Tag - wages

 
 

WAGES

Some of the most popular influencers can amass small fortunes before they're 18, but there are few legal protections to ensure their earnings remain their own.
BUSINESS / Companies
Oct 12, 2023
Child influencers make big money. Who gets it?
"I’m terrified to share my name because a digital footprint I had no control over exists."
Signage for Japan's top banks, MUFG Bank, Mizuho Bank and Sumitomo Mitsui Banking in Tokyo.
BUSINESS / Companies
Oct 12, 2023
Japan’s top banks pay women about half of what men earn
The country has a relatively high labor participation rate for women, but many of the positions they occupy have little prospect of better pay.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference at the central bank's headquarters in Tokyo in September.
BUSINESS / Economy
Oct 9, 2023
Wage hikes key for BOJ policy normalization
Wage growth trends during next year's spring labor-management negotiations will be closely watched for indicators.
The Bank of Japan headquarters in Tokyo. BOJ officials responded in July to upside risks to inflation by essentially raising the upper limit for 10-year bond yields, in the first surprise move under Gov. Kazuo Ueda.
BUSINESS
Oct 6, 2023
BOJ may review easing and guidance this month, ex-official says
The central bank faces a recent rise in yields, the yen’s slide and inflation consistently coming in stronger than expected.
Japan's real wages in August declined for a 17th straight month, as persistent price hikes continued to outpace salaries.
BUSINESS
Oct 6, 2023
Japan's slower-than-forecast wage growth supports BOJ caution
Nominal cash earnings for workers rose 1.1% from the previous year, matching the revised figure from the previous month.
Members of the United Auto Workers pickett outside of the Michigan Parts Assembly Plant in Wayne, Michigan, on Tuesday.
BUSINESS / Companies
Sep 27, 2023
Japanese automakers stand to gain from Detroit’s labor strike
Many firms receive a large percentage of their overall revenue from U.S. markets, so the labor action there may give a tailwind to Japanese carmakers.
Prime Minister Fumio Kishida in New York on Wednesday
BUSINESS / Economy
Sep 25, 2023
Kishida outlines new economic measures for 'sustainable wage growth'
Some of the measures are intended to raise earnings by easing workers’ concerns about so-called annual income barriers.
The new invoice system, which goes into effect Oct. 1, is forcing many freelancers in Japan to choose between raising their prices or suffer a 10% loss in revenue.
COMMUNITY / How-tos
Sep 25, 2023
Freelancers aren’t happy with Japan’s new invoice system
For many freelancers and small businesses, the result will amount to a 10% increase in taxes.
Bank of Japan Gov. Kazuo Ueda during a news conference at the central bank's headquarters in Tokyo on Friday
BUSINESS / Economy
Sep 22, 2023
BOJ maintains its dovish monetary easing amid policy speculation
Comments by Gov. Kazuo Ueda in an interview earlier this month had sparked speculation that the BOJ might move to change policy at an earlier date.
Prime Minister Fumio Kishida speaks during a news conference last Wednesday following a Cabinet reshuffle.
BUSINESS / Economy
Sep 20, 2023
Kishida may reveal priority areas for economic package next week
The size of an envisaged fiscal 2023 state supplementary budget to finance the economic measures will be a major focus, informed sources said.
A United Auto Workers (UAW) union member holds a sign to mark the beginning of contract negotiations in Sterling Heights, Michigan, in July.
BUSINESS / Economy
Sep 17, 2023
U.S. auto talks at 'critical phase' as political pressure grows
Workers at all Big Three automakers are coordinating for the first time, with demands such as a 40% pay increase over a four-year contract.
Former Spanish football federation chief Luis Rubiales' forced kiss on player Jenni Hermoso drew global protests from women's rights advocates.
SOCCER
Sep 12, 2023
Luis Rubiales quits, but women’s soccer in Spain is still troubled
Even after the federation chief's resignation over his forcible kiss of a player, pay disputes are threatening to disrupt domestic leagues.
BUSINESS / Economy
Sep 11, 2023
Economists question the wisdom of Kishida's new minimum wage target
Japan aims to lift the minimum wage to ¥1,500 by the mid-2030s, but macroeconomic factors could undermine that target.
The average for summer bonuses this year was slightly higher than the ¥845,453 in 2019, before the COVID-19 pandemic, and trailed only the ¥870,731 in 2018, the labor ministry said Friday.
BUSINESS / Economy
Sep 9, 2023
2023 summer bonuses second-highest on record in Japan
Bonuses at major Japanese companies this summer averaged ¥845,557, up 1.59% from a year before, the labor ministry has announced.
The total value of unpaid household tasks was ¥111 trillion for women and ¥32 trillion for men in 2021, according to a recent Cabinet Office report, indicating the amount of men's work around the home is less than a third of what women do.
BUSINESS / Economy
Sep 4, 2023
Japanese women are missing out on ¥111 trillion in unpaid wages
A recent report has highlighted both the wage gap between men and women, as well as the sheer amount of uncompensated work that gets done in Japan.
BUSINESS / Economy / ANALYSIS
Sep 1, 2023
Extended gasoline subsidy risks harming Japan's net-zero efforts
The politically tricky decision on ending the program could hamper the shift to EVs and efforts to reach climate change goals.
Over the last decade, the attention given to falling income and wealth inequality has been tiny, creating a view of the issue that may be seriously out of date.
COMMENTARY / World
Aug 29, 2023
We should concentrate on fighting poverty, not income inequality
Wealth inequality has recently gone down in the U.S. and the West, and the decline has been going on for the better part of the last decade.
The Bank of Japan's headquarters in Tokyo
BUSINESS
Aug 25, 2023
Financial expert warns against delay in BOJ policy shift
Izuru Kato predicted that the BOJ will likely raise its short-term policy rate from below zero in "January or April next year."
Spain players celebrate with the trophy after winning the World Cup in Sydney on Sunday.
SOCCER / Women's World cup
Aug 22, 2023
Success of Women's World Cup can't hide financial gap with men
The 2023 World Cup buoyed hopes that the women's game can start to bridge the yawning financial gap.
Spanish midfielder Alexia Putellas (left) battles for the ball against English forward Lauren James during in the final of the 2023 FIFA Women's World Cup in Sydney on Sunday. Spain won the match 1-0.
COMMENTARY / World
Aug 22, 2023
FIFA boss should read the pitch on women’s pay
More than 2 billion people are expected to have tuned in. About 2 million attended matches in person. Both records. The FIFA Women’s World Cup generated more than $570 million to break even.

Longform

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