That meant fewer young mouths to feed on rising salaries, thanks to a seniority-based system under which pay automatically increased with age.

生育率降低意味着，人们需要抚养的子女越来越少，而由于资历决定待遇的体系，他们的薪资随着工龄增加而上涨。

youdao

They are also a function of a peculiar labour market with lifetime employment, a wage system based on seniority rather than performance, and little job mobility among managers.

同时这种薪酬制度也有助于维护该国特有的讲究论资排辈和缺乏流动性的终身雇佣制为基础的劳动力市场。

youdao

This will make it even more necessary to scrap the seniority-based pay system, because keeping older workers on will be prohibitively expensive.

这就使以资历为基础的薪酬制度更亟需废除，否则年长员工的薪酬将成为企业不得不接受的沉重负担。

youdao

By next year, Kim will have put every employee on a pay-and-promotion system that is performance-based, trashing the traditional seniority-based system that Korea inherited from the colonizing Japanese.

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This is not how a seniority-based system works.

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This will make it even more necessary to scrap the seniority-based pay system, because keeping older workers on will be prohibitively expensive.

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