Another year of big wage hikes likely at big Japan firms, business lobby chair says

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TOKYO : Large Japanese firms are likely to increase wages by about 5 per cent in 2025, same as last year, the chair of a major business lobby said on Tuesday, while pledging efforts to spread the wage growth momentum to smaller firms.

Rengo is seeking wage hikes of at least 5 per cent in 2025.

FILE PHOTO: A businessman walks inside the Japan bridge at La Defense financial and business district in Puteaux, near Paris, France, May 16, 2018.

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Article Details

Category: EconomyBusiness

Markets: SingaporeFranceJapan

Topics: Japanese Cent Business Increase 2025 Firms Last Wage Year Likely Growth

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 15:54:16 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 218 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24957872

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