TOKYO — Prudential Life Insurance, the Japanese affiliate of the US-based insurance giant, announced on Monday, July 27th, 2026, that it will abolish its commission-heavy salary system. The move comes after the performance-based pay structure was identified as a factor encouraging misconduct among sales staff.
Under the new compensation plan, salespeople will receive a fixed monthly salary of approximately 300,000 yen (around $1,834), according to sources. Additionally, the insurer intends to reduce its executive officers from the current number exceeding 30 and clarify the roles and responsibilities of each executive.
These changes aim to address issues raised in the aftermath of a customer exploitation controversy and improve corporate governance within the company.
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