Mega Banks' Labor Unions Demand Record Base Wage Increase; Sumitomo Mitsui Exceeds 10% Pay Hike
Labor unions of Japan's three mega banks have set their highest demand for base wage increases in response to rising prices and strong performance, with Sumitomo Mitsui seeking over a 10% increase.
Chubu Electric's Labor Union Calls for Base Pay Increase without Specifying Amount
During this year's 'Shuntō' wage negotiations, Chubu Electric's labor union is demanding a base pay increase but has chosen not to specify a concrete amount, which differs from their usual practice.