2024 Volume 20 Pages 1-16
This study identifies the effects of long-term employment, which characterises Japanese-management style, on conducting career training for middle-aged and older people, and approval of side business by the company. First, environmental changes surrounding the employment of the aforementioned people in Japan were explained. An empirical analysis was then conducted using cross-sectional data of 813 Japanese corporations in 2021. Logit regression was employed with whether the firm executes career training for middle-aged and older people, or allow employees to work side jobs as dependent variables, the average employment period of the firm as independent variable, and degree of seniority system, company size, profitability, corporate governance, and business type of the company as control variables. The result revealed significant and positive correlations between the average employment period of the firm and conducting career training for middle-aged and older people, and significant and negative correlations between the average employment period of the firm and approval of side jobs. Analytical results indicated that companies’ response to employment of older people differs between companies with strong characteristics of Japanese-style management and those with fewer such characteristics, specifically depending on the length of average service of employees.
