Mexican Media Brands
Toyota Makes Lower Offer on Wages in Japan
Toyota Motor Corp. proposes to hike base monthly pay for its hourly workers in Japan by 4,000 yen ($33), one-third less than demanded by its union.
#labor
Share
Toyota Motor Corp. proposes to hike base monthly pay for its hourly workers in Japan by 4,000 yen ($33), one-third less than demanded by its union.
The union's 6,000-yen request is the largest since 1998. Toyota, which is more profitable than all other Japanese carmakers combined, says meeting the union's pay demand would boost labor costs by 20 billion yen ($165 million).
Bloomberg News reports Toyota is prepared to accept the union's proposal to give workers bonuses equal to 6.8 months of pay and grant an average 7,300-yen ($60) salary hike to senior workers and to those who are promoted. Those increases were the same in the current fiscal year ending March 31.
The outcome at Toyota is expected to set the increases at Japan's other carmakers. Their unions also have demanded 6,000-yen raises.
RELATED CONTENT
-
Denmark, 10 Other EU Members Urge Piston Ban
Denmark and 10 other member nations of the European Union have urged the region to allow them to end gasoline and diesel engine sales by 2030.
-
VW Workers Again Reject UAW at Tennessee Plant
Hourly workers at Volkswagen AG’s assembly plant in Chattanooga, Tenn., have again voted against having the United Auto Workers union represent them.
-
GM Unit Stresses Driver Training in Autonomous Cars
General Motors Co.’s Cruise Automation unit says it puts backup drivers and auditors through extensive training before allowing them to participate in real-world autonomous vehicle tests.