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Toyota to raise wages for the first time since 2008


As Japan’s largest company and the biggest automaker in the world is forecasted to reach record profits in 2014, Toyota has finally gave in to union requests in its home country to raise the base salary, a first since 2008. According to Senior Managing Officer Naoki Miyazaki, the base wage increase for each Toyota Motor Workers’ Union average member would go ...
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More wage articles

Japan: Toyota says union salary demand “surprisingly high”
Toyota, which is the world’s largest manufacturer and also Japan’s biggest employer, said that during this year’s annual union talks, the asked wage increases were “surprisingly high.” Senior Managing Officer Naoki ...
US: Chinese BYD settles California wage dispute
China's BYD – the automaker backed by Warren Buffet’s Berkshire Hathaway, said it has agreed to pay a fine to settle a California case over wage payments which put the ...
Report: Toyota’s labor federation to ask for better wages
According to Japanese media reports, Toyota Motor Corp group's labor federation will push for a unified rise in base wages, a major step towards permanent wage increases that will be ...
GM’s Workers in South Korea Stage Partial Strike on July 4th
GM’s workers in South Korea announced a partial strike on July 4th, due to disputes regarding production plans and wages. The annual wage talks started in April, but GM and the ...
Opel Unions Refuse Wage Freeze in Germany
German trade union IG Metall said it refuses to accept GM’s demands to freeze wages for employees at its loss-making Opel division. "This would mean that Opel would not fulfill the ...

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