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Over half of small and mid-sized companies in Japan plan to raise salaries this year amid a labour crunch and record inflation, according to a survey by the Japan Chamber of Commerce. Wages in Japan have crept up recently, as companies face pressure to compensate employees for cost of living increases. However, small- and medium-sized businesses have to cope with surging material costs and a more unpredictable margin, making it challenging for them to pay workers.
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#scmp #Asia #Japan
https://sc.mp/subscribe-youtube
For the latest coverage: https://sc.mp/5w06
Over half of small and mid-sized companies in Japan plan to raise salaries this year amid a labour crunch and record inflation, according to a survey by the Japan Chamber of Commerce. Wages in Japan have crept up recently, as companies face pressure to compensate employees for cost of living increases. However, small- and medium-sized businesses have to cope with surging material costs and a more unpredictable margin, making it challenging for them to pay workers.
Support us:
https://subscribe.scmp.com
Follow us on:
Website: https://www.scmp.com
Facebook: https://facebook.com/scmp
Twitter: https://twitter.com/scmpnews
Instagram: https://instagram.com/scmpnews
Linkedin: https://www.linkedin.com/company/south-china-morning-post/
#scmp #Asia #Japan
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