Japan's Keidanren Decides to Scrap Corporate Hiring Guidelines

Economy

Tokyo, Oct. 9 (Jiji Press)--The Japan Business Federation, or Keidanren, said Tuesday that it will scrap its guidelines for corporate hiring of college graduates who will join the workforce in spring 2021 or later.

The abolition of the guidelines, which have been in place since 1953, is likely to affect students' academic activities.

The decision by the largest employers' group in the country means that the long-standing yardstick for when students should start their job hunting will disappear, raising concerns that they may end up having to spend a long time seeking jobs during their college lives.

The guidelines call on Keidanren member companies to start explanatory sessions in March for students who will graduate and enter the workforce in the spring the following year, and selection processes including interviews in June, with job offers to be given in October or later.

The government plans to keep the current hiring schedule in place for those who will join the workforce in spring 2021, even after the Keidanren guidelines are abolished, to avoid confusion.

[Copyright The Jiji Press, Ltd.]

Jiji Press