QUICK and Payroll Introduce the Prompt Wage Indicator 'QPI' to Analyze Salary Trends
In an age where rising living costs are affecting economies worldwide, understanding wage trends is more crucial than ever. Recognizing this, QUICK Corporation, based in the Chuo Ward of Tokyo, and Payroll Corporation, located in Koto Ward, Tokyo, have teamed up to unveil a revolutionary indicator called the Quick-Payroll Index (QPI). The QPI aims to provide a swift and comprehensive analysis of corporate wage trends by utilizing salary data from Payroll's clients.
The QPI stands out for its high responsiveness, producing data at the beginning of the month following the payroll payment month. This immediacy offers a timelier view of wage movements than public statistics, allowing businesses and economists to make informed decisions based on real-time data. For instance, the wage data for June 2025 was calculated based on the records of 137 companies that agreed to share their payroll data from a total of 55 firms using Payroll services. This allows the QPI to reflect actual wage dynamics more accurately, showcasing real-world salary trends.
1. High Responsiveness: The QPI data is ready by the start of the month immediately following payroll, enabling businesses to monitor wage trends in real time.
2. Accuracy Based on Real Data: By employing actual salary calculation data, QPI mirrors the realities of wage trends accurately.
3. Multifaceted Analysis: The QPI considers not just basic salary, but also disposable income and fluctuations in taxes and social insurance contributions, offering a holistic view of compensation.
The QPI has revealed significant trends for June 2025. Reportedly, the basic salary (所定内給与) saw an increase of 3.1% compared to the previous year. While this indicates ongoing wage increases, it has notably slowed from May 2024's 3.2% rise, suggesting that wage growth is still lagging behind the 3.4% increase in the Consumer Price Index observed in May 2025.
In stark contrast, the disposable income for June 2025 plummeted by 5.2% year-on-year, a significant drop from the 14.1% increase in June 2024 due to changes in tax policies. This decline underscores the financial strain on individuals, particularly as fewer government benefits made a substantial impact in the previous year.
The trends continue to paint a picture of a complex economic landscape. The average increase for basic wages in June was approximately 12,000 yen, while disposable income faced an average decrease of about 53,000 yen. Following the patterns, these metrics highlight the challenges facing regular workers, especially where higher taxes and social insurance contributions have a more significant effect than wage growth.
QUICK has committed to publishing detailed analysis reports utilizing the QPI on a monthly basis, ensuring transparency in wage trends and supporting various stakeholders including financial institutions, investors, businesses, and research organizations in their decision-making processes. The ongoing evaluation and dissemination of the QPI data are set to play a pivotal role in understanding reimbursement patterns and contribute positively to economic forecasts.
QUICK Corporation is a financial and economic information service company belonging to the Nikkei Group. It aims to aid vital decision-making by offering foresighted services from an impartial and neutral standpoint to various sectors, including finance, businesses, public institutions, local governments, and individual investors. You can learn more about QUICK and their services through their corporate site: QUICK Official Site.
For inquiries regarding this press release, feel free to contact at: QUICK Contact Page.
What is QPI?
The QPI stands out for its high responsiveness, producing data at the beginning of the month following the payroll payment month. This immediacy offers a timelier view of wage movements than public statistics, allowing businesses and economists to make informed decisions based on real-time data. For instance, the wage data for June 2025 was calculated based on the records of 137 companies that agreed to share their payroll data from a total of 55 firms using Payroll services. This allows the QPI to reflect actual wage dynamics more accurately, showcasing real-world salary trends.
Key Features of QPI
1. High Responsiveness: The QPI data is ready by the start of the month immediately following payroll, enabling businesses to monitor wage trends in real time.
2. Accuracy Based on Real Data: By employing actual salary calculation data, QPI mirrors the realities of wage trends accurately.
3. Multifaceted Analysis: The QPI considers not just basic salary, but also disposable income and fluctuations in taxes and social insurance contributions, offering a holistic view of compensation.
Latest Insights
The QPI has revealed significant trends for June 2025. Reportedly, the basic salary (所定内給与) saw an increase of 3.1% compared to the previous year. While this indicates ongoing wage increases, it has notably slowed from May 2024's 3.2% rise, suggesting that wage growth is still lagging behind the 3.4% increase in the Consumer Price Index observed in May 2025.
In stark contrast, the disposable income for June 2025 plummeted by 5.2% year-on-year, a significant drop from the 14.1% increase in June 2024 due to changes in tax policies. This decline underscores the financial strain on individuals, particularly as fewer government benefits made a substantial impact in the previous year.
The trends continue to paint a picture of a complex economic landscape. The average increase for basic wages in June was approximately 12,000 yen, while disposable income faced an average decrease of about 53,000 yen. Following the patterns, these metrics highlight the challenges facing regular workers, especially where higher taxes and social insurance contributions have a more significant effect than wage growth.
What Lies Ahead
QUICK has committed to publishing detailed analysis reports utilizing the QPI on a monthly basis, ensuring transparency in wage trends and supporting various stakeholders including financial institutions, investors, businesses, and research organizations in their decision-making processes. The ongoing evaluation and dissemination of the QPI data are set to play a pivotal role in understanding reimbursement patterns and contribute positively to economic forecasts.
About QUICK
QUICK Corporation is a financial and economic information service company belonging to the Nikkei Group. It aims to aid vital decision-making by offering foresighted services from an impartial and neutral standpoint to various sectors, including finance, businesses, public institutions, local governments, and individual investors. You can learn more about QUICK and their services through their corporate site: QUICK Official Site.
For inquiries regarding this press release, feel free to contact at: QUICK Contact Page.
Topics Business Technology）
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