Tag - wages

 
 

WAGES

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.
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 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 / Economy
Feb 4, 2015
Families hit as inflation outruns wage rises
Increases in the cost of living outpaced annual earnings that rose for the first time in four years in 2014 as the Abe administration sought to reflate the economy.
EDITORIALS
Jan 30, 2015
Higher wages can boost economy
The prospect of Japanese companies granting wage increases this spring appears mixed as the annual talks on wage hikes get under way between labor and management.
Japan Times
BUSINESS
Jan 22, 2015
Improved 'competitiveness' key to wage hikes, labor chief says
Restoring industrial competitiveness is the key to fueling wage gains that the Abe government and the central bank are counting on to ensure inflation takes hold, according to labor minister Yasuhisa Shiozaki.
Japan Times
BUSINESS / Markets
Jan 15, 2015
BOJ says minimum 1% gain in base wage needed for recovery: sources
Bank of Japan officials figure that average base wage gains of 1 percent are needed in the coming fiscal year to sustain the economy's emergence from two decades of stagnation, say sources familiar with central bank's discussions.
BUSINESS / Economy
Dec 18, 2014
Companies still hoarding cash despite pleas from Abe, Kuroda to spend
Two days after Prime Minister Shinzo Abe secured a pledge from Japan Inc. to do its best to boost wages to revive the world's third-biggest economy, data showed companies hoarding record amounts of cash.
BUSINESS / Economy
Nov 7, 2014
U.S. jobless claims, wages data point to tightening market
The number of Americans filing new claims for unemployment benefits fell more than expected last week and compensation accelerated in the third quarter, in the latest signs of tightening labor market conditions.
BUSINESS / Economy
Aug 20, 2014
Skepticism over Abe's inflation goal grows as price gauge retreats
Traders are growing more skeptical Prime Minister Shinzo Abe will achieve his 2 percent inflation target after a sales tax increase derailed growth.
Japan Times
BUSINESS / Economy
Jul 31, 2014
June wages in Japan rose less than forecast in risk to spending
Wage growth slowed in June, highlighting the risk to consumer spending as inflation squeezes household budgets.
JAPAN / Society
Jul 11, 2014
Japanese firms near crisis point as labor shortage deepens
Japan's labour shortage is nearing crisis in some key industries as it spreads from construction to services, curbing companies' operations, pushing up wages and potentially crimping a tentative recovery in the world's third-largest economy.
Japan Times
BUSINESS / Companies
Mar 27, 2014
SMBC ups pay for first time in 19 years
Sumitomo Mitsui Financial Group Inc.'s lending unit has agreed to raise salaries for the first time in 19 years as an economic recovery spurs profit at Japan's second-largest bank by market value.
BUSINESS / Companies
Mar 4, 2014
Union cites 'big gap' with Toyota in wage negotiations
Toyota Motor Corp. and its workers' union are far apart over wages and bonuses, the labor group's chairman said Tuesday.
BUSINESS
Mar 4, 2014
Base salaries up for first time in 22 months in January
Salaries increased for the first time in nearly two years in January as companies boosted pay for part-timers, aiding Prime Minister Shinzo Abe's effort to end 15 years of deflation.
BUSINESS / JAPANESE PERSPECTIVES
Feb 22, 2014
Return of shunto is hollow triumph for unions
Shunto is in full swing. Or so it should be. Or so they say. Shunto is the Japanese word for the annual spring round of wage negotiations conducted between big business and trade unions. This "spring offensive" used to feature large in the annual economic calendar. As the deflationary 1990s and beyond...
BUSINESS
Feb 20, 2014
Toyota regards union demand for wage increase as 'surprisingly high'
Toyota Motor Corp., the nation's largest manufacturer and employer, says the wage increases labor unions have demanded going into annual negotiations this year are "surprisingly high."
BUSINESS
Jan 7, 2014
Business leaders call on firms to hike pay
In line with Prime Minister Shinzo Abe's campaign to break the grip of deflation through aggressive economic policies, business leaders on Tuesday called on companies to hike wages.
BUSINESS / Economy
Jan 6, 2014
Arrival of 'bad inflation' trend bodes ill for Japan's rebound
Price increases are prompting Japanese shoppers to buy less mayonnaise, showing the fragility of any economic rebound unless wages keep up with living costs.

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