Simultaneous recruiting of new graduates

Simultaneous recruiting of new graduates or periodic recruiting of new graduates (新卒一括採用, Shinsotsu-ikkatsu-saiyō) is the Japanese business custom in which Japanese companies hire new university graduates en masse. This custom was practiced in South Korea until a 2010 age discrimination law banned the practice in South Korea. In 2018 the Japan Business Federation (Keidanren) announced that its 1,600 member companies, which represent a large portion of Japan's big business companies, would no longer be required to follow the custom from 2020 onwards.