Beverage firm Suntory Holdings stated Thursday that it’s going to increase the month-to-month wages of its workers by about 7% in 2025, together with a pay scale hike.
Suntory will perform a 7% increase for the third straight 12 months after agreeing on that stage of pay enhance, together with a pay scale increase, with its labor union in shuntō spring wage negotiations in 2023 and 2024.
“By elevating salaries constantly, we hope that our workers will proceed to work with a way of achievement even within the face of rising costs and an unsure enterprise setting,” President Takeshi Niinami stated in an announcement.
Final 12 months, Suntory introduced its substantial pay rise forward of different corporations, setting the tone for wage hikes in 2024 wage talks at varied corporations.
Suntory goals to safe human assets by taking the lead in asserting a wage rise once more this 12 months.
On this 12 months’s shuntō, Suntory agreed to totally meet a request for a month-to-month pay scale hike of ¥13,000 from the labor facet, its greatest quantity in 20 years.
