Average monthly gross pay in fiscal 2010 edged up 0.6 percent from a year earlier to 317,307 yen, the first rise in four years, as overtime pay grew particularly in the manufacturing sector amid an economic recovery, the labour ministry said Wednesday.
In fiscal 2009, the figure marked a 3.3 percent year-on-year decline in the face of the 2008 collapse of U.S. investment bank Lehman Brothers Holdings Inc.
In March, however, monthly pay slid 0.1 percent to 275,442 yen as production activities were hit by the massive earthquake, tsunami and subsequent nuclear disaster, which also brought about electricity shortages, according to the Ministry of Health, Labor and Welfare.
Wages could be adversely affected down the road in the face of the disruption of supply chains, a ministry official said, saying the situation needs to be monitored.
In fiscal 2010, scheduled wages at businesses with five or more employees fell 0.3 percent to 244,687 yen while non-scheduled wages including overtime pay jumped 8.0 percent to 18,349 yen. Bonuses and other special payments rose 2.3 percent to 54,271 yen.
Overtime hours in the manufacturing industry, an important economic indicator, surged 21.5 percent to 14.0 hours.
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