Japan's Aeon (retailer) plans to to raise part-time wages by 7％ in 2024

<p>New from over the weekend from Japan wage rises in store for the year ahead, this from Aeon:</p><ul><li>to raise part-time wages by 7％ in 2024</li><li>around 80% of the group's employees are part-timers</li><li>the current average hourly wage is ¥1,070</li><li>planned raise will boost the hourly wage by about ¥75</li><li>Aeon is also considering increasing pay for about 110,000 regular employees, including through regular salary raises and pay scale hikes</li></ul><p>Aeon is a diversified retail holding company. It is one of the largest retail firms in Japan.</p><p>—</p><p>the Bank of Japan will be considering tightening monetary policy if it sees wage-driven inflation. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.