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Annual wage talks kick off in Japan as pandemic darkens outlook for pay hikes Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
Kyodo Jan 26, 2021
Corporate executives and labor unions on Tuesday effectively began this year’s spring wage negotiations amid expectations that the pace of pay increases will slow due to the coronavirus pandemic.
With many companies taking a hit from the spread of the virus, which has depressed economic activity and hurt their earnings, Japan’s most powerful business lobby, Keidanren, has stressed the need for companies to have more leeway and that aiming for pay hikes across the board is “unrealistic.”