Jul 7, 2015

Electronics unions to demand wage hikes in this year's labor talks

An umbrella body of labor unions at Japanese major electronics makers is set to demand pay increases during the 2016 shunto annual labor-management talks, said Shoji Arino, leader of the body. At a regular conference of the Japanese Electrical, Electronic & Information Union in ...

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 ...

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. ...