Pay Hike Offers by Small Firms So Far This "Shunto" Average 5 Pct
Tokyo, April 3 (Jiji Press)--Pay increases offered by small companies so far in this year's "shunto" spring labor-management negotiations average 5 pct, the third tally by the Japanese Trade Union Confederation, or Rengo, showed Thursday.
The tally covered unions with fewer than 300 members.
Among all companies, the average pay increase stood at 5.42 pct, up 0.18 percentage point from the same stage last year and the highest in 34 years when compared with figures in past final tallies.
(2025/04/03-18:07)
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