Lesson 69

Thursday, January 5th, 2023

Today’s business Japanese is “BEA”.

 

“BEA” is the abbreviation of “Base Up”, meaning salary increase of all employees by fixed %.

“BEA” is decided based on the increase rates in prices by the negotiations between company and union.

“BEA” was 2-5% in high growth period and bubble economy period, but after 2000 many companies have rejected “BEA” because of the recession.

 

There is another salary increase besides “BEA”.  That is ”Regular salary increase” based on ages and years of service.

 

This year Japanese government requests Keidannrenn to increase salary by 5% because of big increase in prices.

Let’s pay attention to “Shuntou (Annual wage talks)” in 2023.




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