Nissan overpaid Carlos Ghosn whistleblower Hari Nada along with CEO Hiroto Saikawa
Nissan Motor Co. overpaid other executives in addition to its chief executive officer, according to people with knowledge of the matter, among them Senior Vice President Hari Nada, a key figure in the downfall of former Chairman Carlos Ghosn. CEO Hiroto Saikawa told reporters on ...
Nissan CEO Saikawa admits receiving too much pay under executive equity plan
Saikawa said he will return the excess amount to the automaker, while revealing that other executives have also received overpayments.
Labor Ministry says minimum hourly wage to rise by ¥27 to ¥901 on average in 2019
The legally-set minimum hourly wage in Japan will rise by ¥27 to ¥901 on average in fiscal 2019, which started in April, from the previous year, the labor ministry said Friday. The minimum wage will be raised as early as October. Among the country's 47 ...
Labor ministry panel suggests hiking minimum wage by ¥27 to push Japan average above ¥900
The proposal marks the second consecutive year for a record increase, eclipsing the 2018 hike, and it could be the first time the wage exceeds the ¥900 mark.
Democratic U.S. presidential hopeful Bernie Sanders on Wednesday told Walmart Inc. shareholders and top executives that the world's largest retailer should boost the "starvation"-level wages it pays its workers and stop fueling income inequality. Speaking at Walmart's shareholder meeting, the U.S. senator said: "Despite the ...
Uber and Lyft drivers set to strike in cities across the U.S. and Europe
Drivers for ride-hailing giants Uber and Lyft are turning off their apps, to protest what they say are declining wages at a time when both companies are raking in billions of dollars from investors. Organizers planned demonstrations in 10 U.S. cities Wednesday, including Chicago, Los ...
77% of Japanese firms say they don't discriminate against foreign workers in terms of pay
Nearly 80 percent of companies pay their foreign employees equal or higher wages compared with their Japanese staff, a think tank survey showed Wednesday. The Japan Research Institute said corporate managers generally welcome the new visa system to accept more foreigners staff — mostly for ...
Almost half of young Russians want to emigrate as economy stagnates: Gallup poll
Forty-four percent of Russians aged 15-29 want to emigrate as their economy stagnates, according to a survey by the pollster Gallup. The poll, based on 2,000 face-to-face interviews conducted in 2018, indicated that 20 percent of all Russians wanted to move abroad, the highest share ...
Global life expectancy up 5.5 years since 2000; income and access to care play key roles: WHO
Global life expectancy grew by 5.5 years between 2000 and 2016, the World Health Organization said Thursday, warning though that unequal income and access to health care translates into far shorter lives for many. The U.N. health agency also stressed significant gender differences in life ...
Japan's jobless rate in February fell to 2.3%, lowest in nine months
The unemployment rate fell to 2.3 percent in February, the lowest in nine months, as women who quit jobs to look for better work the previous month landed positions amid the tightest labor market in decades, government data showed Friday. The jobless rate fell 0.2 ...
Big Japanese firms offer smaller wage hikes as economy wobbles
Big firms offered smaller pay increases at annual wage talks Wednesday as the economy sputters, tempering hopes that domestic consumption will offset external risks to growth. Major firms are set to raise wages for a sixth straight year as Prime Minister Shinzo Abe kept up ...
