Third of Japan small, mid-sized firms intend to hike pay: survey

Around a third of small to mid-sized Japanese firms intend to raise wages in the future amid repeated government calls for pay hikes to counter inflation, a recent survey showed.Some 34 percent of respondents said they are willing to offer wage hikes, including companies that have already raised wages, according to the survey by Daido Life Insurance Co.Among these firms, 24.9 percent said they would increase pay by "less than 2 percent," while 27.8 percent said they would do so by "2 percent to less than 3 percent."The survey was conducted both online and in person from Dec. 1 to 26 and gar…READ FULL ARTICLE