Tag - wages

 
 

WAGES

Japan Times
BUSINESS
Mar 15, 2023
BOJ debated feasibility of tweaking yield control in January, minutes show
The board also agreed inflation and wages could overshoot expectations, suggesting a phase-out of its massive stimulus remains on the cards when Kazuo Ueda takes over as governor.
Japan Times
BUSINESS
Mar 15, 2023
Why Japan's spring wage talks are a big deal this year
Every March, management of major Japanese firms meet with unions for wage talks across industries that set the tone for employees' pay in the new fiscal year.
Japan Times
BUSINESS
Mar 15, 2023
New Toyota CEO joins merit-based pay argument as inflation rises
Koji Sato, who will take over at the helm of the world’s largest carmaker next month, said the company’s goal is to become more innovative with its labor force, rather than just efficient.
Japan Times
SOCCER
Mar 10, 2023
Canadian women accuse soccer federation of disrespect in pay dispute
Record breaking goalscorer Christine Sinclair said she and her compatriots were 'forced to negotiate in the dark.'
Japan Times
BUSINESS
Mar 8, 2023
Wage hikes at Japan’s small firms closely watched for BOJ clues
It’s the salary decisions at smaller companies without unions that will indicate how widespread wage gains really are.
Japan Times
BUSINESS / Economy
Mar 7, 2023
Japan real wages slump most since 2014 despite government push for more pay
Real cash earnings for Japan’s workers declined 4.1% from a year earlier in January, slipping for a 10th consecutive month, suggesting Japan is still far from a virtuous economic cycle.
Japan Times
BUSINESS
Mar 4, 2023
Average pay hike demanded by unions in Japan tops 4%
Companies are apparently 'moving to invest in human resources' against a backdrop of rising prices and labor shortages, Rengo President Tomoko Yoshino said.
Japan Times
BUSINESS / FOCUS
Mar 2, 2023
After years of sluggish growth, are wage hikes finally gaining steam in Japan?
While bigger firms have been more inclined to raise pay amid high inflation and a labor shortage, whether or not this trend spreads to smaller companies is being closely watched.
Japan Times
BUSINESS
Mar 1, 2023
Japanese banking giants bump up graduate starting salaries in talent war
Wage hikes by Japanese companies are in the spotlight this year, as the possible exit of the central bank’s ultraeasy monetary policy hinges largely on sustained salary growth.
Japan Times
BUSINESS
Feb 24, 2023
The biggest earners may not be the smartest workers, study says
The study found that higher general intelligence was correlated to higher wages — but only up to a threshold of about 600,000 Swedish krona ($57,300) a year.
Japan Times
BUSINESS
Feb 22, 2023
Investors watch Japan’s spring wage talks for clues on BOJ moves
This year, the outcome of annual wage negotiations matters to bond investors, stock traders and anyone, really, with anything at stake in the country.
Japan Times
BUSINESS / Companies
Feb 22, 2023
Toyota agrees to biggest wage hikes in 20 years as momentum builds on raises
Wages have taken center stage in Japan, with the Bank of Japan having indicated that it must see stronger wage growth to ensure that the trend in prices is sustainable.
Japan Times
BUSINESS
Feb 22, 2023
Japan firms make a show of raising wages to tempt talent and stem brain drain
An official at an employers' group said any effort by individual companies in annual wage negotiations was unlikely to draw enough attention to aid recruitment.
Japan Times
BUSINESS / Economy
Feb 21, 2023
Hourly wage hikes may lead to labor shortages due to income thresholds
Hourly wage hikes are aimed at securing labor by improving working conditions, as well as helping workers cope with rising prices.
Japan Times
BUSINESS / Economy / Longform
Feb 20, 2023
Unpacking Japan’s great wage conundrum
With inflation running at a four-decade high, the world’s third-largest economy’s famously stagnant salaries are finally showing signs of rising. Can the momentum be sustained?
Japan Times
SOCCER
Feb 16, 2023
Canada women's coach 'proud' of team's stance during pay dispute
Canada women's team coach Bev Priestman says she is proud of her players taking a stance over equal pay and conditions but hopes the "draining" dispute with the Canadian Soccer Association (CSA) is resolved quickly.
Japan Times
BUSINESS / Economy / FOCUS
Feb 16, 2023
Annual wage talks in Japan closely watched amid price hikes
In negotiations, the labor union side is demanding large wage hikes to alleviate the pressure of higher living expenses as much as possible.
Japan Times
BUSINESS
Feb 15, 2023
Japanese automaker unions file major pay hike demands amid inflation
The requests also reflected a wish to attract capable personnel, as the industry is in a period of transformation marked by a shift to electric and autonomous vehicles.
Japan Times
SOCCER
Feb 15, 2023
Canada women's team threatens to boycott next camp over pay equity
The Canadian Soccer Association spent $11 million on its men’s program in 2021 but just $5.1 million on the women's team.
Japan Times
BUSINESS / Companies
Feb 8, 2023
Nomura to boost pay raises as workers face highest inflation since 1981
Nonmanagerial staff in their 20s and 30s at Japan's biggest brokerage will receive a slightly higher raise than the 6.2% average seen over recent years, the company said.

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’