Fast Retailing, which operates UNIQLO, has decided to raise the annual income of its domestic employees by up to 40% from March this year.
The aim is to respond to the international competition to acquire human resources, taking into account rising prices.
According to the announcement, Fast Retailing will revise the remuneration of approximately 8,400 domestic employees working at its headquarters and its subsidiary UNIQLO from March this year.
Raise the annual salary level from a few percent to a maximum of about 40%,
including
▽ starting salary for new employees from 255,000 yen to 300,000 yen per month, and
▽ new store manager appointed in the first to second year of employment will be raised from 290,000 yen to 390,000 yen per month
.
The purpose of this revision is to eliminate the difference between domestic and overseas remuneration, and to make it more responsive to skills and achievements. We will abolish the allowance according to
Fast Retailing raised hourly wages for part-time workers by about 10% to 30% last fall, but this is the first time since the introduction of the current system that the overall compensation has been raised.
While companies are strongly required to raise wages, the company aims to respond to the international competition for human resources by raising the level of remuneration in Japan, which is low compared to overseas, in consideration of rising prices. is.