Big Japanese firms offer smaller wage hikes as economy wobbles

Business Mar 13, 2019

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 ...

Japanese electronics makers agree on ¥1,000 pay-scale hike

Business Mar 9, 2019

Japanese electronics makers agree on ¥1,000 pay-scale hike

Six major Japanese electronics makers and their labor unions have effectively agreed on a pay-scale increase of ¥1,000 per month this year, sources said Saturday. In their shuntō spring wage negotiations, the labor unions are calling on the management side to increase the pay scale ...