The rate of increase in monthly wages, which was answered by major companies in this spring battle, fell below 2% for the first time in eight years due to variations in corporate performance due to the spread of the new coronavirus infection.
Keidanren has compiled a final tabulation on the response status of 130 major companies with more than 500 employees listed on the First Section of the Tokyo Stock Exchange in this spring battle.
According to this, the average monthly wage increase, which is the regular salary increase plus the base increase, was 6124 yen, 972 yen lower than last year.
The wage increase rate was only 1.84%, falling below 2% for the first time in eight years.
By industry, the rate of increase was 2% or more in 5 industries such as construction and automobiles, while it was less than 2% in 11 other industries, and 1% for steel and railways whose business performance deteriorated due to the spread of infection. It remained at a low level in the low range.
Keidanren said, "The result is that there is a clear division of stance toward wage increases between companies that performed well and companies that did not perform well in the same industry. It is becoming difficult for companies to raise wages in line." I am.