Tag - wages

 
 

WAGES

BUSINESS
Dec 3, 2015
Japan unions plan to dial back wage demands by half
A labor group whose members include Toyota Motor Corp., Hitachi Ltd. and Panasonic Corp.'s unions said they will seek half the minimum wage increase in 2016 compared with its plans entering this fiscal year.
BUSINESS / Economy
Nov 30, 2015
BOJ chief repeats call to raise wages, says now is the time
Bank of Japan Gov. Haruhiko Kuroda on Monday called on companies to raise wages in line with the central bank's efforts to achieve 2 percent inflation, saying a suitable environment has already been established.
BUSINESS / Economy
Nov 24, 2015
Minimum wage to go up 3 percent to boost consumption
The Abe administration will raise the minimum wage by 3 percent each year starting next fiscal year as part of a package of policies aimed at strengthening consumer spending and stoking economic growth.
BUSINESS / Economy
Nov 10, 2015
Panel to urge sharp rise in higher minimum wage to help meet GDP goals
A government panel of representatives from academic and business sectors will call for a sharp hike in the minimum wage to boost nominal gross domestic product to ¥600 trillion within five years, sources close to the matter said Tuesday.
Japan Times
BUSINESS / Economy
Nov 9, 2015
Japan's regular wages increase for a seventh straight month
Regular wages in Japan rose for a seventh consecutive month as the government of Prime Minister Shinzo Abe presses businesses to boost salaries.
Japan Times
WORLD / Politics
Nov 4, 2015
Clinton renews gun control push, calls for federal minimum wage of $12
Democratic presidential candidate Hillary Rodham Clinton on Tuesday renewed her pledge to take on the powerful U.S. gun lobby, and also called for a $12 federal minimum wage.
BUSINESS / Economy
Sep 4, 2015
Japanese wages post 0.6% rise, steepest in a decade
Regular wages increased in July by the most in nearly 10 years, aiding Prime Minister Shinzo Abe's efforts to reflate the world's third-biggest economy.
BUSINESS
Aug 11, 2015
TPP will put profit ahead of people, force states to yield to investors, activists say
Labor activists worry that a U.S.-led free-trade deal under negotiation will prioritize corporate profits over workers' rights and pressure governments to bow to the will of investors.
Japan Times
BUSINESS / Economy
Jun 2, 2015
Wage growth outpaced inflation in April, first time in two years
Workers saw their wages increase faster than the cost of living in April for the first time in two years, as the impact of last year's sales-tax hike faded.
COMMENTARY / Japan
May 19, 2015
Bring Japan's talents to bear
The Japanese government should strive to stem the growth of irregular jobs, which deprive people of the opportunity to grow and prosper.
BUSINESS / Economy
May 19, 2015
Real wages fell 3% in fiscal 2014; largest drop on record
Japan's average monthly real wage plunged 3.0 percent in fiscal 2014, marking the largest fall on record and the fourth year of decline, as last year's consumption tax hike took its toll, the labor ministry said Tuesday.
BUSINESS / Companies
May 1, 2015
Resona group banks to give pay raises for first time in 20 years
Resona Holdings Inc. has decided to raise wages for workers in nonmanagerial posts at its banks by 1 percent or more on average from July in the first wage hike in 20 years, company officials said.
Japan Times
BUSINESS / Economy / ABENOMICS — THE BOTTOM LINE
Apr 7, 2015
'Abenomics' fails to get households spending
Data suggest the BOJ's massive quantitative easing has pushed the yen's value down, benefiting big firms and boosting stock prices, but when it comes to household budgets, it is a different story.
BUSINESS
Apr 3, 2015
To fuel economic recovery, Abe urges small, midsize firms to hike wages
Prime Minister Shinzo Abe on Thursday urged small and medium-size companies to raise wages to fuel economic recovery through expanded consumer spending.
Japan Times
BUSINESS / Companies
Mar 18, 2015
Major companies agree to hike pay scales; attention shifts to smaller firms
In a boost to Prime Minister Shinzo Abe's economic policies, major domestic firms say they will raise pay scales to conclude this year's spring wage talks.
ASIA PACIFIC
Mar 18, 2015
South Korean factory workers protest wage rise for North Korean colleagues
South Koreans working in a North Korean industrial complex have protested Wednesday following a decision to award their North Korean colleagues a wage increase.
BUSINESS / Economy
Mar 17, 2015
BOJ must adopt pay goal as deflation looms, price professor says
The Bank of Japan must take the unusual step of preventing a return to deflation, according to a professor at the University of Tokyo who tracks prices.
BUSINESS / Economy
Mar 5, 2015
Growth in Japan uneven, tied to population size: poll
Despite Prime Minister Shinzo Abe's focus on revitalizing regional economies, growth remains uneven across Japan — with the pace of recovery slow the past year in municipalities with smaller populations, a Kyodo News survey showed Wednesday.
BUSINESS / Economy
Mar 4, 2015
Workers getting smaller share of corporate earnings despite record profits
Millions of workers are taking home their smallest share of corporate income in two decades as companies build record cash hoards and fail to give the substantial wage raises that Prime Minister Shinzo Abe sees as critical to a durable economic recovery.
Japan Times
BUSINESS / Companies
Feb 26, 2015
Toyota likely to agree to bigger wage hike than last year
Toyota Motor Corp. will likely agree to a base-wage hike that will top last year's raise of ¥2,700 per month, sources close to the matter said, as the carmaker began annual pay talks with its labor unions.

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