TOKYO: Japan's biggest business lobby shrugged off on Tuesday calls for wage hikes as it braced for key spring salary negotiations with labour unions, calling blanket pay rises "unrealistic" as companies are hit by fallout from the COVID-19 pandemic, officials said.
Keidanren, unveiling a guide to the upcoming wage talks which will be wrapped up in mid-March, stressed that the priority was job protection rather than wage hikes, given the current economic and health crisis.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!