Mar 9, 2014

Ten electronics firms to approve ¥2,000 pay hike

Ten major domestic electronics makers are expected to grant a uniform pay-scale increase of ¥2,000 in this year’s “shunto” spring wage negotiations, sources said. The Japanese Electrical Electronic & Information Union, an umbrella body for electronics makers’ labor unions, demanded the ¥2,000 hike as ...

Mar 4, 2014

Union cites 'big gap' with Toyota in wage negotiations

Toyota Motor Corp. and its workers’ union are far apart over wages and bonuses, the labor group’s chairman said Tuesday. “Our negotiation with the company is like a parallel line,” Mitsuyuki Tsuruoka, head of the Toyota Motor Workers’ Union, said. “We have had two ...

Jan 28, 2014

Unions to demand robust pay rises

Unions are adopting robust demands for this spring’s annual “shunto” wage talks, with those of Toyota Motor Corp. considering an average ¥2.3 million annual bonus and the electronics industry its first basic pay hike in five years. For the talks, the 600,000-member Japanese Electrical, ...

Jan 11, 2014

Toyota union to demand pay hike

The federation of labor unions for Toyota Motor group firms decides to demand a pay-scale hike at upcoming spring wage talks for the first time since 2009.

Inequality threatens Mandela legacy

Dec 7, 2013

Inequality threatens Mandela legacy

by Mike Cohen

Nelson Mandela emerged from 27 years in apartheid jails in 1990 pledging to seize South Africa’s mines and banks. Four years later, his government slashed spending and courted foreign investors, paving the way for the longest period of growth in the country’s history. The ...