Japan’s annual round of wage negotiations started today with labour leaders and business leaders meeting in Tokyo to discuss conditions for the new fiscal year, starting in April.
- Japan Business Federation Chairman Hiromasa Yonekura said … some Japanese firms are expected to implement base wage hikes as early as next year thanks to the economic policies taken by the country’s new administration.
- the Japanese Trade Union Confederation, or Rengo is requesting a one pct hike in total pay this spring
Top Biz Leader Expects Some Japan Firms to Raise Wages Next Year