TOKYO, Feb 13 (News On Japan) –
The 2025 spring wage negotiations have formally begun, with main automakers submitting their calls for on February twelfth. The key query stays: will wage will increase proceed to rise this yr?
According to Japan’s Ministry of Health, Labor, and Welfare, the typical wage enhance for main personal firms within the 2024 negotiations was 5.33%, the best degree since 1991, proper after the financial bubble burst.
However, this determine displays solely massive firms with 1,000 or extra workers.
A separate survey by the Japan Chamber of Commerce and Industry discovered that the wage enhance charge for small and medium-sized enterprises (SMEs) in 2024 was considerably decrease at 3.62%.
Looking forward to 2025, 48.5% of SMEs plan to lift wages, whereas 26.1% haven’t any plans for wage hikes. With this disparity, closing the wage hole between massive and small companies stays a problem.
Source: 東海テレビ NEWS ONE