Apr 4, 2017

More bankers unhappy with bonuses at foreign firms in Japan

An increasing number of bankers working at foreign firms in Japan are unhappy with their bonuses, and falling expectations for raises are giving them more cause to gripe, according to a Morgan McKinley survey. Forty percent of respondents were dissatisfied with their bonuses, up from ...

Major Japanese firms' winter bonuses up for fourth straight year

Dec 22, 2016

Major Japanese firms' winter bonuses up for fourth straight year

Winter bonuses at Japanese companies employing more than 500 people averaged ¥880,736 ($7,500), up 0.02 percent from the previous year and rising for the fourth straight year, the country's major business lobby said Wednesday. Winter bonuses at Japanese manufacturers averaged ¥900,490, up 0.47 percent and ...

/ Dec 3, 2015

Toshiba executives to forgo bonuses over accounting scandal

Toshiba Corp. will forgo bonuses to all 33 executive officers for the current business year as managers take responsibility for an accounting scandal, company officials said Thursday. The move is aimed at restoring trust in the company as soon as possible, the officials said. The performance-linked ...

/ 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. Nomura Securities ...

/ 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 payments ...

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 for ...

/ 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 since ...

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 Tuesday. ...