May 8, 2015

Major firms boost summer bonuses by 3%

The average summer bonus this year for workers at leading Japanese firms is up 3 percent from a year earlier at ¥734,434, rising for the second straight year and hitting the highest level since the 2008 global financial crisis, a recent private-sector survey has ...

Apr 8, 2015

Summer bonuses to rise for second straight year

Summer bonuses are expected to rise for a second straight year, though by less than in 2014, according to private-sector estimates. The average bonus this summer is expected to rise 2.3 percent year on year, to ¥379,000 per worker, Mizuho Securities Co. said Tuesday. ...

Jan 23, 2015

Sierra Leone ends Ebola bonuses for health workers

Sierra Leone said on Thursday it was ending the “risk allowances” it has been paying to thousands of health care workers on the front line of its battle with Ebola. Steven Ngauja, the head of the government’s response to the outbreak, told reporters the ...

Dec 10, 2014

Winter bonuses up sharply for government employees

Japanese government workers in nonmanagerial posts received winter bonuses Wednesday, with the average amounting to ¥691,600, up ¥119,800 from a year before. The sharp increase reflects the enactment last month of a bill calling for increasing the salaries and bonuses of national civil servants ...

Nov 5, 2014

Summer salary bonuses rise at fastest pace in 23 years

Average salary bonuses this summer rose 3.1 percent from a year earlier to ¥370,550, marking the fastest pace of growth in 23 years, the labor ministry said Wednesday. It was the second consecutive year of gain in summer bonuses and the largest percentage increase ...

Dec 3, 2013

Salaries extend slide as inflation takes root

Salaries extended the longest tumble since 2010, increasing pressure on household finances as inflation begins to take root. Regular wages excluding overtime and bonuses fell 0.4 percent in October from a year earlier, a 17th straight monthly decline, according to labor ministry data released ...