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‘Legislated wage hike spells job losses’

A bill that seeks a P100 increase in the daily minimum wage for private workers nationwide could spell job losses especially in labor-intensive sectors, economists warned......»»

Category: financeSource: philstar philstarFeb 19th, 2024

Philippine daily wage insufficient to meet family living expenses

MANILA, Philippines — The nationwide daily wage disparity averaged P762 as of March 2024, with the daily minimum wage averaging only P440, the think tank Ibon Foundation said on Wednesday. Data from the Ibon Foundation showed that the wage gap was computed based on the average daily minimum wage and the average family living wage.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2024

Bill pushing P100 daily wage hike gets Senate nod on 2nd reading

MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers.  Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Workers buck wage hike in installments

Stressing the need for a one-time significant wage increase to effectively stimulate the local economy, labor group Federation of Free Workers has rejected the proposal by some legislators and the business sector for an installment-based legislated wage increase......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Workers seek Church help on wage hike

The Federation of Free Workers (FFW) is seeking the intervention of the Catholic Church for immediate passage of the pending P150 legislated nationwide wage hike......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Is the proposed wage hike good or bad for SM?

SM executives are monitoring developments over the proposed legislated wage hike, as it could push up operating costs.....»»

Category: newsSource:  rapplerRelated NewsFeb 29th, 2024

Senators defend P100 wage hike

Senators yesterday defended their legislated salary increase recently passed on second reading, following a comment from an Employers Confederation of the Philippines (ECOP) official who called the P100 wage hike a “catastrophe.”.....»»

Category: newsSource:  philstarRelated NewsFeb 18th, 2024

Employers’ group asks President Marcos: Veto P100 wage hike law

President Marcos should veto a proposed measure legislating a P100 daily across-the-board increase for the private sector as there is no way that small businesses can comply with the legislated wage hike, Employers Confederation of the Philippines (ECOP) chairman Sergio Ortiz-Luis Jr. said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

House not keen on backing Senate’s wage hike

Officials of the House of Representatives are not keen on supporting the Senate-approved P100 legislated wage hike, citing reasons such as the capacity of employers to implement the measure......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Hotel group bucks legislated wage increase

The proposed legislated wage increase would hurt the tourism industry, particularly hotels still grappling with the effects of strict pandemic restrictions enforced four years ago, a business group declared......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Lawmaker proposes gradual 3-year wage hike for private workers

A lawmaker on Wednesday proposed gradually increasing the minimum daily wage for private sector workers by P100 over three years. Manila Rep. Joel Chua believes this approach would be manageable for businesses still recovering from the pandemic. He emphasized the importance of balancing the interests of workers and businesses while implementing the wage hike. A.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

Workers demand wage hike anew

With just a few days before Labor Day, hundreds of workers from trade unions yesterday gathered to form stronger ties and demand a legislated wage increase......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

Concepcion: Creating jobs more sustainable than legislated wage hike

A skilled workforce and a vibrant economy that creates jobs are a more sustainable approach to attaining higher wages instead of immediately increasing the minimum wage, according to entrepreneurship advocacy group Go Negosyo......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

‘Informal workers to benefit from P100 wage hike’

Contrary to an employers’ group’s claim, informal workers would also benefit from the proposed P100 legislated wage increase, according to labor group Partido ng Manggagawa......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Employers buck legislated P100 wage hike

A Senate bill seeking a P100 increase in the daily minimum wage for private sector workers nationwide is facing opposition from employers who say this will hurt micro and small businesses and dampen investors’ appetite......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

Pages: Palaro spells CEBU: Compete. Explore. Bond. Unite

Pages: Palaro spells CEBU: Compete. Explore. Bond. Unite.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Employers back staggered wage hike

The umbrella organization of employers in the country believes it is best to leave decisions on wage increases, which have historically been implemented on a staggered basis, to the regional wage boards......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

Senate OKs on second reading P100 wage hike

The Senate approved on second reading yesterday a bill seeking a P100 daily minimum wage increase for private sector workers – a Valentine’s gift to minimum wage earners......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Labor groups to stage protest for wage hike legislation

Labor groups to stage protest for wage hike legislation.....»»

Category: newsSource:  sunstarRelated News15 hr. 47 min. ago

Teachers’ group calls anew for wage hike

Ahead of Labor Day, the Alliance of Concerned Teachers (ACT) renewed its calls for a wage hike, urging the government to raise to P50,000 the entry-level salary of teachers......»»

Category: newsSource:  philstarRelated NewsApr 28th, 2024

P15 daily minimum wage hike in Caraga to effect on May 1

P15 daily minimum wage hike in Caraga to effect on May 1.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024