trending Market Intelligence /marketintelligence/en/news-insights/trending/36tphfu14lo_9pcysxxlca2 content esgSubNav
In This List

Report: Nissan to increase employees' monthly base pay

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Report: Nissan to increase employees' monthly base pay

Nissan Motor Co. Ltd. intends to raise employees' monthly base salary for the fifth year in a row, the Nikkei Asian Review reported March 8.

No set amount has been disclosed but labor is reportedly negotiating for an increase of ¥3,000.

The move is meant to motivate employees amid a vehicle inspection scandal at the company and declining earnings in its U.S. operations, the publication said.

In 2017, Nissan raised workers' monthly base pay by ¥1,500.

As of March 7, US$1 was equivalent to ¥106.17.