Best Employment Benefits & Executive Compensation Lawyers in Japan

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HIRATSUKA & CO
Chiyoda-ku, Japan

Founded in 1976
50 people in their team
Japanese
English
About UsHiratsuka & Co. is a Tokyo law firm providing a full range of domestic and cross-border Japanese legal services.We are known for our clear and sensible advice, which is supported by our wealth ofexperience, thorough research and commitment to providing the highest standards ofprotection...

Founded in 2009
50 people in their team
Japanese
English
Since registering as a lawyer in 2009, we have received requests from many clients, both individuals and corporations, and have handled a wide range of civil and criminal cases.In particular, in recent years, civil cases involving foreign-related elements (foreign-related domestic relations cases,...
CITY-YUWA PARTNERS
Chiyoda-ku, Japan

Founded in 2003
50 people in their team
Japanese
English
City Yuwa Law Office was established in February 2003 through the merger of Tokyo City Law and Tax Office (legal department) and Yuwa Partners Law Office. At the former Tokyo City Law and Tax Office, he focused on civil dispute resolution such as litigation, real estate matters, and bankruptcy...
MORI HAMADA & MATSUMOTO
Chiyoda-ku, Japan

Founded in 2002
50 people in their team
Mori Hamada & Matsumoto is a full service law firm that has served clients with distinction since its establishment, in December 2002, by the merger of Mori Sogo and Hamada & Matsumoto. Even as business conditions have rapidly shifted both within Japan and internationally, the firmโ€™s goal...
Fushimi Law Offices
Kyoto, Japan

Founded in 2010
50 people in their team
Japanese
English
At Kensei Law Office, we aim to provide the best legal services to our valued clients with the best knowledge and sincerity, rejecting vanity and not being satisfied with average mass-produced work. We are aiming for this.The best knowledge for a business lawyer means, above all, a wealth of...
Kitaakari Law Office
Sapporo, Japan

Founded in 2000
50 people in their team
Japanese
English
With the desire to create an office that is a light of the northern land and where people who come to the office can go home with a bright feeling, we also chose the colors of Kitaakari and Potato. The name comes from our belief that we should approach our work with honesty and sincerity.The...
MORGAN LEWIS & BOCKIUS LLP
Chiyoda-ku, Japan

Founded in 1873
5,000 people in their team
Japanese
English
OUR FIRMAt Morgan Lewis, we work in collaboration around the world-always ready to respond to the needs of our clients and craft powerful solutions for them.From our offices in strategic hubs of commerce, law, and government across North America, Asia, Europe, and the Middle East, we work with...
CLIFFORD CHANCE
Chiyoda-ku, Japan

Founded in 1987
10,000 people in their team
Japanese
English
We are one of the world's largest law firms, with significant depth and range of resources across five continents.As a single, fully integrated, global partnership, we pride ourselves on our approachable, collegial and team-based way of working.  We always strive to exceed the...

Founded in 1967
50 people in their team
Japanese
English
Over five decades ago, while at lunch in a South Florida deli, attorneys Larry J. Hoffman, Mel Greenberg, and Robert Traurig saw an opportunity to establish a new breed of law firm for South Florida; a firm that mirrored a New York style firm. In 1967, they founded the law firm Greenberg Traurig...
Eiwa Law Office
Sapporo, Japan

Founded in 1983
10 people in their team
Japanese
English
Law is the crystallization of humankind's "wisdom." Based in Sapporo, we use our wisdom and years of study to bring about peace.The head attorney, Toshishige Tanaka, has been a lawyer for over 40 years and has handled a wide range of civil, family affairs, and criminal matters.He is particularly...
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About Employment Benefits & Executive Compensation Law in Japan

Employment Benefits & Executive Compensation in Japan focus on the regulations and practices surrounding benefits provided to employees and compensation packages for executives. This includes areas such as pensions, bonuses, health insurance, stock options, and other perks that are part of remuneration packages. The Japanese legal system provides a structured approach to these components, ensuring that both employers and employees meet their obligations and rights under agreements and statutory requirements.

Why You May Need a Lawyer

Understanding Employment Benefits & Executive Compensation law can be complex, especially for businesses operating in Japan or expatriates working in Japanese companies. You might need a lawyer if:

  • You are negotiating an employment contract or severance agreement.
  • Your employer is not providing benefits as stipulated in your contract.
  • Your compensation package includes complex elements like stock options or deferred bonuses.
  • You need guidance on tax implications related to compensation and benefits.
  • Your company is undergoing a merger or acquisition that affects employment terms.

Local Laws Overview

Several local laws in Japan govern employment benefits and executive compensation:

  • Labor Standards Act: Establishes minimum standards like working hours, leave, and mandatory benefits.
  • Employee Pension Insurance Act: Details pension-related commitments and calculations.
  • Health Insurance Act: Specifies mandatory health coverage for employees.
  • Tax Laws: These outline the taxation rules for different types of compensation, including stock options and bonuses.
  • Companies Act: Provides guidelines on setting executive remuneration, including transparency and shareholder approvals.

Frequently Asked Questions

What are common employment benefits provided in Japan?

Typical benefits include transportation allowances, health insurance, pension plans, bonuses, housing allowances, and sometimes stock options.

Are bonuses mandatory in Japan?

While not legally mandatory, bonuses are common practice. If stipulated in the contract, they are enforceable as part of employee remuneration.

How are stock options typically handled in Japan for executives?

Stock options can be a form of incentive, but they must comply with specific regulations under the Japanese Companies Act, including board approvals and equity limits.

What protection do employees have if a company goes bankrupt?

Employees may receive compensation from a state-issued unpaid wages insurance scheme covering certain unpaid wages and retirement allowances.

How does executive compensation relate to corporate governance in Japan?

Executive compensation is closely tied to corporate governance practices, requiring transparency and often needing approval from the board or shareholders.

Can expatriates enforce employment contracts from their home country in Japan?

It depends on the choice of law clause in the contract. Often, Japanese law will apply if the work is performed primarily in Japan.

Do part-time employees receive the same benefits as full-time employees?

Part-time employees might not receive the same benefits; however, employers are encouraged to ensure fair treatment based on work hours and conditions.

How are retirement benefits managed in Japan?

Retirement benefits typically include a combination of public pension plans, company pension plans, and sometimes voluntary private retirement accounts.

What legal recourse does an employee have if benefits are not provided?

Employees can file a complaint with the Labor Standards Inspection Office, and potentially pursue legal action if contract terms are violated.

Are there any limits on executive pay in Japan?

There are no explicit caps on executive pay, but corporate best practices and shareholder expectations influence compensation packages.

Additional Resources

For further information and assistance, consider these resources:

  • Ministry of Health, Labour and Welfare (MHLW)
  • Japan Pension Service (JPS)
  • The Tokyo Stock Exchange for guidelines on executive compensation
  • Local bar associations for lawyer referrals

Next Steps

If you need legal assistance in Employment Benefits & Executive Compensation in Japan, consider the following steps:

  • Consult with a specialized lawyer to understand your rights and obligations.
  • Gather all relevant documentation, including contracts and communication with your employer.
  • Contact governmental bodies such as the MHLW for support and information.
  • Consider reaching out to professional legal associations for specific lawyer recommendations or advice.
Lawzana helps you find the best lawyers and law firms in Japan through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Employment Benefits & Executive Compensation, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Japan - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.