Tag - wages

 
 

WAGES

Japan Times
BUSINESS
Jul 5, 2023
Japanese firms offer biggest pay hikes in 30 years as wage growth broadens
A total of 5,272 unions affiliated with Rengo showed an average pay hike of 3.58%, or ¥10,560 per month, the biggest increase since the 3.9% seen in 1993.
Japan Times
BUSINESS
Jun 30, 2023
Top auto executives in Japan are paid a lot, but not as much as their U.S. counterparts
Japan boasts some of the world’s biggest carmakers, but pay packages for their executives pale in comparison to industry leaders in the United States.
Japan Times
BUSINESS
Jun 28, 2023
Japan's mega-bank CEOs paid less than global peers despite near-record profits
Japanese companies have traditionally seen compensation as a reward for rising successfully through the ranks, while paychecks elsewhere tend to reflect performance.
Japan Times
BUSINESS
Jun 12, 2023
BOJ’s Ueda likely to hold with bond market on his side for now
Gov. Kazuo Ueda has repeatedly signaled his intention to take time before making any major changes to the central bank’s stimulus.
Japan Times
BUSINESS / Economy
Jun 8, 2023
Japan to focus on keeping wage hike momentum and ending crisis-mode spending
For Japan to keep its wage hike momentum, the economic and fiscal policy blueprint stresses the importance of pursuing three trends in the labor market.
Japan Times
BUSINESS / Economy
Jun 6, 2023
Weak Japan wage results offer little for Kishida or BOJ
Real cash earnings for Japan’s workers dropped 3.0% from a year earlier in April, slipping for the 13th month as overtime pay showed weakness.
Japan Times
BUSINESS
Jun 4, 2023
Japan eyes being core of global supply chains for key goods
The goal is included in a draft of the government's annual economic and fiscal policy guidelines.
Japan Times
BUSINESS
May 26, 2023
BOJ’s Ueda says wages aren’t the goal as he keeps speculators in dark
The remarks leave room for the bank to be nimble about how and when it will be convinced about the prospect of price gains.
Japan Times
COMMENTARY / World
May 25, 2023
How the U.K. became a terrible place to be a doctor
The U.K. trains too few doctors and then rewards them with low pay and poor working conditions, causing many to look for jobs overseas.
Japan Times
BUSINESS / Economy
May 23, 2023
Japan's fiscal 2022 real wages fall most in eight years as inflation bites
The drop was the biggest yearly decline since fiscal 2014 when the sales tax hikes stoked broader increases in prices and pushing real wages down by 2.9%.
Japan Times
BUSINESS
May 17, 2023
Japan’s better-than-expected growth keeps early poll on table
The stronger-than-forecast reading may keep speculation simmering of a possible early election and changes to central bank policy.
Japan Times
BUSINESS
May 15, 2023
Japan's top economic officials debate whether sustained exit from deflation is near
With inflation accelerating globally and wage growth picking up in Japan, discussions also touched on the desirable timing to end the Bank of Japan's ultraloose monetary policy.
Japan Times
BUSINESS / Economy
May 9, 2023
Spending in Japan unexpectedly drops as wages fall for a full year
Household spending fell 1.9% in March from a year earlier, the data showed, against economists' median forecast for a 0.4% rise and following a 1.6% gain in February.
Japan Times
CULTURE / Entertainment news / Focus
May 5, 2023
Hollywood insiders predict writers' strike to drag on through summer
The dispute represents a clash between writers, who see themselves working more but earning less in the streaming era, and studios attempting to rein in costs.
Japan Times
BUSINESS
May 2, 2023
Hollywood writers go on strike, halting production
The dispute, which pits 11,500 television and screenwriters against the major studios, has shattered 15 years of labor peace in the entertainment business.
Japan Times
BUSINESS / ANALYSIS
May 1, 2023
Inflation and labor crunch prodding Japan's smaller firms to raise pay
Wages have barely risen in Japan since the asset bubble burst in the 1990s but have crept up recently, as companies face pressure to compensate employees for the rising cost of living.
Japan Times
JAPAN
Apr 29, 2023
Kishida attends May Day rally as he seeks to promote track record on wages
Kishida's attendance made him the first prime minister to attend the event in nine years.
Japan Times
JAPAN / Politics / FOCUS
Apr 25, 2023
LDP aims to bolster ties with Japan's largest trade union
The administration of Prime Minister Fumio Kishida is making efforts to win over Rengo, a key supporter of opposition parties, which has 7 million union members.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?