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2023-01-25 09:46:31

Dai-Ichi Life plans 5% wage hike in rare base increase for non-sales staff -source

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Channel NewsAsia
By Cna

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TOKYO : Japan's Dai-ichi Life Insurance plans to raise wages by an average 5 per cent for its roughly 50,000 workers this spring, including a rare base salary hike for non-sales staff, a source with knowledge of the matter told Reuters.

It would be the first base salary hike in 28 years for the 10,000 non-sales staff at the unit of Dai-ichi Life Holdings, the person said, declining to be identified because the plan is not public. The average 5 per cent would include a regularly scheduled rise based on seniority.

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