Toyota unions eye ¥1,000 raise
Japan Times Online
January 19, 2008

 

NAGOYA (Kyodo)

The federation of labor unions of Toyota Motor Corp. group companies plan to seek a base pay increase of at least ¥1,000 in this year's "shunto" spring wage negotiations, federation officials said Friday.

It will be the first time in six years that the Federation of All Toyota Workers' Unions has demanded a hike in the basic monthly wage with a specific figure.

The umbrella body, consisting of 292 unions with 290,000 members, will finalize the plan at a meeting starting in Tokyo on Friday.
Among the unions under the federation, the Toyota Motor Workers' Union plans to demand a ¥1,500 pay increase.

The plan is in line with the decision by the Confederation of Japan Automobile Workers' Unions, the industrywide umbrella body, to demand a pay hike of ¥1,000 or more.

Automakers and consumer electronics companies are trendsetters in the annual shunto wage talks.
The Toyota federation officials said a basic pay hike is necessary in light of the need to shore up sluggish domestic consumption.