A small tech company in Osaka, Japan, has distinguished itself by adopting unique strategies to attract talent. Trust Ring, located in Midoribashi, has implemented creative benefits such as offering free alcoholic beverages at work and designated leave for hangovers.
Yes, you read that correctly. Trust Ring allows its employees to drink alcohol during work hours. The company’s CEO personally provides the beverages and joins the staff for drinks, creating a relaxed and informal work atmosphere. Concerned about employees getting excessively intoxicated? The company has addressed this with its ‘hangover leave’ policy, which allows staff members to arrive late without fear of punishment or penalties.
Unable to compete with larger corporations in terms of salary, Trust Ring has turned to these unconventional perks. This strategy comes in response to decades of economic stagnation that followed the bursting of Japan’s economic bubble in the early 1990s, which led to stagnant wages. However, the company believes that this flexibility helps employees recover fully, enabling them to return to work feeling refreshed and thus boosting overall productivity throughout the day.
With a starting wage of 222,000 yen, including overtime, the company meets the minimum wage requirement. Recognizing the challenges of offering higher salaries, the CEO introduced these innovative benefits to create a more appealing workplace and enhance employee satisfaction.
