Keith Watanabe * NET 2.0

This is another title for the article linked above.  The main content is profit sharing and the relation to the long hours that Japanese workers do and how Japan's ministry of economy and labor recommends this.  Naturally as someone who feels overworked and underpaid, this is definitely something I feel necessary to improve the workplace or at least discourage companies from forcing workers into doing ridiculous overtime.   In reality, this should not be a recommendation but something mandatory and enforced.

The way I would implement this is force companies that earn a certain percentage in a year to distribute a relevant amount to the employees in turn, committing to overtime wage.  Companies can allot money in reinvesting into itself from this percentage and shareholders, naturally, but a good portion be split with the employees in accordance with the amount of overtime they put in.  Sure, they can still allow for merit based bonuses, but it should be fair that (to a lesser degree) compensation is also linked to an employee's position and hours they put in.  Executive and board members should be excluded from this as they're compensation is already over the top on average.

Either way, the main idea is to provide more equal footing for employees or at create a better work-life balance scenario.