Japanese Postal Service takeover

The Kyodo News Service has reported that “a [Japanese] posts ministry study panel on Friday issued a draft proposal for a new public corporation slated to take over state-run postal services in 2003 in which it called on the new entity to adopt a performance-based salary system. The panel of the Ministry of Public Management, Home Affairs, Posts and Telecommunications also proposes that the new corporation, which will still be affiliated with the government, adopt a system of outside directors. The new corporation will be in charge of mail, postal savings and insurance operations. Employees of the new corporation will also be considered public workers, but their salaries should be determined by job performance and not simply by the government pay structure.”