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Toyota agrees to biggest wage hike in 25 years in sign of Japan Inc's big pay bump
(finance.yahoo.com)
this post was submitted on 13 Mar 2024
216 points (98.6% liked)
Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
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Wow ... What progress ..... they took a step they should have taken 20 years ago.
Now Japanese workers have to wait another 25 years for increased wages while corporate leaders pay themselves like it's the 22nd century.
The CEOs in Japan aren't paid like they pay them here. It's a lot of money but nothing like the insane numbers here. 2022 his compensation was 6.7million.