Feb 5, 2014

Biz chiefs, unions start payroll talks

Base pay is the focus of this year’s “shunto” spring wage negotiations, as managers and labor leaders met Wednesday. The Japanese Trade Union Confederation, or Rengo, is demanding a 1 percent or more hike in base pay to help the nation beat deflation. Meanwhile, ...

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 24, 2014

Pay hikes to average 2.1% at big firms: poll

Wage hikes resulting from this year’s “shunto” labor-management wage negotiations are expected to average ¥6,413, or 2.1 percent, up from 1.8 percent last year, according to a think tank. Prime Minister Shinzo Abe is urging businesses to hike wages and has persuaded the influential ...

Nov 5, 2013

Real effect of wage increases

Despite signs that Japan Inc. may be ready to accept the prime minister's call to raise wages next spring, it's questionable whether the hikes would offest higher prices and taxes.

Oct 23, 2013

Rengo to demand pay hike of more than 1%

Rengo plans to demand a basic pay raise of more than 1 percent in next year’s “shunto” spring labor talks, a source close to the group said Wednesday. It will be the first time for Rengo — the Japanese Trade Union Confederation — to ...

Mar 18, 2013

Time for base wage increases

For the first time since the 2008 failure of Lehman Brothers triggered the financial crisis, the wage situation for Japanese workers has brightened.