JapanOn the 15th, many large companies announced huge salary increases, including Nissancar(Nissan Motor) withtoyotaSalary hike at Toyota Motor is highest in 20 years. Japanese labor unions began talks with major companies in early March, demanding wage increases in response to rising prices.
Toyota was the first company to announce a pay raise, its largest in 20 years. Japan’s Kyodo News reported that, as one of Japan’s largest companies, Toyota Motor has been an indicator of the wind direction of the annual “Shunto” (Shunto) labor negotiations for many years.
After Toyota released the news, Nissan Motor immediately announced an average salary increase of 12,000 yen (about NT$2,725), the largest increase since the introduction of the current pay system in fiscal 2004. Apart from this, Nissan also promised to increase the year-end bonus to 5.5 months.
In addition, Honda Motor (Honda Motor) has agreed to increase the base wage, which is the biggest increase in more than 30 years.
Apart from the automobile industry, Japanese power giant Hitachi Group (Hitachi) will increase basic salaries by 7,000 yen (about NT$1,590), the biggest increase since 1998; Sapporo Breweries will increase basic pay by 9,000 yen (about NT$1,590). NT$ 2044 yuan), the biggest increase in 40 years.
Japanese Prime Minister Fumio Kishida recently called on domestic companies to accelerate wage increases to help people cope with the pressure of rising prices, and warned that if wage increases are not as high as price increases, Japan Can come to a standstill again.
After Japan experienced a bubble economy in the early 1990s, deflation had set in, and household wages had been stagnant for a long time. According to data from the Organization for Economic Co-operation and Development (OECD), from 1990 to 2021, the average salary increase in Japan over 30 years was only 6.3%, while the average salary increase in the United States and the United Kingdom during the same period was more than 50%. happened.
The average salary in Japan in 2021 is US$39,711 (about NT$1,216,334), about half that of the United States, which has the highest average salary. Furthermore, the average salary in Japan is also the lowest among the seven major industrialized countries (G7).
To counteract the severe pay gap at home and abroad, some Japanese companies resorted to drastic measures. Kyodo News reported that Fast Retailing, the parent company of casual clothing brand Uniqlo, announced in January that it would increase the annual salary of domestic workers by 40% in order to retain talent.
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