A good executive must know his limitations. When I heard of second salary components, restructuring compensation in line with local practice to reduce the weight of pensionable income, and the need to develop good personnel and compensation systems which employees view as legitimate, yet allow the company to pay by performance, I called up the expert.
Mr. Nevins made a turn key operation of it, running an initial seminar in fluent Japanese before all our staff, and then implementing the new program in a meeting with each individual employee. When additional months of bonus were “carved-out”, monthly take home pay was actually drastically reduced – but we pulled it off without a hitch.
Dwight W. Harvie
Nihon Dynatech K.K.