Wages
Japanese firms agree to 5.26% wage hike, top union group's preliminary data shows
Rengo’s member unions are seeking an average hike of 5.94%, slightly below last year’s demand of 6.09%
F&B industry mulls higher menu prices, offshoring and closures with wages set to rise
Companies may get co-funding support under a government scheme, but not all businesses will qualify
Top Japan firms offer big pay hikes, focus on Iran conflict ahead
[TOKYO] Major Japanese companies, including Toyota, offered big pay hikes in annual wage talks on Wednesday, reflecting strong pay momentum for a fourth consecutive year, although uncertainty from the...
Base salary under food services Progressive Wage Model to rise to S$2,220 from Jul 1
This baseline monthly gross wage requirement for workers in the sector will be raised again in 2027 and 2028
UK recruiters see signs of jobs downturn easing
[LONDON] Starting salaries for permanent staff in Britain declined last month at the slowest pace since October, according to a survey on Monday that also showed the downturn in the number of new perm...
Japan’s real wages grow for first time in 13 months, boosting BOJ hike case
Average nominal wages, or total cash earnings, increased 3 per cent year-on-year to 301,314 yen (S$2,450)
Around 22,000 civil servants to get salary bumps of 2% to 9% from Aug 1
The adjustments are aimed at keeping pace with market standards and enabling the Public Service to continue to attract and retain talent
UK minimum wage is raising youth unemployment, Bank of England’s Mann says
[LONDON] A sharp rise in Britain’s minimum wage for younger workers over the past three years has contributed to an increase in unemployment for that age group, Bank of England policymaker Catherine M...
Rising wages push more Japan firms into bankruptcy in January, survey shows
Some firms cite soaring labour costs, tight job market
Japan’s real wages down every month in 2025
Inflation-adjusted real wages fell 0.1 per cent in December from a year earlier
