Jun 7, 2016

Summer bonuses at major Japanese firms to average ¥927,000

The average summer bonus among major companies will rise 3.74 percent from last year to ¥927,415 for the fourth straight increase, according to a preliminary report by Keidanren. The growth reflects a rise in the number of companies linking employee bonuses to corporate earnings, ...

Mar 19, 2016

Pay scale hikes averaging ¥1,478 so far: Rengo

The pay scale hikes agreed to during this year’s shunto (spring wage negotiations) were averaging ¥1,478 per month as of Friday morning, the Japanese Trade Union Confederation, known as Rengo, said. The average, obtained two days after major companies announced their fiscal 2016 pay ...

Rengo to focus on monthly pay in wage-hike talks, not annual income

Jan 29, 2016

Rengo to focus on monthly pay in wage-hike talks, not annual income

This year’s shunto spring wage talks should focus on raising monthly pay rather than annual pay, Rikio Kozu, president of the Japanese Trade Union Confederation (Rengo), said in an interview Thursday. Keidanren called on member companies to raise annual pay, including bonuses and allowances. ...

Dec 22, 2015

Keidanren to ask member firms to raise wages for third year

A committee under the Japan Business Federation, better known as Keidanren, broadly agreed Tuesday on guidelines for shunto spring wage negotiations in 2016 that will ask member companies with higher earnings to raise employee wages at rates greater than this year. Keidanren will seek ...

Dec 4, 2015

Salaries rose 0.7% in October but bonuses expected to lag

Salaries grew 0.7 percent in October from the previous year to an average of ¥266,309, the Health, Labor and Welfare Ministry said in a preliminary report Friday. The fourth consecutive month of salary growth reflects the pay-scale hike decided at this year’s shunto spring ...

Mar 10, 2015

Japanese electronics makers eye pay scale hike of ¥2,000 to ¥3,000

Six major Japanese electronics makers are planning to propose pay scale hikes of ¥2,000 to ¥3,000 a month in the ongoing “shunto” annual labor-management negotiations, against ¥6,000 as demanded by their unions, it was learned Monday. The six are Hitachi Ltd., Toshiba Corp., Mitsubishi ...

Key firms agree to hike pay scales

Mar 12, 2014

Key firms agree to hike pay scales

Many major firms notified their labor unions Wednesday that they will raise pay scales to conclude this year’s spring wage negotiations, responding to strong calls from the administration of Prime Minister Shinzo Abe to help end long-standing deflation. Toyota Motor Corp., which has huge ...

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 ...

Feb 21, 2014

Toyota mulls first pay hike since '08

Toyota Motor Corp. is considering carrying out its first pay scale hike in six years this spring, sources said Friday. The move comes as Prime Minister Shinzo Abe asks corporate managers to improve pay scales in order to help speed up economic recovery. A ...

Unions set to get forceful in pay demands

Feb 17, 2014

Unions set to get forceful in pay demands

The nation’s unions have started demanding wage hikes from cash-rich firms as annual pay talks get under way, setting up a rare showdown after years of drama-free labor relations. Unionists are questioning if usually quiescent workers should stick by a decades-long strategy of keeping ...