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$20,000 annual pay: Japan's weak yen drives away Asian talent (asia.nikkei.com)

submitted 5 months ago by [email protected] to c/[email protected]

8 comments fedilink hide all child comments

Takeshi Fukumoto, from Nara prefecture, obtained a working holiday visa in November and moved to Toronto, where he works at a restaurant kitchen.

He makes 22 Canadian dollars ($16) an hour and averages 40 hours a week. "Despite my short hours, I earn a lot," he said. "Including tips, my monthly income is over 400,000 yen."

He said he keeps living costs down by cooking for himself and has saved more than 1 million yen.

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[–] [email protected] 13 points 5 months ago

I once looked at a job listing for something with very specialist technical knowledge in specific programming areas, for a Japanese company based in Tokyo (pre-covid so remote wasn't really a thing yet). Pretty niche stuff and needed at least basic Japanese language skills too, so I assumed it would pay ok - even if it wasn't good or great in comparison with jobs where i was.

After conversion it worked out to be around USD$40k a year, which is probably just over 1/3 of what it would pay at minimum elsewhere. More like 1/4 or less for Silicon Valley type locations, but the rent for a tiny Tokyo shoebox is about the same price even if food is a cheaper. There was no way I was applying for that.

It isn't just about a weak yen, it's much more about hugely underpaying people.