Tech giants and Toyota lead the way in record pay hikes for Japanese workers

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TOKYO, March 12 — Many of Japan’s biggest companies from tech conglomerates to Toyota have met union demands for substan...

Its unions were seeking an average hike of 6.09 per cent, up from 5.85 per cent last year.

How the average pay hike turns out will also depend on whether there will also be strong pay gains at small and medium-sized firms, which employ around 70 per cent of Japan’s workforce.

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Category: EconomyBusiness

Markets: MalaysiaJapan

Topics: Wages Pay rise Hitachi BOJ Economy Toyota

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 16:43:06 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 618 words

Reading Time: 4 minutes read

Sentences: 24 lines

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Copyright Owner: © Malay Mail

News ID: 26917457

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