Thursday, July 24th14.1°C
21452
21953

Panasonic compensates employees for China pollution problem in rare move for global companies

TOKYO - Japanese electronics maker Panasonic Corp. is compensating employees for living with air pollution in China.

The payment for what the company described as the "PM2.5 problem," referring to tiny particles in the air that at sufficient quantities reduce visibility and increase health risks, is part of a package negotiated annually for employees in China who belong to the Panasonic union.

Chinese cities such as Beijing and Shanghai have become notorious for noxious air but pollution pay is still relatively rare among global companies.

The company on Thursday did not disclose the amount of the payments, which start in April, or give a number for those eligible.

Panasonic employs about 70,000 people in China and was among the first Japanese companies to expand aggressively there.

It said the compensation is offered to union members, but not to locally hired staff.

The Canadian Press


Read more Business News

22447


Recent Trending




Today's Market
S&P TSX15397.31+2.93
S&P CDNX1009.63-2.60
DJIA17083.93-2.70
Nasdaq4472.107-1.59
S&P 5001987.91+0.90
CDN Dollar0.9308-0.0016
Gold1297.50-7.00
Oil104.30-0.29
Lumber326.40-7.00
Natural Gas3.84+0.078

 
Okanagan Companies
Pacific Safety0.200.00
Knighthawk0.01-0.005
QHR Technologies Inc1.16+0.01
Cantex0.08+0.02
Anavex Life Sciences0.29-0.035
Metalex Ventures0.075+0.005
Russel Metals35.62-0.03
Copper Mountain Mining2.82+0.06
Colorado Resources0.21-0.005
ReliaBrand Inc0.10+0.019
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.19+0.01

 



21623

FEATURED Property
1586917920 Purcell Court
4 bedrooms 4 baths
$569,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Geopolitical tensions rattle markets

The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...


Labour shortage in BC

The mainstream media are finally waking up to something unusual in British Columbia – a labour shortage. If the experience of Alberta is a guide to our own future, the highly skilled labour will...


Learn to delegate effectively

Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...

_








Member of BC Press Council


22097