DOLE wants 'balanced solution' over proposed P150 wage hike | ABS-CBN
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DOLE wants 'balanced solution' over proposed P150 wage hike
DOLE wants 'balanced solution' over proposed P150 wage hike
ABS-CBN News
Published May 12, 2023 02:14 PM PHT

MANILA — The Department of Labor and Employment said a "balanced solution" is needed on the proposed P150 across-the-board minimum wage hike for private sector workers.
MANILA — The Department of Labor and Employment said a "balanced solution" is needed on the proposed P150 across-the-board minimum wage hike for private sector workers.
In an ANC interview Friday, Labor Secretary Bienvenido Laguesma also assured Filipino workers the agency is not sitting on the wage hike petitions, saying the Regional Tripartite Wages and Productivity Boards have been actively assessing them.
In an ANC interview Friday, Labor Secretary Bienvenido Laguesma also assured Filipino workers the agency is not sitting on the wage hike petitions, saying the Regional Tripartite Wages and Productivity Boards have been actively assessing them.
"I would not want to preempt also what the Senate committee would be coming up... The important thing is that they recognized the need for a serious consideration. The fact that they created [and] approved a technical working group is an indication that they also recognized that there is a need for them to look at a balanced solution," he told "Headstart".
"I would not want to preempt also what the Senate committee would be coming up... The important thing is that they recognized the need for a serious consideration. The fact that they created [and] approved a technical working group is an indication that they also recognized that there is a need for them to look at a balanced solution," he told "Headstart".
Senate President Miguel Zubiri has filed a bill seeking to increase the daily wage of private sector employees by P150 or an increase of about P3,000 a month.
Senate President Miguel Zubiri has filed a bill seeking to increase the daily wage of private sector employees by P150 or an increase of about P3,000 a month.
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Micro, small and medium enterprises or MSMEs represent 99 percent of enterprises in the country, the 2021 list of establishments of the Philippine Statistics Authority showed.
Micro, small and medium enterprises or MSMEs represent 99 percent of enterprises in the country, the 2021 list of establishments of the Philippine Statistics Authority showed.
For the Employers Confederation of the Philippines, members of micro industries may not afford the proposed wage hike.
For the Employers Confederation of the Philippines, members of micro industries may not afford the proposed wage hike.
ECOP president Sergio Ortiz-Luis Jr. said many businesses have yet to recover from pandemic-induced losses.
ECOP president Sergio Ortiz-Luis Jr. said many businesses have yet to recover from pandemic-induced losses.
"I don't think they can. Even their weekly or monthly salary, they have a problem meeting it," he also told "Headstart".
"I don't think they can. Even their weekly or monthly salary, they have a problem meeting it," he also told "Headstart".
At present, Metro Manila has the highest daily nominal wage rate at P570 per non-agriculture while the lowest is at P316 also non-agriculture for the Bangsamoro Autonomous Region in Muslim Mindanao.
At present, Metro Manila has the highest daily nominal wage rate at P570 per non-agriculture while the lowest is at P316 also non-agriculture for the Bangsamoro Autonomous Region in Muslim Mindanao.
Read More:
DOLE
Department of Labor and Employment
Bienvenido Laguesma
ECOP
Employers Confederation of the Philippines
Sergio Ortiz-Luis Jr
Senate
wage increase
wage hike
corporations
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