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Top > Measures towards reform > Actions for Management Streamlining > Actions for Management Streamlining (FY2011) > Action plan to promote reform (Personal Expense Reduction)

Action plan to promote reform (Personal Expense Reduction)



Personal Expense Reduction

  • Developing actual action plans
  • Preparing implementation
  • Implementing actions
  • Achieving the result (beginning)

As of the time of development on May 14,2012

    total 1,113.5 61.4 69.6
45.0 - -
103.6 - -
640.5 61.4 69.6
324.4 - -

*Compensation cut for Officers (100% cut for Representative Directors, 60% cut for Managing Directors, 40% cut for Executive Officers)
Salary cut for employees (25% cut of annual salary for managerial employee, 20% cut of annual salary for non managerial employee)

Categories of measures
A: immediate implementation after reviewing the action plan and establishing the implementation scheme involving the Corporation
B: immediate implementation after establishing the action plan within NOV and the implementation scheme involving the Corporation
C: setting the target date and process within NOV to achieve conclusion after establishing the discussion scheme involving the Corporation

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