Japanese Unions To Vote On Toyota's Generous $7.60 A Week Raise Offer

The carmaker has announced it came up with a 4,000 yen ($33) monthly wage raise and workers are scheduled to vote on the offer by the end of the month – which is below the union demand of 6,000 yen. The company had already said the union’s demand was too high – the largest since 1998, claiming the impact would have been of around 20 billion yen on labor costs. The counter-offer, which could be a signal for similar measures across the industry, shows the difficulties faced by labor groups and Japanese Prime Minister Shinzo Abe’s government when attempting to convince the companies to share more of the record profit incurred from the country’s currency measures.
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Sciros - 3/18/2015 10:48:05 PM

+1 Boost

Greedy ass union demanding $50 a month in pay raises. Toyota is being kind and giving them that extra Starbucks coffee per week, and they are going to "vote" on it?

Honestly I am appalled that this is a conversation at all, but to consider that 6000 yen/month is all they asked for in the first place, I feel pretty bad for Toyota employees. Knowing Japan's work culture, these certainly aren't your stereotypical "lazy union types" that right wing greedy peeps like to imagine, either. Come on Toyota...