JAPAN: Nissan unions after same pay rise for third straight year - report
An umbrella organisation of labour unions of Nissan Motor and its group companies plans to seek a monthly average pay-scale increase of Y1,000 for the third straight year in spring wage talks, union sources told Kyodo News Service on Thursday, according to Dow Jones Newswires.
The Federation of All Nissan Workers' Unions will formally make a decision at a meeting of its central committee to be held Friday, the sources said, according to the report.
The labour union of Nissan Motor, a core union of the federation, is also considering making such a decision at the end of this month, according to the sources, Kyodo reportedly said.
Dow Jones said a hike in pay scales would raise the basic wage table itself, and the increase would be applied to all workers regardless of age - such an increase is different from automatic annual pay raises based on seniority.
According to the news agency, Kyodo reported that Nissan president Carlos Ghosn, backed by favourable earnings results, agreed to comply with union demands - an increase of Y1,000 in the basic monthly pay scale and annual bonuses worth 5.8 months' pay - in last year's spring wage talks.
For the full year to March 31, 2004, Nissan expects a record group pre-tax profit of Y781 billion, Dow Jones noted.
The news agency said the Confederation of Japan Automobile Workers' Unions, which groups labour unions of automakers and auto parts makers, decided on Thursday to drop a uniform demand for a pay-scale hike during this year's wage talks, and most labour unions of car manufacturers are expected to follow suit.