.

Under the act, “substantially similar work” is viewed as a composite of skill, effort and responsibility, and performed under similar working conditions.

“Upper Echelons Research Revisited: Antecedents, Elements, and Consequences of Top Management Team Composition.”

Zimmerman. 2014. “ Prior and Future Withdrawal and Performance: A Meta-Analysis of their Relations in Panel Studies .”

Findings from a Panel Study.”

Here are some of the key numbers from the survey of 303 full-time business professionals via the Schlesinger Group panel online: 85% believe their employer prioritizes DEI a good or great deal in the workplace.;74% feel that their employer is putting the right amount of effort into these initiatives.;64% of employees believe DEI is very or extremely important.;83% agree or strongly agree with the statement “I feel comfortable talking about my background and cultural experiences with my colleagues.;85% either agree or strongly agree that “I feel included and respected at my organization.”; The overwhelming employee agreement with those last two statements is particularly significant.

By attracting and retaining certain types of employees, benefits can have a compositional impact on the workforce through the sorting effect (Shaw 2015).

The composition and weighting of incentives provides an insight into the priorities of the committee that sets the targets, and thus of the priorities and culture of the company since their decisions and delegations are likely to focus on whatever performance target will trigger an incentive payment.