Workers at top companies get meager 2017 pay hikes in Abenomics setback

Most major companies offered the lowest hike in base pay in four years on Wednesday, a setback for Prime Minister Shinzo Abe’s campaign dubbed “Abenomics” to spur the long-sluggish economy. Toyota Motor Corp.’s base pay hike, traditionally a benchmark other companies use to gauge their increases, came to ¥1,300, or about $11, a month — […]

The post Workers at top companies get meager 2017 pay hikes in Abenomics setback appeared first on The Japan Times.

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