business

Automaker unions reduce pay rise demands

18 Comments
By Tetsushi Kajimoto and Leika Kihara

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18 Comments
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Taking into account slowing inflation and uncertainty over the economic outlook, we can’t demand bigger rises in base salary just because our company logs record profits,”

Really? So just when do you demand pay rises?

We should seek higher bonuses when short-term profits rise, rather than base salary, which cannot be unwound in times of a business downturn.”

Those 2 quotes right there tell you why Japan will NEVER recover economically.

Keidanren, has said wage hikes don’t necessarily have to take the form of a hike in base salary

Yes they most certainly do.

7 ( +11 / -4 )

we can’t demand bigger rises in base salary just because our company logs record profits

because we're just lowly serfs

9 ( +10 / -2 )

Japan’s automaker labor unions.....

better drop word 'labor' from the above sentence, it is apparent these unions are representing automakers.

5 ( +9 / -4 )

this really is a slap in the face for autoworkers. car manufacturers are making record profits, again, but are too stingy to pass along anything to workers. not only that, but a growing number of autoworkers are "guest-workers" from developing countries who make less money doing the same job. the unions in japan really are worthless.

1 ( +4 / -3 )

They cannot pass on the profits, because the profits are being reinvested into bigger and better things for the future of the company to innovate and survive.

Makes sense to me. Getting a ¥3000 monthly increase in base pay is a slap in the face.

-2 ( +1 / -3 )

"the ultimate success of Prime Minister Shinzo Abe’s aim" so plus ¥3000 a month and minus 10% consumer tax. Which I studied Maths, Abe must be so smart.

3 ( +4 / -1 )

3,000 yen increase in monthly base pay

ROFL!

1 ( +2 / -1 )

"we can’t demand bigger rises in base salary just because our company logs record profits"

Yes you can.

"The profits are being reinvested into bigger and better things."

Like that new assemlby plant in Myanmar? "Bigger and better" for Burmese workers but not for the workers back home -- without whom the company wouldn't exist in the first place.

3 ( +5 / -2 )

If this is some fingers-crossed, buttocks-clenched attempt at retaining maximum possible production in Japan, it reflects very poorly on the mood music within TMC.

1 ( +2 / -1 )

Awesome! That ¥3,000 would cover lunch for three days a month. I hope they appreciate the kind hearted gesture. How about try stick their pay rise and give everybody free lunch every day although, it is possible they already do.

0 ( +2 / -2 )

The best thing these auto workers can do to make a little more (deserved) cash is to cancel their "union" membership immediately. They'd see better returns investing the cash in a ponzi scheme or pachinko than such a worthless, money sapping, crooked "union".

4 ( +6 / -2 )

Over a 180 hour work month that works out to about 17 Yen per hour raise. Sweet! Livin in good times. BurakuminDes. Yes, better off getting rid of the union dues.

2 ( +2 / -0 )

Big biz has been spouting these lines since the 80s...........oh we don't know if we will reap massive profits again.....blah blah blah.....

Meanwhile higher ups are ca$hing in & the labour gets ^%$# on again & again & again

This is one of the BIG reasons incomes have gotten so horribly unbalanced..... the masses are getting fleeced! And have been for at least 30yrs!

1 ( +2 / -1 )

The only bonus I can see this that big fat cheque you have in your back pocket Yasuyuki Takaki!

0 ( +0 / -0 )

3000 yen?!? Is that about $27 in today's exchange rate?!!

0 ( +0 / -0 )

3000 yen?!? Is that about $27 in today's exchange rate?!!

xe.com tells me it's $206.688.

-5 ( +0 / -5 )

¥3000...think of all the savings on tobacco. This is wonderful

-1 ( +0 / -1 )

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