It was found that Sumitomo Mitsui Trust Bank is making final adjustments to raise wages this year by an average of about 4.5%, including base increases.
This is the first time in seven years for a bear to take into account the rise in domestic prices.
According to people familiar with the matter, Sumitomo Mitsui Trust Bank has entered into final coordination with the labor union to raise the average wage per employee by about 4.5% this year.
Of these, the so-called base increase, which is equivalent to raising the basic salary, is about 1.5%.
Bear is said to be based on rising domestic prices for the first time in seven years.
In addition, as a new compensation system, we will consider introducing a system to transfer bank shares to employees, and the amount of investment in human resources such as support for learning digital technology and expansion of training will be more than five times that of the previous year. I am planning to increase it to.
As banks are becoming more interested in information disclosure other than finance, they also aim to appeal to investors by significantly raising wages and expanding investment in human resources.
In this spring battle, the government has asked companies to raise wages by more than 3%, and at major banks, Bank of Tokyo-Mitsubishi UFJ has reached a conclusion by raising the total wages by 3.5%.
The wage increase of about 4.5% is higher than this, and Sumitomo Mitsui Trust Bank will proceed with labor-management negotiations aiming for a conclusion within this month.