The labour union at Toyota Motor plans to request an average of about JPY1.9m (GBP15,500; US$21,350) in annual bonuses per worker for the 2009 business year, down more than JPY500,000 from the previous business year, in the forthcoming wage negotiations with the management, union officials said on Tuesday.
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The union has decided on the amount, equivalent to five months’ wages plus JPY200,000, at a time when the automaker is grappling with rapidly falling vehicle demand in the face of the global economic slump, Kyodo News said.
Last year, union members received the full average JPY2.53m (GBP20,660; $28,400) bonus as requested.
For the first time ever, the union plans to call on the management this year to raise wages for temporary workers who have joined the union, in line with requested wage hikes for permanent workers, the report added.
The union has already decided to seek an average JPY4,000 hike (GBP33; $45)in basic monthly pay for permanent employees.
Toyota last month cut its net profit forecast by a massive 91% to JPY50bn (US$556m) from JPY550bn and said it would now make an operating loss of JPY150bn versus an earlier projection of a JPY600bn operating profit. This is likely to be the firm’s worst result since its founding.
