HomeLatestJapan Sets Record Minimum Wage Hike as Path to 1,500 Yen Goal

Japan Sets Record Minimum Wage Hike as Path to 1,500 Yen Goal

TOKYO, Aug 05 (News On Japan) –
Japan’s nationwide common hourly minimal wage for this fiscal yr has been set at 1,118 yen, marking a document enhance of 63 yen from the earlier yr.

On August 4th, discussions had been held to find out the minimal wage for the present fiscal yr, leading to a nationwide common goal of 1,118 yen per hour. This represents a 6% enhance from final yr, or 63 yen in financial phrases—surpassing final yr’s rise and setting a brand new document for the biggest enhance.

The authorities goals to lift the minimal wage to 1,500 yen someday throughout the 2020s.

Source: TBS

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