Cybozu will pay employees up to 150,000 yen in inflation subsidies

International Business News  –  Japanese software development company “Cybozu” announced on the 13th that in view of rising global prices, it will issue “special inflation subsidies” to employees. Wages paid to domestic employees this month will increase by up to 150,000 yen (about 7,400 yuan). The move is aimed at alleviating the anxiety caused by rising prices and improving an environment where people can focus on work.

The payment amount depends on the working hours, and there are four levels from 60,000 to 150,000 yen. For example, working 8 hours a day and no more than two days per week is 60,000 yen; more than 4 days per week is 150,000 yen. The company believes it needs to ease employees’ anxiety now, rather than waiting for the annual salary adjustment in January, and decided to pay it as a special subsidy.

“Cybozu” also plans to distribute subsidies in overseas bases such as the United States and China, depending on the location. The distribution target is expected to be about 1,000 people around the world, including Japan.