Jisho

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ねんこうじょれつ 年功序列
Common word Links
Noun, Noun which may take the genitive case particle 'no'
1. seniority by length of service​Yojijukugo (four character compound)
Wikipedia definition
2. Nenko System​The seniority-wage system is the Japanese system of promoting an employee in order of his or her proximity to retirement. The advantage of the system is that it allows older employees to achieve a higher salary level before retirement and that it usually brings more experience to the executive ranks. The disadvantage of the system is that it does not allow new talent to be merged with the experience and those with specialized skills cannot be promoted to the already crowded executive ranks.
Read “Nenko System” on English Wikipedia
Read “年功序列” on Japanese Wikipedia
Read “Nenko System” on DBpedia

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