Tag - wages

 
 

WAGES

Japan Times
BUSINESS / Economy
Oct 8, 2021
Japan's household spending falls as COVID-19 curbs sap economic recovery
The latest data bodes ill for new Prime Minister Fumio Kishida's efforts to revitalize the pandemic-hit economy and distribute more wealth to households through higher wages.
BUSINESS
Oct 6, 2021
‘Kishida Shock’ hits Japan's markets with investors wary of redistribution plans
The hashtag 'Kishida Shock” trended on Twitter, as the 225-issue Nikkei Stock Average was set to extend its losing streak to an eighth day.
Japan Times
BUSINESS
Sep 30, 2021
Kishida wants to succeed where past PMs failed by actually raising wages
The presumptive prime minister has taken aim at Japan's neoliberal economic policies, but he will need to build up political capital to actually make headway.
Japan Times
BUSINESS / Economy
Sep 14, 2021
Amazon hikes starting pay to $18 an hour as it hires for 125,000 more logistics jobs
Most new hires will help run 100 new logistics facilities in the United States, on top of more than 250 that opened earlier this year.
Japan Times
BUSINESS
Jul 5, 2021
Pandemic adds to uncertainty around Japan's minimum wage hikes
Suga is aiming to achieve an average u00a51,000 hourly minimum wage as soon as possible, but businesses, citing the coronavirus, are loudly opposing the move.
Japan Times
BUSINESS
Jun 1, 2021
COVID-19 trauma has changed economics — maybe forever
The 2008 crash triggered a rethink, but the framework in place since the 1980s emerged relatively intact. The pandemic then cast those conventions aside around the world.
Japan Times
BUSINESS / Companies
May 27, 2021
SoftBank’s top eight executives made $64 million after record profits
Simon Segars, who heads the company's chip unit Arm Ltd., topped the list with a $17 million paycheck in the year ended March 31.
BUSINESS
Apr 23, 2021
Suga's push to raise minimum wage faces uphill battle amid pandemic
There is stiff opposition to the plan from small and midsize firms worried about their survival, and from ruling party lawmakers fearing a political backlash.
Japan Times
BUSINESS / Companies
Apr 20, 2021
SoftBank’s $120 million Norway deal taps value of high-cost labor
The Asian giant's investment model in the Nordics suggests a cheap workforce isn't the competitive parameter it once was.
Japan Times
COMMENTARY / World
Mar 24, 2021
Who helps pay Amazon’s low-wage workers? Americans do.
Amazon can afford to lift its workers out of poverty, so why does it rely on taxpayers to fill in the blanks?
BUSINESS
Mar 17, 2021
Corporate Japan offers lowest pay rises in eight years
The annual wage talks serve as a barometer of corporate strength and household purchasing power.
BUSINESS / EXPLAINER
Mar 5, 2021
Japan may soon allow wage payouts in digital cash. What will that look like?
The government is looking to introduce an option that will allow people to have their salaries transferred to smartphone virtual wallets.
Japan Times
COMMENTARY / World / Beyond COVID-19
Jan 5, 2021
A post-COVID labor revival?
As millions of people actively seek work in 2021, many will find that employers increasingly have the upper hand, particularly in the United States.
Japan Times
BUSINESS / Economy
Dec 9, 2020
Japan firms' winter bonus payments face biggest fall since 2009, Nikkei survey says
The drop would exceed the 5.37% decline in summer bonus payments, according to the Nikkei, showing how the strain on corporate profits from the pandemic is spreading to households.
Japan Times
JAPAN / Society
Nov 28, 2020
A job for life, or not? A class divide deepens in Japan.
Recent court rulings threaten to further entrench the long-standing divide between so-called regular workers and the growing ranks of nonregular workers, many of whom are women.
Japan Times
BUSINESS / Economy
Nov 19, 2020
Japan’s top union federation to demand wage raises despite pandemic
Rengo chief Rikio Kozu has indicated he'll push for a 4% wage increase, including base pay.
Japan Times
JAPAN / Society / Regional Voices: Hiroshima
Aug 21, 2020
Foreign trainees in Hiroshima face illegal hours and unpaid overtime
Fewer Japanese people want to work in sewing jobs, one industry insider said.
Japan Times
BUSINESS / Economy
Aug 12, 2020
China’s recovery threatened by surging prices and stagnant wages
First the pandemic and now floods are slashing the spending power of Chinese households this year, as stagnant incomes and rising costs undermine the strength of the domestic recovery.
Japan Times
BUSINESS / Companies
Jun 18, 2020
Majority of Japan firms cutting jobs and pay to survive pandemic
Over half of the respondents criticized the government's response, dashing hopes for a solid recovery.
BUSINESS
Jun 17, 2020
Summer bonuses at major Japanese firms down 6%
The average bonus at major Japanese companies this summer will fall 6.0 percent from a year before to ¥925,947 due to the coronavirus pandemic and a slowdown in the global economy, the Japan Business Federation, or Keidanren, said in a preliminary survey report Wednesday.

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building