Keidanren Want Wage Hikes to Take Root across Economy
Tokyo, Sept. 2 (Jiji Press)--The Japan Business Federation, or Keidanren, is expected to call for the recent strong momentum of wage hikes to take root further across the economy during next year's "shunto" spring labor-management negotiations, it was learned Wednesday. This policy is part of a draft outline of a Keidanren report that would serve as the management side's guidelines for the ...
The Japan Business Federation, or Keidanren, is set to advocate for wage hikes to continue spreading throughout the economy during next year's spring labor-management negotiations, according to a source Wednesday. This proposal is part of a draft outline for a Keidanren report that will serve as guidelines for the 2027 management side.
The report will be prepared by the Committee on Management and Labor Policy, which represents Japan's largest group of employers. The guidelines are anticipated to stress the significance of extending the wage hike trend to smaller companies through appropriate business transactions. Discussions on the 2027 shunto guidelines are expected to commence in the first half of the current month.
To achieve an investment-driven economy, the report is likely to recommend promoting wage hikes as an investment in human capital.
Written by urgent.news from Nippon.com News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
