Japan’s Biggest Labor Union Federation Calls for 6% Wage Hike in 2027
The union group also set a 15% wage-growth goal by 2030 as it seeks to keep recent pay gains going.
9 Articles
9 Articles
The largest rengo union association in Japan is going to get companies to raise wages by at least 5%, and ideally 6% in the negotiations next year, Bloomberg says with reference to the association's statement. "We've been raising wages by at least 5% three years in a row," said the chairman of the Rengo board, Tomoko Yoshino. "We need to try and make sure that real wages rise steadily above inflation by at least one percentage point." Rengo repr…
Japan’s Top Union Group Calls For 6% Wage Increases in 2027
Japan’s largest labor union federation will push for wage increases of around 6% in next year’s pay negotiations, seeking to build on recent gains as the government targets sustained pay rises to help drive consumer spending and boost economic growth.
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