NEWSWORTHY

Dec 5, 2017

Rengo to demand 4% pay increase at 'shunto' talks

The Japanese Trade Union Confederation, or Rengo, adopted its policy on next year's shunto labor-management negotiations at a Central Committee meeting Tuesday, calling on member unions to demand wage increases of about 4 percent, including hikes of about 2 percent in pay scales. The Rengo ...

Rengo to focus on monthly pay in wage-hike talks, not annual income

Jan 29, 2016

Rengo to focus on monthly pay in wage-hike talks, not annual income

This year's shunto spring wage talks should focus on raising monthly pay rather than annual pay, Rikio Kozu, president of the Japanese Trade Union Confederation (Rengo), said in an interview Thursday. Keidanren called on member companies to raise annual pay, including bonuses and allowances. Kozu said ...

Key firms agree to hike pay scales

/ Mar 12, 2014

Key firms agree to hike pay scales

Many major firms notified their labor unions Wednesday that they will raise pay scales to conclude this year's spring wage negotiations, responding to strong calls from the administration of Prime Minister Shinzo Abe to help end long-standing deflation. Toyota Motor Corp., which has huge influence ...

Jan 28, 2014

Unions to demand robust pay rises

Unions are adopting robust demands for this spring's annual "shunto" wage talks, with those of Toyota Motor Corp. considering an average ¥2.3 million annual bonus and the electronics industry its first basic pay hike in five years. For the talks, the 600,000-member Japanese Electrical, Electronic ...

Nov 5, 2013

Real effect of wage increases

Despite signs that Japan Inc. may be ready to accept the prime minister's call to raise wages next spring, it's questionable whether the hikes would offest higher prices and taxes.

Mar 18, 2013

Time for base wage increases

For the first time since the 2008 failure of Lehman Brothers triggered the financial crisis, the wage situation for Japanese workers has brightened.