Japan’s ‘Shunto’ (springtime social dialogue) is expected to deliver an overall rise in salary levels for 70% of large companies. Ever since 1952 unions launch the annual ‘Shunto’ between March and April. This nationwide campaign aims to secure a rise in salaries indexed against the labor market’s highest reference rate. According to a poll from the daily economic publication Nikkei 22% of companies are complying with a Prime Minister directive of a minimum 3% increase. The union confederation Rengo is looking for the 2018 Shunto to particularly focus on correcting contracting salaries and narrowing gaps between temporary and permanent workers.
By way of the country’s 2018 springtime negotiations, Japan’s big companies operating particularly in sectors geared towards the future are seeking to resolve the fact that when compared with Europe and the US, Japan is unattractive on the international employment front, marking a situation that is being exacerbated by the country’s population is declining. Question marks are however hanging over SMEs’ capacity to match the 3% rise that the government is calling for.
Do you have information to share with us?