worldWednesday, December ۱۱, ۲۰۲۴ - ۱۳:۳۸:۵۹
Arya News - TOKYO (Reuters) -Labour unions at major Japanese auto manufacturers have set a specific target for pay hikes for wage negotiations for the first time in seven years, as they aim to spread wage growth momentum to smaller firms, a key goal of the government and central bank. The labour group, the Confederation of Japan Automobile Workers` Unions, will seek monthly pay hikes of 12,000 yen ($79.15) or more in spring wage negotiations, it said on Wednesday. The target represents an increase of about 5% in base pay at member firms with workforces of less than 300 employees.