Job Security

Japanese companies tend to offer far greater job security to their employees than American companies do. This helps explain the varying degrees of loyalty employees feel in return. Japanese managers are mostly looked after very well by their firm. Companies will do their best to ensure their employees do not lose their jobs in times of economic trouble or decline. As part of the two-way relationship they have with their companies, Japanese managers expect their firms to look after them at all times, regardless of the crisis. On the other hand, American managers are more likely to be let go if their companies run into financial difficulties. As a result, American managers are more self-sufficient and wary because they expect to have to look after themselves. They make the most of the skills they have acquired to ensure they can go on to further employment if they lose their jobs.

Training

Japanese managers tend to find that during times of economic slowdown, not only do they retain their jobs, but they also get put on training programs. The company thinking behind this practice is to prepare its managers for an economic upturn that is likely to follow the downturn. Conversely, cutting back on training budgets is one of the first things to happen during times of financial downturn for American companies. Not only will American firms slash training for their managers, but they will also lay off workers, making the situation even more precarious for American employees.