Keidanren sees pay hikes across board as "unrealistic" amid pandemic

Japan's most powerful business lobby Keidanren said Tuesday that it views basic pay increases across all sectors as "unrealistic" in annual wage talks, as the coronavirus pandemic has hit some firms and industries harder than others.In guidelines for corporate managers who will engage in wage negotiations with labor unions over the coming months, the lobby, also known as the Japan Business Federation, said companies should be given more leeway this year regarding whether to raise wages, citing the worsening business environment due to the spread of the novel coronavirus.The Japanese Trade U…READ FULL ARTICLE