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July 16, 2024
 

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WAGES

The income gap remained wide among Japanese households in 2021, but the labor ministry said measures to keep unemployment low helped prevent the gap from widening further.
JAPAN
Aug 23, 2023
Japan's household income gap neared record high amid pandemic
A key parameter for measuring income inequalities, known as the Gini coefficient, came to 0.5700, worsening 0.0106 point from the previous study in 2017.
Spanish midfielder Alexia Putellas (left) battles for the ball against English forward Lauren James during in the final of the 2023 FIFA Women's World Cup in Sydney on Sunday. Spain won the match 1-0.
COMMENTARY / World
Aug 22, 2023
FIFA boss should read the pitch on women’s pay
More than 2 billion people are expected to have tuned in. About 2 million attended matches in person. Both records. The FIFA Women’s World Cup generated more than $570 million to break even.
Spain players celebrate with the trophy after winning the World Cup in Sydney on Sunday.
SOCCER / Women's World cup
Aug 22, 2023
Success of Women's World Cup can't hide financial gap with men
The 2023 World Cup buoyed hopes that the women's game can start to bridge the yawning financial gap.
Members of the Japanese Trade Union Confederation, commonly known as Rengo, raise their fists as they cheer during their annual May Day rally to demand higher pay and better working conditions, in Tokyo, in April.
BUSINESS / Economy
Aug 19, 2023
Japan eyes expanding tax breaks for firms raising wages
The industry ministry will include plans to expand the program in its tax system reform proposal for fiscal 2024, which starts next April.
A meeting is held in Tokyo on July 28 to decide on the recommended minimum wages.
BUSINESS
Aug 18, 2023
Some minimum wage hikes in Japan to top government recommendation
The new minimum wages for fiscal 2023, which began in April, will take effect in stages beginning Oct. 1.
More investors in the Tokyo stock market are beginning to see higher pay as a useful barometer of a company’s strength.
BUSINESS / Markets
Aug 18, 2023
Stock pickers cheer for wage hikes in post-deflationary Japan
A group of companies that raised wages higher than many of their peers has outperformed the Topix index by 5 percentage points so far this quarter.
Japanese companies are increasingly introducing performance-linked stock compensation for their CEOs, boosting what’s been the lowest level of top executive pay among major advanced economies.
BUSINESS / Companies
Aug 17, 2023
More Japan firms link CEO remuneration to long-term performance
Japanese firms have historically relied more on fixed remuneration not linked to business performance.
The image of schools as exploitive workplaces where labor regulations are habitually flouted is seen as the biggest factor putting off job applicants for teaching positions.
JAPAN / Society
Aug 14, 2023
Japan panel weighs raising overtime pay for teachers
The government is set to discuss an increase in overtime pay for teachers in a bid to compensate them for long working hours and attract new applicants.
People board a shinkansen at Tokyo Station on Friday
BUSINESS / Economy
Aug 11, 2023
Holidaymakers to boost spending as Japan growth at tipping point
It is a mixed bag for Japan as everyday goods have become much pricier, but pent-up demand has aided private consumption.
Australia's Matildas have led the way in urging FIFA to provide equal compensation to men's and women's teams competing at World Cups.
SOCCER / Women's World cup
Aug 9, 2023
Unions gain momentum as World Cup women push for pay parity
Though the disparity is still great, women's soccer players have won better deals that have changed the playing field in recent years.
Nominal cash earnings for workers in June rose 2.3% from the previous year, decelerating from a revised 2.9% clip in the previous month.
BUSINESS / Economy
Aug 8, 2023
Wage growth slowed in June, boosting case for BOJ to hold firm
The unexpected slowdown suggests the labor market may be losing some steam, and clouds prospects for the Bank of Japan’s sustainable inflation goal.
Yuko Kawamoto, president of the National Personnel Authority, hands a proposal to Prime Minister Fumio Kishida at the prime minister's official residence in Tokyo on Monday.
BUSINESS
Aug 7, 2023
Agency backs largest pay rise for Japan's civil servants in 26 years
It has been suggested the monthly salaries of general civil servants be raised by an average 0.96%, a big increase from the 0.23% in fiscal 2022.
Commuters in Tokyo in March. Japanese women are paid on average around 67% the salaries of men, according to a report based on around 2,000 firms’ financial statements, compiled by advisory firm Willis Towers Watson and others this month.
BUSINESS
Jul 29, 2023
Investors see need for more gender pay data in Japan
Some firms have disclosed pay gaps according to different job levels, but most are revealing the minimum amount of information necessary.
Members of a labor ministry panel on wages meet in Tokyo on Friday.
BUSINESS / Economy
Jul 28, 2023
Japan’s average minimum wage set to top ¥1,000
With the government eager to create a healthy cycle of pay and price increases, the minimum wage panel suggested a record 4.3% hike from the current average of ¥961.
Rengo members cheer during their annual May Day rally to demand higher pay and better working conditions, in Tokyo on April 29.
BUSINESS
Jul 21, 2023
Japanese unions urge employers to continue wage hikes next year and beyond
Rengo made the demand as it reviewed the results of its annual spring wage talks that concluded earlier this month, which saw major companies agree to the largest raises in 30 years.
Haruhiko Aoyama (left), one of the plaintiffs of a lawsuit over significant base pay cuts after reaching the retirement age and being reemployed, speaks to reporters in Tokyo Thursday following a ruling by the Supreme Court.
JAPAN
Jul 21, 2023
Japan top court sends back reemployment pay case
In the lawsuit, the male plaintiffs have demanded that their employer pay the difference between what they were paid before and after the retirement age.
Some economists hope the labor ministry panel will make an annual average minimum wage proposal of above ¥1,000 this week.
BUSINESS / Economy
Jul 23, 2023
The average minimum wage may top ¥1,000 this year. But is that enough?
Aside from the symbolic hurdle, a more substantial issue remains: Will momentum for wage hikes from this spring continue or will it be short-lived?
Japan Times
BUSINESS
Jul 10, 2023
BOJ highlights broadening wage and price hikes in report on regional Japan
In a quarterly report, the central bank also said some firms were considering raising the prices of their goods and services to guard against the prospect of rising labor costs.
Japan Times
BUSINESS
Jul 7, 2023
Bank of Japan deputy chief doesn't anticipate rate hikes in near future
The deputy also said 'rapid and one-sided' yen weakening is not desirable and the BOJ will coordinate closely with the government, adding to recent warnings by Japanese authorities.
Japan Times
BUSINESS
Jul 7, 2023
Japan's wage growth doubles estimates, feeding BOJ speculation
Nominal cash earnings for Japan’s workers rose 2.5% in May from the previous year, the labor ministry reported Friday.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

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