Japanese Get 7.4% Hike in Traditional Bonus
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<i> Reuters</i>
TOKYO — Japanese companies, benefiting from a booming economy, have given their workers the biggest bonus increase in nearly 10 years.
Workers at Japan’s major industries received an average 7.43% rise in their traditional year-end bonuses, which averaged $4,870, the Japan Federation of Employers’ Assn. said today.
Most Japanese companies pay bonuses twice a year.
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