Feb 8, 2017

Japan union confederation to call for hikes in base pay

Rikio Kozu, president of the Japanese Trade Union Confederation (Rengo), has stressed that the labor side will push for hikes in regular monthly wages in this year’s shunto annual wage negotiations. While Japan’s biggest business lobby, the Japan Business Federation (Keidanren), has said it ...

Jan 19, 2016

Keidanren seeking annual wage increases at 2016 negotiations

Keidanren is calling on member companies to consider annual income growth for workers as the 2016 wage talks between management and employees get under way. Company managers do not need to stick to pay-scale hikes, according to Keidanren’s guidance for corporate executives, released Tuesday. ...

Dec 24, 2015

Abe, BOJ urge higher wages; businesses unconvinced

Prime Minister Shinzo Abe and Bank of Japan Gov. Haruhiko Kuroda on Thursday applied fresh pressure on companies to do their part in putting a sustained end to deflation by boosting wages and investment. But the head of the nation’s biggest business lobby offered ...

Mar 21, 2014

Wage hike key to Japan's economic growth, IMF says

Wage growth, mainly among smaller businesses and for nonregular workers, is an essential element for Japan’s economic growth, the International Monetary Fund said in a research report. “Higher inflation without higher incomes can hardly be characterized as a successful reform,” the IMF said Thursday, ...

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, ...