Tag - wages

 
 

WAGES

BUSINESS
Mar 14, 2018
Japan's big firms to raise wages, but figures fall short of Abe's 3% target
Big Japanese companies agreed Wednesday to raise wages for a fifth year, but many are expected to fall short of meeting Prime Minister Shinzo Abe's 3 percent goal, adding to doubts the central bank will be able to hit its consumer price target.
Japan Times
BUSINESS / Companies
Mar 7, 2018
Why isn't Toyota boosting Japan's inflation? A crisis nearly seven decades ago may be the key
At a New Year's party, Prime Minister Shinzo Abe made a plea to business leaders: Raise wages by 3 percent to support Japan's economy. The request was met with a polite silence. "Let me take that as no objection," the prime minister said.
Japan Times
BUSINESS
Mar 6, 2018
Convenience-store squeeze shows deflationary dilemma facing Bank of Japan
Takanori Sakai works the graveyard shift four nights a week at the FamilyMart store he owns in Himeji, Hyogo Prefecture, because he can't afford the higher pay employees demand these days.
Japan Times
BUSINESS
Feb 26, 2018
Competition for new college graduates pushes up pay at Japan's securities firms
Major brokerages are set to raise pay for newly hired college graduates this year as competition for talent intensifies, amid a rebound in retail business and a chronic labor shortage.
Japan Times
BUSINESS
Feb 21, 2018
Walmart's bruising battle with Amazon saps its 4Q results
Walmart is getting bruised in its battle with online leader Amazon.
Japan Times
BUSINESS
Feb 20, 2018
Over half of Japan firms have no plans to raise base pay this year
More than half of Japan's companies do not plan to raise base pay in annual wage talks in coming months, a setback for Prime Minister Shinzo Abe and Keidanren, who have called for wage rises of 3 percent to fuel an economic revival.
Japan Times
BUSINESS / Economy / ANALYSIS
Feb 16, 2018
Tax incentive tweak to raise Japan's wages expected to have limited appeal
On the surface, it looks like an attractive deal: Raise your workers' pay by 3 percent and your company qualifies for a substantial tax break.
EDITORIALS
Feb 12, 2018
Job security for irregular workers
Businesses should stop viewing irregular workers as disposable assets.
BUSINESS
Feb 9, 2018
Japan's business execs paid less than regional counterparts, study says
Japanese executives receive lower pay than their counterparts in other parts of Asia and those seeking to change jobs increasingly cite money as their main motivation, according to studies by a recruitment firm.
Japan Times
BUSINESS / Companies
Jan 6, 2018
Japanese firms seen buckling on Abe's request for 3% wage hikes
Japan Inc. shows signs of bending to Prime Minister Shinzo Abe's call for wage hikes as the government cooks up legislation to cut corporate taxes this year.
Japan Times
BUSINESS / Economy
Dec 27, 2017
Five years of Abenomics: The good, the bad and the sluggish
Five years since Shinzo Abe came to power, the economy is much stronger, but still falls short of the revolution he pledged to deliver.
Japan Times
BUSINESS / Economy
Dec 26, 2017
Workers in Japan may see 1% pay raise in 2018 as labor crunch intensifies
Workers will see a 1 percent increase in their total earnings next year, the most since 1997, as rising profits and the tightest labor market in decades add upward pressure on pay, a Bloomberg survey shows.
BUSINESS / Companies
Nov 13, 2017
Japan's cash-rich companies ready to spend reserves on M&As, but not wages: poll
Japanese companies are warming to mobilizing their mountains of accumulated cash for mergers and acquisitions but remain stubbornly resistant to wage increases, a poll showed on Monday.
BUSINESS
Nov 1, 2017
In Japan, wages stubbornly refuse to rise despite tight labor market and steady economic growth
Japan is discovering that even the tightest labor market in a generation is no quick spur for higher wages.
COMMENTARY / World
Oct 31, 2017
Why economic growth is no longer enough
Gains in capital productivity are not being translated into higher median incomes — a breach of the social contract on which liberal economies rest.
Japan Times
LIFE / Food & Drink
Oct 14, 2017
Shake Shack experiments with automated order kiosks in U.S.
Beloved burger chain Shake Shack recently announced plans to use automated kiosks in lieu of employees to take orders at its new Astor Place location in New York.
Japan Times
BUSINESS
Sep 3, 2017
Tight market and new labor law improving job security for Japan's army of contract workers
Japan's labor market is getting so tight that companies are starting to convert contract and part-time workers into full-time, regular employees to prevent them from leaving — a move that could lift wages and spending but squeeze profits.
Japan Times
BUSINESS / Economy / FOCUS
Jul 25, 2017
Wages shape up as key to Abenomics and the future of Abe himself
To shore up his ailing administration, Shinzo Abe is vowing to focus on the economy. But instead of unleashing yet more stimulus, analysts say the prime minister needs to take a hammer to an old chestnut: moribund wage growth.
BUSINESS / YEN FOR LIVING
Jun 9, 2017
With stagnant minimum wage, a 'decent life' is out of reach
One of the bedrock principles of market economics is that as demand for labor goes up, so do wages. Lately, there has been evidence that this idea may no longer be true.
BUSINESS
Mar 15, 2017
Workers at top companies get meager 2017 pay hikes in Abenomics setback
Major firms offered the lowest base-pay hike in four years, a setback for Prime Minister Shinzo Abe's campaign dubbed “Abenomics” to spur the long-sluggish economy.

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