Japan’s big firms set to offer biggest pay rises in decades

TOKYO  – Big Japanese firms are set to offer the largest pay rises in a quarter century this year driven by inflation at 41-year high, in a sign that cash-rich firms may be warming to Prime Minister Fumio Kishida’s calls to boost consumption through higher wages. As annual labor talks dubbed “shunto”, Japanese for “spring … Continue reading Japan’s big firms set to offer biggest pay rises in decades