Seniority-based (promotion/pay) system: promotions and raises determined by length of service, a traditional feature in many Japanese companies.
年功序列の制度は最近の若者の価値観と対立することがある。
The seniority-based system sometimes conflicts with the values of younger people today.
多くの企業が年功序列から成果主義へとシフトしつつある。
Many companies are shifting from seniority-based systems to performance-based systems.
年功序列の弊害として、能力のある若手が評価されにくい点が挙げられる。
One drawback of seniority systems is that capable younger employees may be less likely to be recognized.