Japanese Panel Agrees on ¥25 Minimum Wage Increase (News)


Tokyo, July 26 (Jiji Press)—A Japanese government advisory panel agreed Tuesday to propose raising mandatory hourly minimum wages by ¥25 on average in fiscal 2017.

The rate of increase for the year that started in April matches the government's target of around 3%.

The proposal by a subcommittee of the Central Minimum Wages Council, which advises the labor minister, will raise hourly minimum wages to ¥848 on national average if implemented.

The ¥25 hike is the same as in the previous year and is the largest ever.

Minimum wages are the lowest hourly amounts that companies have to pay to workers.

[Copyright The Jiji Press, Ltd.]

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