April 28, 2014

Japanese blue chip companies announce higher wages for first time since GFC

Japanese currency Copyright Peter Hanami 2005
Picture: Japanese currency 

"Led by cash -rich car makers, dozens of Japanese blue-chip companies said this week they would raise base salaries for the first time since the GFC began...companies like Toyota and Hitachi announced higher wages"

Source: Japanese blue chip firms to lift wages
By Eric Pfanner and Takashi Nakamichi
The Wall Street Journal
The Australian Newspaper
Friday March 2014, p20

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