Japan summer bonuses, overtime pay fall in June
TOKYO, Aug 2 (Reuters) - Japanese workers' summer bonuses fell and overtime pay marked a third straight month of annual falls in June, government data showed on Tuesday, as the economy remained under strain from the March 11 earthquake and its aftermath.
Wage earners' total cash earnings slipped 0.8 percent in June from a year earlier with overtime pay, a barometer of strength in corporate activity, decreasing 0.5 percent, data from the health ministry showed.
Special payments, which are predominantly summer bonuses, declined 2.0 percent in June from a year earlier as companies were still suffering from disruptions in supply chains caused by the March 11 disaster.
Workers are usually paid bonuses twice a year, in summer and December. They payments had rebounded last summer from a sharp fall sparked by the global financial crisis.
Overtime pay declined in the year to June but the pace of falls slowed in a sign that damage caused by the March disaster was starting to heal.
Some companies may also have front-loaded their summer bonus payments in May, as suggested by that month's big rise, a ministry official said.
The following table shows preliminary data for monthly incomes and numbers of workers in June: ----------------------------------------------------------------
JUNE JUNE MAY Payments (yen) yr/yr change (pct) Total cash earnings 435,353 yen -0.8 +1.0* Monthly wage 263,787 yen -0.1 -0.6 -Regular pay 246,202 yen -0.1 -0.5* -Overtime pay 17,585 yen -0.5 -2.3* -Special payments 171,566 yen -2.0 +60.7* ---------------------------------------------------------------- Number of workers (million) Overall 44.485 mln +0.7 +0.6* -general employees 32.243 mln +0.8 0.0* -part-time employees 12.241 mln +0.3 +2.0* ---------------------------------------------------------------- *denotes a revision from preliminary data.
The ministry defines "workers" as 1) those who are employed for more than one month at a firm that employs more than five people, or 2) those who are employed on a daily basis or have less than a one-month contract but had worked more than 18 days during the two months before the survey was conducted at a firm that employs more than five people.
To view the full tables see the labour ministry website: here ($1 = 77.19 Japanese Yen) (Reporting by Rie Ishiguro; Editing by Michael Watson)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters