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© KYODO48% of firms to raise wages even without more tax incentives: survey
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© KYODO
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snowymountainhell
From ‘the kindness of their hearts’?!?!
shogun36
Talk is cheap. Let’s see the money.
hattorikun
You work to earn it. Guess you will have a rough idea if you will have a raise or not based on your performance throughout the year.
Lindsay
The companies pocketed their tax breaks that Abe gave them. I see no reason why they will increase salaries regardless of more tax breaks.
hattorikun
@Reckless… with all due respect, show them you deserve the money!
hattorikun
P.Smith… all the companies that I know sitting on piles of cash have one of the highest paid workforce in Japan. Pay is one thing, if your company invests nothing for future growth either through capex or acquisition etc… or has a certain level of cash to go by in difficult times, I guess you will be in a very difficult position to ask for a raise let alone a bonus.
itsonlyrocknroll
Business must fully recognizes the contribution employees make to there bottom line
It is essential that there talents and dedication are noticed and valued.
Bonuses and salary increases when the company is in a period of successful growth will pay dividends
hattorikun
“Weird they have piles of cash but are somehow reinvesting it in the business.
Next, the “sitting on cash for hard times” excuse. Notice how quickly businesses run to the government for cash when there are hard times?”
how so? Why weird? A company that doesn’t know what to do with its future by investing in what they do best with the least risk of being disrupted might be not one you should work for or invest in. Many respectable companies with deep pocket of cash wouldn’t run to the government for help as you suggested. Not one that I know of. And they pay their employees handsomely. Maybe they should pay more or return more to shareholders… but if you are lucky enough to be with such good businesses I guess the best thing you should do is stick with them.
Hiro
Is reasonable. Companies want to keep the workers and don't want them to go on strike or leave to look for better jobs. Don't forget that Japan is always short on workers and now with the border close, getting more workers is even more harder. They need to keep things running.
Usually companies don't care because they can easily replace you with tons of other cheaper workers who would be willing to take your place. But here the workers are being fought over by the companies because the number is limited.
Moskollo
Pretty sure dispatch companies or Elise’s won’t increase wages for key customer facing staff..
dagon
Small and medium-sized companies also get a 15 percent tax deduction when salary payments for all employees are increased by over 1.5 percent.
Japan Inc./Gov will get a 15 percent corporate tax deduction so that they raise their employees salaries by 1.5 percent, after decades of productivity increases with no wage hikes. Then there will be some inflation due to the yen devaluation policy and regressive increases in the sales tax. Going to fund some corporate welfare pork for our partners. So it all works out in the end you see with our policies..
oyatoi
Typical BS virtue signalling contradicting what was previously reported on JT about firms not intending to raise wages. Of course, a year from now they’ll be regaling us with bogus stats to prove the unprovable to we endurers of the unendurable.
TARA TAN KITAOKA
Business is good.
ReasonandWisdomNippon
If Japan was richer not stagnant for past few decades you would see this more often.
When it comes to sharing wealth Japan does better then Europe or America. Wealth distribution is much better here with a 10 to 1 ratio. Europe is at 20 to 1 and great America is at 300 to 1.
If Japan had more you will get more.
William77
Very wrong and bad information is yours.
How can you compare the States and Japan which are countries with a continent?
Yes believe it or not Europe is not a nation and even the European Union is NOT a nation.
You really think that the sharing wealth in Norway or Denmark is same as in Bulgaria or Romania?
You really read all these numbers wrong and as often you do misinformation.
ThonTaddeo
It looks to me like new hires are getting a better deal than existing employees, which means we're going to see more of what has been plaguing the West for decades now: long-term employees becoming more and more underpaid while new grads and job hoppers get market rates.
Is this really what we want to see in a society where attempting to change jobs is harder and scarier than it is in other countries?
Danielsan
Such raises will only result in more inflation, the net result will be the salaries paid with money of decreasing value.