Japanese firms in Thailand plan average 4.0% wage hike, down 0.2 points
Japanese firms operating in Thailand are planning to offer an average 4.0 percent wage hike this year, down 0.2 percentage point from the previous year's actual rate, an annual NNA survey showed. Of 477 respondents, 381, or 79.9 percent, said they plan to raise salaries. ...
Abe and Bank of Japan's Kuroda apply more pressure on firms to raise wages
Prime Minister Shinzo Abe and Bank of Japan Gov. Haruhiko Kuroda piled pressure on the country's business leaders Thursday, urging them to lift wages to help boost the economy. For the seventh straight year, Abe told a year-end gathering of business lobby Keidanren he hoped ...
Toyota union to propose merit-based pay-raise system as seniority model faces scrutiny
The union’s policy is widely used as a standard-setter for annual wage negotiations across Japan each spring.
Japan big firms pay record winter bonuses for second straight year
The average winter bonus for workers at major Japanese businesses rose 1.77 percent from a year earlier to a record ¥951,411 this year, a survey showed Wednesday. Bonuses agreed to in labor-management negotiations hit a record high for the second straight year thanks to strong ...
Japanese labor union federation to demand minimum hourly wage of ¥1,100
In talks slated to begin next month, Rengo will seek to narrow the wage disparity between regular and nonregular workers as well as between small and large firms.
Colombians march to keep wages and pensions intact as government warns against violence
Colombian unions, student groups and other protesters were marching on Thursday to insist the government maintain the minimum wage for young people and the universal right to a pension, even though the government says those are not part of reform plans. As tens of thousands ...
Questions over raising minimum wages
The adoption of a social security policy for the purpose of a competition policy must be avoided.
Japan union federation to demand minimum wage of ¥1,100, up from current average of ¥901
Japan's largest labor organization is set to seek a hike in the average hourly minimum wage at annual negotiations with employers next year in a bid to narrow wage gaps, sources close to the matter have said. The Japanese Trade Union Confederation, known as Rengo, ...
Maduro hikes Venezuela's minimum wage again, this time by 275% in face of 50,100% inflation
Venezuelan President Nicolas Maduro ordered a 275 percent increase in the monthly minimum wage on Monday, the third hike this year, as hyperinflation drains the value of workers' salaries. The minimum wage rose to 150,000 bolivars ($8) from 40,000, lawmaker Francisco Torrealba, a former labor ...
Worker shortage eating into Japanese day care centers' profits, survey shows
The profitability of private preschools, nurseries and certified day care centers plummeted from fiscal 2016 to in fiscal 2018, a Cabinet Office survey has found. The drop is believed to be the result of rising labor costs caused by the shortage of child care workers. Profit ...
Japan's household spending rises for ninth month but wages fall
Household spending rose for the ninth straight month in August, offering some relief for Japan's export-dependent economy amid weak global demand and the protracted U.S.-China trade war. But separate data released Tuesday showed wages fell for the eighth consecutive month, pointing to further strains on ...
Japan eyes hike in starting pay for SDF members as recruitment numbers falter
The Defense Ministry is considering an increase to the starting pay for Self-Defense Forces members from fiscal 2020, which begins in April next year, according to sources. The ministry aims to narrow the wage gap between SDF members and police officers in a bid to ...
