Annual Income Growth and Basic Wage

labor organization: The nation largest labor organization is stressing the need for raising basic monthly wages, according to Asahi Shimbun. But Keidanren , the nation most powerful business lobby, has argued that annual income growth larger than last year is more important than a rise in the basic wage. Rengo is demanding an across-the-board increase in the base pay scale of about 2 percent. Obviously, the biggest issue for the shunto wage round is a hike in the pay scale, the core portion of salaries. That partly because non-regular workers, who are not eligible for base pay hikes, now account for 40 percent of the nation work force. While such hiking of the base pay is certainly important, it is no longer the only measure of improvement in working conditions. (news.financializer.com). As reported in the news.