Toyota Raise for Japan Workers Biggest in 21 Years

Newswire

TOYOTA CITY, Japan, March 12 (Reuters) - Toyota Motor Corp said it will give its Japan-based workers their biggest pay raise in 21 years in the year starting in April, heeding a government call to bolster the economy by sharing its surging profit with workers. Toyota will raise its monthly base pay for workers by 2,700 yen ($26.17) on average, or about 0.8 percent of total monthly pay, marking the first increase in base wages in six years but falling short of its union's demand for a ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×