Shunto pay hikes average about 2.07%

Jiji Press TOKYO (Jiji Press) — Monthly pay increases achieved during this year’s shunto labor-management talks in Japan averaged 2.07 percent, or ¥5,934, per unionized employee, up by 0.09 percentage points from the previous year, the Japanese Trade Union Confederation, or Rengo, said Friday.

The data covered regular pay increases and hikes in base wages.

While the figure fell far short of Prime Minister Shinzo Abe’s call for growth of 3 percent or more, a Rengo official said, “The trend for wage hikes has been firmly maintained.”

Still, the result did not reflect data at Toyota Motor Corp., which has decided not to disclose its figures for base wages. The lack of figures at Toyota, which has long served as the pacesetter in shunto talks, raised concerns over the accuracy of the wage hike survey.Speech

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