In Japan, bonuses serve as a barometer of business confidence, as companies prefer using them to adjust pay up or down - boosting bonuses when business is good and slashing them in tougher times - rather than tweaking base pay, which is hard to reduce.
TOKYO: Three-fourths of Japanese companies aren't raising annual bonuses this summer, a Reuters poll found, a sign many see growth sputtering in the world's third-largest economy as the U.S.-China trade war stokes fears of a global recession.
In Japan, bonuses serve as a barometer of business confidence, as companies prefer using them to adjust pay up or down - boosting bonuses when business is good and slashing them in tougher times - rather than tweaking base pay, which is hard to reduce.
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