Jul 11, 2014

Japanese firms near crisis point as labor shortage deepens

Japan’s labour shortage is nearing crisis in some key industries as it spreads from construction to services, curbing companies’ operations, pushing up wages and potentially crimping a tentative recovery in the world’s third-largest economy. Airlines, retailers, truckers and restaurant chains are being forced to ...

British public-sector workers stage major strike over pay and cuts

Jul 11, 2014

British public-sector workers stage major strike over pay and cuts

A major public-sector strike took place in Britain on Thursday, with hundreds of thousands of workers rallying against the government’s austerity-driven spending cuts and pay restraint measures. The strike involves a wide range of workers from teachers and civil servants to street sweepers and ...

Jul 2, 2014

More small and midsize firms raising basic pay

Twenty-nine percent of small and medium-size enterprises have raised basic pay this business year, up from 11.4 percent last year, the government said Wednesday. The increase, though far smaller than the 44.4 percent of large companies offering better pay, indicates that wage hikes to ...

SMBC ups pay for first time in 19 years

Mar 27, 2014

SMBC ups pay for first time in 19 years

Sumitomo Mitsui Financial Group Inc.’s lending unit has agreed to raise salaries for the first time in 19 years as an economic recovery spurs profit at Japan’s second-largest bank by market value. The company will increase base pay by 0.5 percent in the coming ...

Panasonic China staff  get pay for pollution

Mar 13, 2014

Panasonic China staff get pay for pollution

Electronics giant Panasonic said Thursday it will give employees sent to China a wage premium to compensate for the country’s hazardous air pollution, in a possible first for an international company. The move was part of a wider deal reached in the annual labor ...

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 ...

Panasonic employees' pay scales to be raised

Mar 4, 2014

Panasonic employees' pay scales to be raised

Panasonic Corp. is planning to raise the pay scale for its employees at this spring’s labor-management wage talks for the first time since 2008, sources said Tuesday. The electronics-maker took into consideration commodity price rises and the imminent sales tax hike, which will likely ...

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 ...

Mar 4, 2014

Base salaries up for first time in 22 months in January

Salaries increased for the first time in nearly two years in January as companies boosted pay for part-timers, aiding Prime Minister Shinzo Abe’s effort to end 15 years of deflation. Base pay excluding bonuses and overtime rose 0.1 percent from a year earlier, the ...

Feb 20, 2014

Toyota regards union demand for wage increase as 'surprisingly high'

Toyota Motor Corp., the nation’s largest manufacturer and employer, says the wage increases labor unions have demanded going into annual negotiations this year are “surprisingly high.” The carmaker will wait until the negotiations are finished before saying whether it will agree to the requests, ...

Feb 18, 2014

Mitsubishi Motors workers in line for raise

by Megumi Iizuka

Mitsubishi Motors Corp. President Osamu Masuko says the automaker is considering raising employees’ pay and also resuming dividend payments for the first time in over 16 years in fiscal 2013, reflecting its recovery from a decade of slumping sales. Asked during a recent interview ...