Japan's "spring fight" results: Toyota agreed to the biggest pay rise in 25 years!
Hawk_Finance
2024-03-14 16:12:22
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On March 13, Japan's "spring fight" (annual salary negotiations) results have been announced, Japan's various industries wage growth than in 2023 rose sharply, paving the way for the Bank of Japan to end the negative interest rate policy。"Spring fight" negotiations "weathervane" Toyota first announced that it agreed to the largest salary increase in 25 years, employee bonuses will be from 6.7-month salary increase to 7.6 months salary, becoming the highest annual bonus ever。Depending on the position, the monthly salary of Toyota employees will increase by up to 28,440 yen, further reinforcing expectations that the Bank of Japan will open the door to a key monetary policy shift next week.。
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