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INTERVIEW: Rengo Aims to Achieve Larger Pay Increases

INTERVIEW: Rengo Aims to Achieve Larger Pay Increases

   Tokyo, Feb. 6 (Jiji Press)--The Japanese Trade Union Confederation, or Rengo, aims to achieve larger pay increases in this year's "shunto" spring wage negotiations than last year, its president, Tomoko Yoshino, has said in a recent interview.
   "We see this year's wage talks as a critical point in the transition to a society in which the economy, wages and prices grow stably," Yoshino said.
   She noted that the focus of this year's shunto talks is how much wages will rise at small and midsize companies, which employ 70 pct of workers in Japan.
   The Rengo chief expressed hope that such companies will make proper use of guidelines the government has drawn up to help them pass on higher costs to prices and secure funds for wage hikes.
   "Labor costs are still more difficult to pass on to prices than raw material costs," Yoshino said. "There are many cases where smaller companies cannot take up labor costs in price negotiations with their customers and have to solve the issue by themselves."

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AFP-JIJI PRESS NEWS JOURNAL


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