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Japanese get a big bonus twice a year, in summer and in winter. Did you already know that?
I think that's something that probably not so many of you knew, unless you've read it somewhere, of course.
If you hear or read about the working culture and working life in Japan, you encounter the many, many overtime hours that are supposedly done.
And the karoshi, the death by overworking, I also made a video about that.
So usually you encounter negative things and positive ones rather rarely, but of course there are also.
And one of these positive things, I personally think, is this bonus.
There is not really a law that determines how high the bonus has to be or whether it has to be paid at all or not,
but it is something that the companies really decide for themselves.
There are companies in Japan that pay a bonus twice a year in addition to the salary, that's important.
That does not depend on the basic salary.
So you get the basic salary and the bonus is really a bonus, an additional payment.
In Germany, something like holiday money or Christmas money or something else,
only much higher than holiday or Christmas money in Germany.
We'll see that in a moment.
But there are also companies that pay a bonus three, four or five times a year.
It really depends a lot on the company.
In general, such an average should probably be twice a year, in winter and summer.
That's the average.
But there are also companies that do not pay a bonus at all.
That means you always have to pay attention to it.
If you apply somewhere, is there a bonus payment included?
If so, how many?
If so, roughly how high?
Of course, you can negotiate everything a bit.
And that's also a thing that Japanese people pay attention to when they apply somewhere.
Is there a bonus, yes or no?
And that's also something you can pay attention to as a foreigner when you apply in Japan.
If you don't know anything about it, you might get hit in the ear.
So now you know about it.
Pay attention to whether there is a bonus or not.
And if no one is in it, you can ask in the presentation whether a bonus is intended somewhere.
How high is such a bonus now or first of all, what does it actually depend on?
How this bonus is determined is again very, very individual according to the company.
Some do that, they say somehow so one, two, three months' salary is the bonus.
Others have some kind of evaluation arches that are then created in the company.
And then the manager, the FIALE or so, for example, or the supervisor evaluates you,
then depending on the performance, how you did it.
And then you are put into a certain category and get a certain bonus.
In other companies, however, it also depends on the turnover again.
Depending on how much turnover and profit the company has made this year,
the height of the bonus is also determined.
So there are probably the most diverse things,
which is why it is difficult to say, yes, that's how they do it,
because every company always handles it a little differently.
I took a look, the average value for the bonus should be 380,000 yen in summer
and 390,000 yen in winter.
That's really a whole lot.
So if you convert that, now with the exchange rate, of course, a bit difficult.
Let's just calculate with about 120 yen for 1 euro.
I think that's a bit more realistic, also in terms of purchasing power,
if you compare that with the countries, then we are at a little more than 3,000 euros,
which you get there.
And that twice a year.
So once in summer and once in winter you get on average,
so some get a little more, some a little less,
that's just an average number,
but you get about a few thousand euros, I think you can say,
you just get in addition to the salary you already have.
And if you then calculate that down to the individual months,
then the monthly salary is just a few hundred euros higher.
So if you calculate that down to the months.
And that's pretty good, I think, personally.
So I think that's nice,
if you get a few thousand euros bonus twice a year.
So I would take that too.
Why not?
I have nothing against that.
I also found a nice graph from a bank,
which put together a statistic,
how high the bonus is depending on age.
Here you can take a look,
there we see up to 19 years,
there it is a little less,
but then from 20 to 24 years,
it gets more and more.
That is, by the way, the amount per year.
So this 300 at 20 to 24 years,
this 376,000 yen, that's per year.
And then you can see that it always goes up,
until it somehow reaches the peak
with the 55 to 59-year-olds,
then the bonus is particularly high.
And then it decreases with the 16-year-olds,
which is because the first ones already retire,
and when people retire,
it may be that they are employed again later by the company.
If the company says,
yes, we don't hire again,
then they are often packed into a different employment relationship
and then don't get that much bonus anymore.
That's a bit stupid,
and that's also a system that is criticized a lot,
that you hire people again after retirement,
but give them less money then.
But that's how it is, unfortunately.
Well, that's how it works here, unfortunately.
And I think that's why the bonus decreases at this point.
But that's quite a lot.
One million yen,
partly in addition per year,
I don't know, somehow 8,000 euros or so.
You like to take that 8,000 euros extra per year,
just as a bonus.
Why not?
But you also have to say,
this bonus also has a bit of its bad sides,
that you can see.
Because many Japanese also expect this bonus
and then buy a few things on credit.
I always get that again and again,
that people say,
yes, I already bought this car on credit,
the summer bonus comes in,
so I can compensate for that.
