May 9, 2016

Real wages rise in March at sharpest rate in five years

Real wages rose at the fastest pace in more than five years in March, creating hopes for greater consumer spending, government data showed Monday. Average inflation-adjusted wages gained 1.4 percent from a year earlier for the second consecutive month of growth, the Health, Labor ...

Apr 19, 2016

Japan Inc. offers pay hikes of 2.19%, lowest in three years

There was 2.19 percent growth in monthly salaries agreed by labor and management at 62 major Japanese companies in this year’s shunto talks, the lowest in three years, the Japan Business Federation said Monday. Shunto talks in 2014 and 2015 resulted in 2.39 percent ...

Apr 5, 2016

Real wages rise in February; up for first time in four months

Real wages rose for the first time in four months in February as base pay and other scheduled wages hit a more than 10-year high, the government said Tuesday. Average inflation-adjusted wages gained 0.4 percent from a year earlier, while nominal wages rose 0.9 ...

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 ...

Mar 15, 2016

Toyota set to agree on ¥1,500 per month pay-scale hike

Toyota Motor Corp. and its labor union are expected to settle on a pay-scale hike of ¥1,500 per month in this year’s shunto spring wage negotiations — half the level demanded by the union side, sources said Tuesday. Still, Toyota management is expected to ...

Mar 15, 2016

Nomura to raise pay for 3,700 employees at Japan brokerage

Nomura Holdings Inc. will raise salaries for staff at its Japanese brokerage for a third year. Base pay for about 3,700 employees at the Nomura Securities Co. unit will climb an average 2 percent starting in April, Kenji Yamashita, a spokesman for the Tokyo-based ...

Mar 10, 2016

Japan steel makers consider pay hike of ¥2,500 a month

Major Japanese steel makers are considering putting forward a pay hike of ¥2,500 per month for fiscal 2016 as the shunto wage negotiations enter their final stage, it was learned Thursday. The envisaged figure is higher than the ¥2,000 agreed for fiscal 2014 in ...