The Senate approved on Wednesday, Feb. 14 on second reading a bill proposing an increase of P100 in the daily minimum wage for private sector workers in the entire country, which is estimated to benefit over 4.2 million minimum wage earners. Once enacted, Senate Bill (SB) No. 2534 or the P100 Daily...
While the proposed wage increase is meant to support workers, the Department of Finance (DOF) is concerned that it could lead to inflationary pressures and impose a heavier burden on small business owners. Finance Secretary Ralph G. Recto said on Thursday, Feb. 15, that the proposed legislation for...
Department of Labor and Employment (DOLE) Secretary Bienvenido Laguesma said that the intended P100 minimum wage increase in the private sector might create inflationary effects. Citing data from the National Wages and Productivity Commission (NWPC), Laguesma said the proposed pay increase...
The Department of Labor and Employment (DOLE) has expressed willingness to share inputs in the proposal before the Senate to increase the daily minimum wage by P100. DOLE Secretary Bienvenido Laguesma said the department recognizes the power of the Congress to push for legislative salary increase,...
Taiwan has passed a minimum wage law that is set to benefit close to 124,000 Filipino factory workers, the Manila Economic and Cultural Office (MECO) said on Sunday, Dec. 24. MECO chairman and resident representative Silvestre H. Bello III said the new Minimum Wage Act affirmed the wage increase...
TUGUEGARAO CITY, Cagayan – The daily minimum wage of workers in the private sector in Region 2 (Cagayan Valley) will increase by P30 and it will be given in two tranches. Director Jesus Elpidio Atal, Department of Labor and Employment (DOLE)-Region 2 chief, confirmed the wage increase which was...
The National Wages and Productivity Commission (NWPC) has approved the salary adjustment for minimum wage earners in Cagayan Valley, Central Luzon, and in Central Mindanao, the Department of Labor and Employment (DOLE) announced on Thursday, Sept. 28. In a statement, DOLE said the decision of the...
Senate Majority Leader Joel Villanueva has filed a bill which sets living wage as a standard to determine the minimum wage. Senate Bill No. 2140 proposed an amendment to the wage fixing criteria in the Labor Code of the Philippines to put living wage in the front and center in the determination...
Gabriela Party-list Rep. Arlene Brosas (Facebook) "It can hardly buy a kilo of rice." With this remark, Gabriela Party-list Rep. Arlene Brosas slammed the recently approved P40 minimum wage increase in the National Capital Region (NCR), and called it far from sufficient as it falls short of...
President Ferdinand "Bongbong" Marcos Jr. bared that the negotiations for a minimum wage increase are gaining progress. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos said this in a statement on Thursday, June 29, after the Department of Labor and Employment (DOLE), sat down with...
The Philippines ranked second highest in salary rate among ASEAN countries, the Employers Confederation of the Philippines (ECOP) said amid clamor and a pending bill in the Senate seeking for P150 increase in the daily minimum wage rate. ECOP President Sergio Ortiz-Luis Jr. said in an interview at...
The Senate is all set to start deliberations on the measure that seeks to give respite to Filipino workers by legislating a P150 daily wage increase. Senate President Juan Miguel “Migz” Zubiri said senators are in support of a salary hike as the current P570 daily wage is too low. ...