NAGOYA (Kyodo) The Toyota Motor Workers’ Union has decided not to demand a pay scale hike during this spring’s labor-management wage talks, union sources said.
The union, which groups 63,000 workers, will give up pushing its demand for a pay scale raise for the first time in five years.
Union leaders reached the decision because the automaker is expecting a net loss in fiscal 2009 for the second consecutive year, the sources said.
During the “shunto” spring talks, the union will place priority on securing a monthly wage hike that is usually granted under the automaker’s seniority-based periodic wage increase system, they said.
As for bonuses, the union leaders will propose demanding that management pay annual bonuses equivalent to five months of wages plus ¥100,000. The company agreed to that amount for last year.
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