Wage increase negotiated at spring wage offensive (Shunto) Japan 1989-2024
The final round of the annual spring wage negotiations (Shunto) in 2024 led by labor unions affiliated to the Japanese Trade Union Confederation (Rengo) resulted in an average pay raise of 5.1 percent.
Shunto is a Japanese term that can be translated as spring wage offensive. It refers to wage talks held simultaneously every spring by company unions throughout Japan.