Business
CEO says pay rises the secret to 5500pc share price gain – The Australian Financial Review
The CEO behind Japan’s best-performing stock, software testing company Shift, has a surprising strategy: he buys smaller firms and boosts their workers’ pay.
Tange grew up in what he describes as an ordinary family in Hiroshima in southwestern Japan, where both his parents were civil servants. He established Shift in 2005 after majoring in mechanical engineering and spending more than five years working for a consulting firm.
Shift started out advising companies on how to improve profits. In 2009, it entered the software testing business.
Tange said he wanted to change engineers perception that software testing was a second-rate job, including by paying…
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