Reported about 17 hours ago
For the first time in seven years, labor unions representing major Japanese auto manufacturers have established a specific target for wage hikes, aiming for an increase of 12,000 yen ($79.15) per month during the upcoming spring negotiations. This initiative is intended to create wage growth momentum for smaller firms and bolster Japan's economic recovery. The Confederation of Japan Automobile Workers' Unions, comprising 12 unions including those from Toyota and Honda, hopes to empower smaller unions in their pay discussions, reflecting a broader push for equitable wage increases across the industry.
Source: YAHOO