Or yes, I already buy that,
it's a bit more expensive,
I can't really afford it now,
but the summer or winter bonus comes in 1-2 months,
then it's all okay again.
And of course, if you live with that attitude,
then the whole thing shifts somehow
and at some point you get into such a debt cycle.
And that's really not a small problem in Japan,
I would say,
especially with younger people.
Then there is this Libobarei,
I have already talked about it in another video.
That means, for example,
that you can take out a loan of 1,000 euros a month,
i.e. pay with the credit card.
So imagine, you buy somehow,
we'll just do an example now,
you buy a refrigerator for 1,000 euros
and pay with the credit card,
then you don't have to pay it in this month,
because these 1,000 euros run on credit.
And with this Libobarei,
it's like this,
that you don't pay the 1,000 euros for the refrigerator
in the next month when you pay with the credit card,
but you only pay 300 euros.
And so you pay this refrigerator with the 1,000 euros
for three months, so to speak.
That's like a kind of rate,
but not quite such a rate payment.
Rate payment in general can also always be done in Japan.
So if you buy a refrigerator somewhere or something,
you can pay that in the most different rates.
This happens very, very often,
that you are also asked for a cash register
when you pay with a credit card.
But of course it happens,
that if you can spend 1,000 euros every month,
but only have to pay 300 euros back,
that at some point you lose track
of how much you actually still have to pay,
theoretically,
and how many months it takes
until you have paid it off.
And that's really the trap of this Libobarei,
I would say.
But it is always applied by the banks here,
without end.
So if you go to a bank,
you always have these signs for it,
with whom they apply it
and then how high the interest rates are,
because you also pay interest on the whole thing.
This is always applied.
And you have,
so there is a,
they call it a gendoganko,
so there is a maximum amount
up to which you can owe a certain card.
In my opinion,
let's make a very simple example again,
at 3,000 euros.
That means you can spend these 1,000 euros in 3 months in a row,
until the card says
you can no longer use it.
But of course you have to pay back these 300 euros for 10 months,
until the card is back to zero, so to speak.
And now comes the stupid thing about the system
or the trick that many use.
You can do these cards with different banks.
That means you have a total,
if you have five cards,
by the way,
or six cards,
credit cards,
and it's relatively easy to get such a credit card
here via the most diverse,
there are also from DuckTen and Amazon
and what, I don't know everything.
Then you theoretically have 6 times 3,000 euros,
so 18,000 euros that you can use somehow.
And at some point, of course,
they come back to you as debts,
but you have already forgotten them again.
And at some point comes the big bang,
when you have to pay back 300 euros with each card,
and at some point you can no longer use each card for 300 euros.
Well, that's about it.
And there the bonus is often taken a little bit
as a debt payment or something,
that people say,
yes, the bonus is coming,
and then I'll calculate it,
and then it only leads to further problems,
because they don't change their lifestyle
and what, I don't know everything.
So maybe that's also such a rat tail,
which is a little bit attached to it.
Of course, it doesn't apply to all people,
many save it for the education of the children
and for the house and what, I don't know everything,
car, no idea.
So many people, of course, also deal with it well,
but it's just a problem,
what you shouldn't talk about so little,
especially because it is so strongly
also applied by the banks,
this credit card story.
Well, that should have been it for the bonus.
I just wanted to tell you
that there is this bonus at all.
I think it's a great system,
to be honest, I think it's pretty good.
Of course, it doesn't exist with me now,
as a self-employed person you don't have that,
there is no company that says,
yo, here you get a bonus or something,
but if it works really, really well for me,
I sell a lot of online courses or something,
or you are very, very charitable, of course,
then of course I also have a little more
at the end of the month,
that is of course quite clear,
but it's just not the case
that I can count on a bonus
or that I can count on it
that it's going well,
that's with self-employed people,
as you know, if you are self-employed,
of course never the case,
but it can always go bad,
a month, it can go bad for half a year
or something else.
You never really have such a safe guarantee,
as it is in the employee relationship,
that a salary also comes.
I mean, of course, in the employee relationship
you can also be fired
and if the business doesn't go well,
if the boss makes a mistake,
then that's also a problem,
but as an employee,
I don't think you often realize
that you are of course dependent on
that the boss or the manager
somehow keeps the company alive,
so that the salary can be paid
and the bonus in the end too.
How do you like the whole thing?
Feel free to write to me in the comments,
feel free to take a look at the video description,
there are still some discount links
to my online courses.
If you want to get a good bonus from me,
you can of course take a look at the online courses.
There are all discount links in the video description
and then of course I would be happy
if we see each other again next time.
See you then!