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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.....»»
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......»»
Nexperia workers decry mass ‘lay-offs’, claim union-busting
The lay-offs are set to begin while Collective Bargaining Agreement negotiations are underway. The post Nexperia workers decry mass ‘lay-offs’, claim union-busting appeared first on Bulatlat......»»
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......»»
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......»»
NWPC reminds employers to submit annual wage reports
NWPC reminds employers to submit annual wage reports.....»»
SEC-Davao advises timely submission of requirements for amnesty payments
The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»
‘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......»»
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.”.....»»
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......»»
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.....»»
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......»»
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.....»»
SEC raises penalties for late, non-filing of reports
SEC raises penalties for late, non-filing of reports.....»»
SEC raises penalties for late, non-filing of reports
SEC raises penalties for late, non-filing of reports.....»»
Tulfo’s bill seeks to impose stricter penalties for drunk drivers
MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»
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......»»
Explainer: Why were lighter penalties given to cops involved in Jemboy slay?
Baltazar's family believes the court's decision falls short of delivering justice for their son's killing, citing the lighter penalties imposed by the court on the involved cops......»»
Marcos orders grace period for e-trike penalties
President Marcos yesterday suspended for one month the imposition of penalties on e-bikes, e-trikes and other vehicles barred from traversing national roads, citing the need to give drivers more time to adjust to the new policy......»»
LTO hikes penalties for erring car dealers, importers
LTO hikes penalties for erring car dealers, importers.....»»