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Follow on Google News | ![]() Ashford Financial Group Announces Minimum 4% Salary IncreaseAshford Financial Group (TOKYO), independent investment management firm based in Tokyo, today announced it would pay eligible Japanese staff a min 4% salary increase from July 2012. Staff will continue to have access to additional performance pay.
By: Akina Takahashi • the ability for all staff to salary sacrifice for pension/annuity schemes. • providing staff with heavily subsidized PCs for home use. • flexible leave options including parental leave, opportunities for career breaks and pro-rata access to long service leave for eligible staff. • paid volunteering leave to support staff involved in community work. Ashford Financial Group Head of Human Resources Ms. Hachi Saga said the pay increase was fair in a more subdued operating environment. “The 2012 salary increase is above inflation and takes into account competitor and market pay rates, and the company’s position as a leading employer,” said Ms. Hachi Saga. “We are delivering on our promise to pay a fair and competitive salary increase to our people. Staff can expect a further pay increase in July 2013. “We are building a strong relationship with our people and it is pleasing that since July 2010 staff satisfaction has risen from 58% to 78% in February 2011,” she said. The increase follows the 4% increases paid to staff in 20110 and 2011. Ashford Financial Group’s staff will continue to work under their terms and conditions of their contract agreements. Eligible staff will receive the 4% increase effective 11 July 2012. About Ashford Financial Group. (AFG) Ashford Financial Group is an independent investment management firm based in Tokyo. Since we were founded in 1994, Ashford Financial Group has focused on providing our Institutional and Retail Clients with specialist investment research and advisory services directed by our innovative investment strategies and undertaken by our immensely talented and experienced team. # # # Ashford Financial Group is an independent investment management firm based in Tokyo founded in 1994. Ashford Financial Group has focused on providing our Institutional and Retail Clients with specialist investment research and advisory services. End
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