Under the Labor Standards Act, the minimum rate by which wages must be increased for overtime work beyond 60 hours a month (\u201c60+ Overtime\u201d) is set at 50% (Lab. Stands. Act, art. 37, para. 1). This relatively new requirement was introduced through a series of revisions recently made to the Labor Standards Act, along with a temporary exemption for small and medium-sized enterprises (\u201cSMEs\u201d) . However, SMEs too will be subject to this new requirement in the not-too-distant future, namely, starting from April 1, 2023.<\/a><\/p>\nIf you are running an SME, you may need to take some steps to comply with the above-mentioned requirement, for example, by amending the rules of employment (sh\u016bgy\u014d-kisoku). This article comments on selected matters concerning the requirement to pay increased overtime rate for 60+ Overtime (\u201cPremium Rate\u201d) by SMEs.<\/a><\/p>","protected":false},"author":1,"featured_media":0,"template":"","class_list":["post-720","column","type-column","status-publish","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.clo.jp\/english\/wp-json\/wp\/v2\/column\/720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.clo.jp\/english\/wp-json\/wp\/v2\/column"}],"about":[{"href":"https:\/\/www.clo.jp\/english\/wp-json\/wp\/v2\/types\/column"}],"author":[{"embeddable":true,"href":"https:\/\/www.clo.jp\/english\/wp-json\/wp\/v2\/users\/1"}],"wp:attachment":[{"href":"https:\/\/www.clo.jp\/english\/wp-json\/wp\/v2\/media?parent=720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}