OECD urges Japan to promote labor reforms amid 'muted' wage growth

Apr 13, 2017

OECD urges Japan to promote labor reforms amid 'muted' wage growth

The Organisation for Economic Co-operation and Development on Thursday called for Japan to promote labor reforms by imposing a binding cap on overtime work and removing obstacles to women’s employment because its job market is tight. Wage growth remains “surprisingly muted” despite labor shortages, ...

Corporate Japan stacks up cash, skimps on pay raises

/ Feb 22, 2017

Corporate Japan stacks up cash, skimps on pay raises

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With profits soaring, Japanese companies’ record-breaking cash pile rises ever higher. That’s bad news for the economy, which is relying on exports to sustain a modest recovery as consumers struggle with stagnant wages. The country’s biggest economic problem is too much income flowing to ...

/ Feb 1, 2017

Keidanren seeks higher pay on annual basis

Japanese companies should consider ways to raise employee pay on an annual basis in this year’s shunto spring labor-management wage talks, Yasumi Kudo, vice chairman of the Japan Business Federation, or Keidanren, said. “It’s natural for companies with strong earnings to conduct wage hikes, ...

Nursery school teachers to get pay hike in 2017 budget

/ Dec 20, 2016

Nursery school teachers to get pay hike in 2017 budget

The government will earmark ¥54 billion in the fiscal 2017 budget to increase monthly pay for nursery teachers and improve their working conditions, officials said. The amount was set during negotiations on budget requests between Finance Minister Taro Aso and labor minister Yasuhisa Shiozaki. ...

/ Dec 6, 2016

Labor shortage is worst in least productive industries

Japan’s aging and shrinking population is causing labor shortages that should be helping workers win higher pay. But it’s not working out that way, in part because of low productivity in the areas of the greatest shortage, according to economists including Hideo Kumano at ...