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TOKYO (Jiji Press) — The weighted average of wage hikes requested by 3,102 member unions of the Japanese Trade Union Confederation, or Rengo, in this year’s “shunto” labor-management negotiations came to 5.85%, preliminary data showed Thursday.
It is the first time in 30 years for the average to exceed 5%, when compared with past final survey results. The 3,102 unions all use a method of negotiating wage increase per worker.
The average demanded wage increase, including pay-scale hikes and regular raises, stood at ¥17,606 as of Monday, up ¥4,268 from around the same time last year.
A total of 3,726 labor unions have already submitted their demands to management, accounting for 52.3% of the unions covered by the Rengo tally of shunto requests.
Rengo is calling for pay hike requests of at least 5% including pay-scale hikes and regular raises in the 2024 shunto.
