Tag - wages

 
 

WAGES

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.
Japan Times
BUSINESS / Economy
Feb 7, 2023
Real wages rebound in December on bonuses and household spending falls
Japan's real wages rose 0.1% in December from a year earlier, posting the first gain since March, a labor ministry data showed on Tuesday.
Japan Times
BUSINESS / Economy
Feb 4, 2023
Younger Japanese hit harder by inflation, with 'excess' savings no savior for consumption
Inflation at home and recession fears about the global economy are casting a pall over the world's third-largest economy, which unexpectedly shrank in the July-September quarter of 2022.
Japan Times
BUSINESS / Economy
Feb 2, 2023
BOJ decisions on policy change hinge on Japan’s inflexible wage dynamics
Current Bank of Japan Gov. Haruhiko Kuroda has insisted that the bank's ultraloose policy must continue until there are signs inflation can be sustained by stronger pay gains.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Aeon to raise wages for part-time staff by 7% on average as inflation bites
With the large wage hike, Aeon aims to maintain the standard of living of its part-timers amid soaring prices and boost its productivity by securing skilled workers.
Japan Times
WORLD
Feb 1, 2023
Half a million strike in U.K.'s largest walkout in 12 years
Teachers and train drivers were among the groups to act, as well as border force workers at British air and seaports.
Japan Times
BUSINESS / Companies
Jan 31, 2023
Japan firms step up efforts to attract skilled staff as inflation and labor crunch bite
As annual shuntō labor talks enter full swing, both labor and management are asking firms to offer pay hikes to cushion consumer inflation, which hit a 41-year high of 4% in December.
Japan Times
BUSINESS / Economy
Jan 29, 2023
One-third of Japan's small and midsize firms intend to hike pay, survey finds
Some 34% of respondents said they are willing to offer wage hikes, including companies that have already raised wages, according to the survey by Daido Life Insurance Co.
Japan Times
BUSINESS
Jan 28, 2023
Global central banks preaching on pay are enforcing squeeze, too
Central bankers trying to ensure that surging consumer prices don’t feed yet more inflation are doing what they can to keep their own houses in order.
Japan Times
COMMENTARY / Japan
Jan 27, 2023
Begging Japanese companies to hike wages is not the answer
Japan’s prime minister is asking employers to pay workers more. He should make the market do that instead.
Japan Times
EDITORIALS
Jan 27, 2023
Japan’s future depends on empowering women. The record isn’t encouraging
Japan's shrinking population is in part due to women who are marginalized in the workforce and unhappy with their life choices.
Japan Times
BUSINESS / Economy
Jan 26, 2023
BOJ policymakers divided on wage and inflation outlook, meeting summary shows
The divergence in views highlight the challenge policymakers face in determining whether the recent cost-driven rise in inflation will shift to one backed by robust demand and higher wages.

Longform

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