According to the Hong Kong Economic Daily news on January 17, UNIQLO's parent company, Fast Retailing Japan, plans to increase the maximum annual salary of social recruitment to 1 billion yen (about 55.47 million yuan), which exceeds the 400 million yen annual salary of Fast Retailing President Yanai Masa, and is more than 200 times higher than the average annual salary of Japanese companies in social recruitment.
Yanai revealed the news in an interview and said that he would recruit talents who work at Fast Retailing headquarters and are proficient in digital and e-commerce transactions and supply chains, change the revenue structure centered on clothing production and sales, and establish a new business model.
As of the end of August 2021, Fast Retailing has approximately 56,000 employees, including about 1,600 employees at the headquarters, most of whom are recruited by the society, with an average annual salary of about 9.6 million yen.
![50 million annual salary to recruit talents! Why is UNIQLO so generous?[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)