{"id":96967,"date":"2025-10-23T18:05:17","date_gmt":"2025-10-23T18:05:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/96967\/"},"modified":"2025-10-23T18:05:17","modified_gmt":"2025-10-23T18:05:17","slug":"japans-largest-union-group-rengo-seeks-5-wage-hike-for-the-coming-fiscal-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/96967\/","title":{"rendered":"Japan&#8217;s largest union group Rengo seeks 5% wage hike for the coming fiscal year"},"content":{"rendered":"<p class=\"text-align-justify\" data-v-4026719d=\"\">Rengo is Japan&#8217;s largest labour union group and have announced that they would be seeking wage hikes of 5% or more in fiscal year 2026. That would see them try to target another bumper wage hike for a third year running. However, the big challenge this time around is that firms will have more difficulties in delivering that amid lower corporate profits from US tariffs. So, it&#8217;s going to be a challenge to see how they can keep up the wage momentum.<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">As a reminder, the figure in 2023 was 3.80%. In 2024, it was 5.10%. And in 2025, <a href=\"https:\/\/investinglive.com\/news\/japans-largest-union-group-rengo-sees-final-average-wage-hike-of-525-this-fiscal-year-20250703\/\" target=\"_blank\" class=\"article-link\" data-v-4026719d=\"\" rel=\"nofollow noopener\">it was 5.25%<\/a> &#8211; watered down from the initial figure of 5.46%.<\/p>\n","protected":false},"excerpt":{"rendered":"Rengo is Japan&#8217;s largest labour union group and have announced that they would be seeking wage hikes of&hellip;\n","protected":false},"author":2,"featured_media":13525,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-96967","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/96967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=96967"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/96967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/13525"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=96967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=96967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=96967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}