In Japan, during "shunto" enterprise-based unions in each industry simultaneously conduct negotiations with their companies, to distribute wage increases proportionally across the industry.

Question

Quizplus · Accepted Answer

"Shunto" is a term used in Japan to describe the annual spring labor offensive when enterprise-based unions negotiate with their companies for wage increases and other benefits. During shunto, unions in each industry simultaneously conduct negotiations with their companies to distribute wage increases proportionally across the industry, in order to maintain a level playing field and prevent companies from gaining a competitive advantage by offering higher wages.

In Japan, During "Shunto" Enterprise-Based Unions in Each Industry Simultaneously