Tag - wages



A special subgroup of the Central Council for Education, which advises the education minister, is examining boosting teachers' adjustment allowances, currently set at 4% of monthly salary, as part of measures to improve conditions at public schools.
JAPAN / Society
Apr 13, 2024
Japan considering first hike in teachers' overtime pay in 50 years
There has been a proposal for raising the allowances to 10% of monthly salary or even higher, sources have said.
The departure hall at Haneda Airport in Tokyo. Now with inflation at its strongest in decades, Japanese are starting to realize that years of static wages leave many of them budgeting each month before their next pay check.
Apr 13, 2024
Japan’s young workers head abroad as huge wage gap persists
The outflow is also a sign that many Japanese aren’t buying into the nation’s economic optimism as it exits from decades of deflation.
The Bank of Japan headquarters in Tokyo. The central bank will probably discuss revising up its projection for growth in consumer prices for the current fiscal year, sources said.
BUSINESS / Economy
Apr 10, 2024
BOJ said to mull raising inflation view on strong pay deals
Rising oil prices and the weak yen are spurring inflationary pressure that could fuel speculation of earlier moves by the BOJ.
Bank of Japan Gov. Kazuo Ueda listens to a question during a news conference after a two-day monetary policy meeting at the central bank's headquarters in Tokyo on March 19.
Apr 8, 2024
Ueda's first year as BOJ chief marked by smooth handling of policy shift
But the central bank governor now has to balance various factors, including how further rate hikes might affect not just the yen but also households.
Real cash earnings for Japanese workers in February dropped 1.3% from a year earlier, government data has shown.
BUSINESS / Economy
Apr 8, 2024
Japan’s decline in real wages likely to keep BOJ on hold for now
The latest decline in real wages comes as growth in consumer prices accelerated to 2.8% in February, the quickest pace since November.
Nissan’s name has been removed from a list of around 44,000 companies eligible for the tax incentive on the economy ministry’s website.
BUSINESS / Companies
Apr 6, 2024
Nissan ineligible for tax break after underpaying firms: report
Nissan’s name has been removed from a list of companies eligible for the tax incentive on the economy ministry’s website, the Yomiuri Shimbum said.
Apr 4, 2024
NZ pro women's basketball league doubles players' pay
The commercial success of league's first two seasons has allowed it to increase payments.
International bankers in Tokyo say their compensation remain a fraction of pay in other financial hubs despite booming markets in Japan.
BUSINESS / Companies
Mar 26, 2024
Bonuses at Japan's global banks underwhelm despite booming markets
Bonuses at international investment banks fell by about 10% on average in Tokyo for 2023, bankers and recruiters have said.
An electronic stock board in Tokyo on Thursday. Signs that deflation has ended are driving investors to bet ever more on Japan’s economic growth.
BUSINESS / Markets
Mar 23, 2024
Japan’s stock boom gets broader support than just exporters
Signs that deflation has ended are driving investors to bet ever more on Japan’s economic growth.
The Bank of Japan will decide whether to end its negative interest rate policy at its policy board meeting, which ends on Tuesday.
BUSINESS / Economy
Mar 18, 2024
BOJ’s Ueda faces decision time on rate hike
With the end of Japan's negative rate being a near certainty, the only question that remains is whether it comes on Tuesday or at the end of April.
Keidanren chief Masakazu Tokura addresses the Liberal Democratic Party's annual convention in Tokyo on Sunday.
BUSINESS / Economy
Mar 17, 2024
Japan business lobby chief hopes for government efforts to end deflation
The BOJ may end negative interest rates at its two-day monetary policy meeting through Tuesday, in what could be the first hike in 17 years.
The results of wage negotiations between companies and labor unions are written on a whiteboard at the office of the Japan Council of Metalworkers' Unions in Tokyo on Wednesday.
BUSINESS / Companies
Mar 15, 2024
Japan’s labor unions win big pay raises for members
The preliminary figure for the average hike stands at a 33-year high of 5.28%, according to Japan’s largest labor organization.
Results of spring wage negotiations are written on a board at an office of the Japan Council of Metalworkers' Unions in Tokyo's Chuo Ward on Wednesday.
BUSINESS / Economy
Mar 13, 2024
Major Japanese firms offering solid pay hikes for second year running
Several companies met or even exceeded labor union demands, raising the possibility the Bank of Japan will adjust monetary policy soon.
Zensho Holdings, the operator of Sukiya and other restaurant chains, will raise salaries of regular employees by 12.2% on average.
BUSINESS / Economy
Mar 12, 2024
Japan firms across sectors offer pay hikes of up to 12% in spring talks
Early wage deals with unions reflect a recovery in earnings from the worst of the COVID-19 pandemic as well as a sense of crisis over labor shortages.
Kazuo Ueda, governor of the Bank of Japan, speaks at a fintech summit in Tokyo on Tuesday.
Mar 8, 2024
Bank of Japan leaning toward exiting negative rates in March
Many BOJ policymakers are closely watching the outcome of big firms' annual wage negotiations with unions on March 13.
A march calling for gender equality in London in 2019. Women are still paid less than men for the same work, but real equality means more than just eliminating wage disparities.
Mar 8, 2024
A zero gender pay gap is the goal. But what happens next?
Eliminating the gender pay gap is vital, but it isn't the be-all and end-all. So much more needs to be done to achieve true equality at work and beyond.
Research from the International Monetary Fund suggests that gains from fully closing the gender gap in labor markets could increase gross domestic product in developing economies by 23% on average.
Mar 8, 2024
The economic power of gender equality
There is ample empirical research demonstrating that gender equality delivers better results for people, for the planet and for profits.
A representative from Honda's labor union submits a demand for spring negotiations to management last month in Tokyo.
BUSINESS / Economy
Mar 8, 2024
Japan Inc. set to offer bumper pay hikes, paving way for stimulus end
Economists see negotiations resulting in an average increase of around 3.9% in pay for union workers at major firms.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference in Sao Paulo in February.
Mar 7, 2024
BOJ bets swing toward March rate hike
Bets on the March 18-19 meeting are gaining traction.
The average demanded wage increase, including pay-scale hikes and regular raises, stood at ¥17,606 as of Monday, up ¥4,268 from around the same time last year.
Mar 7, 2024
Japan's average pay hike demands top 5% for first time in 30 years
It is the first time in 30 years for the average to exceed 5%, compared with past final survey results.


Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on