• SHARE

NAGOYA (Kyodo) The labor union of Toyota Motor Corp. will refrain from seeking a uniform pay-scale hike for its members during annual wage negotiations this spring because the automaker faces a tough business environment, union officials said.

But the 63,000-member Toyota Motor Workers’ Union plans to demand annual bonuses equivalent to five months of wages plus ¥70,000, compared with five months of wages plus ¥60,000, or about ¥1.8 million on average per union member, granted during last year’s wage talks, the officials said Wednesday.

The union will also seek to secure a monthly wage hike that is usually granted under the automaker’s seniority-based periodic wage increase system, they said.

The union will present the proposals to its ranks Friday.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW