Feb 18, 2015

Big firms face pay-hike calls as 'shunto' labor talks begin

Large firms kicked off their annual wage talks Wednesday, with labor unions demanding a pay-scale hike amid Prime Minister Shinzo Abe’s repeated calls for an increase in salaries that would help boost consumption and shore up the economy. Workers at major automakers including Toyota ...

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, ...

Jan 30, 2015

4.2% wage hike due for public works builders

The land and infrastructure ministry announced Friday a 4.2 percent hike in standard wages for construction workers who participate in public works projects. Starting Sunday, the national average daily wage will stand at ¥16,678, rising for the fourth consecutive year. This year, the ministry ...

Jan 21, 2015

Keidanren to back pay-scale hikes for second straight year

The nation’s leading association of business leaders said Tuesday it will support pay-scale hikes by member companies in the upcoming annual wage talks, adopting the policy for the second straight year. But the Japan Business Federation, better known as Keidanren, showed reluctance to accept ...

Dec 18, 2014

Tax break eyed on size-based levy in exchange for pay hikes

The government and the ruling coalition are thinking of limiting the expansion of a size-based tax for companies that raise wages, informed sources say. Under the deal, the government would let companies that raise wages by at least 3 percent from fiscal 2012 levels ...

Dec 2, 2014

Inflation-adjusted wages continue falling

Wages for salaried workers adjusted for inflation dropped 2.8 percent in October, marking the 16th consecutive month of decline, government data showed Tuesday. Wages stood at ¥267,935 per worker, up 0.5 percent from a year earlier if the impact of consumer price hikes is ...