Nov 19, 2015

Starting salary up for second straight year in Japan

The average monthly starting salary for new university graduates in Japan in 2015 rose 0.8 percent from the previous year to ¥202,000, up for the second straight year, the labor ministry said Thursday. Wages started increasing at not only major companies but also small ...

/ May 19, 2015

Real wages fell 3% in fiscal 2014; largest drop on record

Japan’s average monthly real wage plunged 3.0 percent in fiscal 2014, marking the largest fall on record and the fourth year of decline, as last year’s consumption tax hike took its toll, the labor ministry said Tuesday. However, in nominal terms the average monthly ...

Families hit as inflation outruns wage rises

/ Feb 4, 2015

Families hit as inflation outruns wage rises

Increases in the cost of living outpaced annual earnings that rose for the first time in four years in 2014 as the Abe administration sought to reflate the economy. Average earnings climbed 0.8 percent last year while pay, adjusted for inflation, fell 2.5 percent, ...

/ Aug 15, 2014

64% of small firms to issue pay hikes this year: METI

A Ministry of Economy, Trade and Industry survey revealed Friday that 64.5 percent of the nation’s small companies have decided to raise pay this fiscal year, up from 56.8 percent the previous year. “The virtuous cycle of the economy is having a wider impact,” ...