Sony says it will pay its employees record-high bonuses, even higher than what their union asked for. The compensation from the Japanese electronics giant is equivalent of seven months' salary.
The union demanded a bonus equivalent to 6.9 months of basic salary in this spring's negotiations.
It's unusual for management to set an amount higher than such a request.
This is the first time in two decades for Sony to show such generosity.
The bonus hike is in line with the company's earnings.
Sony is expected to report a record consolidated net profit of about 10 billion dollars for the year ending this month.
A surge in demand for digital entertainment as people stayed home during the pandemic helped lift Sony's earnings.