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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: philstar philstarFeb 16th, 2024

‘The P100 plus per day minimum wage rate?’

The big issue on labor policies in the country today is the plan to enact a law to increase the existing minimum wage by P100 per day......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

NWPC reminds employers to submit annual wage reports

NWPC reminds employers to submit annual wage reports.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

DOLE-Davao vows to strictly monitor compliance of employers with new wage order

DAVAO CITY (MindaNews / 11 March) – The Department of Labor and Employment (DOLE) – Davao Region vowed Monday to strictly monitor the enforcement of the daily wage increase in the area, warning non-compliant employers they could be meted hefty penalties with possible imprisonment. DOLE-Davao director Atty. Randolf C. Pensoy told the Kapehan sa Dabaw that the Regional […].....»»

Category: newsSource:  mindanewsRelated NewsMar 11th, 2024

House eyes bigger wage hike of up to P350 a day

MANILA, Philippines — The House of Representatives is considering a daily minimum wage hike for all private sector workers higher than the P100 proposed by the Senate, including a bill seeking a P350 increase. In a statement on Sunday, House Majority Leader Manuel Jose Dalipe pointed out that the chamber’s members arrived at a consensus.....»»

Category: newsSource:  inquirerRelated NewsFeb 27th, 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

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

SSS targets 20% profit hike to P100 billion

State-run pension fund Social Security System is expecting at least a 20-percent hike in its bottomline to breach the P100-billion mark this year on increased investment returns and enhanced collection efforts......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Biz groups against P100 salary hike

Biz groups against P100 salary hike.....»»

Category: newsSource:  sunstarRelated NewsFeb 27th, 2024

DOLE-Davao exec calls on Congress to carefully study uniform daily wage hike bill

DAVAO CITY (MindaNews / 11 March) – The legislative push for a nationwide P100 to P400 daily increase for minimum wage earners in the private sector “must be compatible with the socio-economic conditions and purchasing power of each region,” an official from the Department of Labor and Employment – Davao Region (DOLE-Davao) said. “If Congress […].....»»

Category: newsSource:  mindanewsRelated NewsMar 11th, 2024

Wage hike to cut GDP growth, raise unemployment – NEDA

The proposed legislation for a P100 wage increase for private workers could shave up to 0.5 percentage point off the country’s economic growth and reverse gains ......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

‘Wage hike needs to be staggered’

Go Negosyo founder Joey Concepcion said the proposed P100 wage increase should be staggered over time and should be made more sustainable through the upskilling of Filipino workers......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

‘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:  philstarRelated NewsFeb 19th, 2024

Labor groups to stage protest for wage hike legislation

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

Category: newsSource:  sunstarRelated NewsApr 29th, 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

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

Tell it to SunStar: Wage hike deliberations should tackle social justice

Tell it to SunStar: Wage hike deliberations should tackle social justice.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 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

TUCP to House: Pass bill that seeks across-the-board P150 wage hike

TUCP to House: Pass bill that seeks across-the-board P150 wage hike.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 2024

Cebu City Council slashes Rama’s proposed P100B budget to P25B

  CEBU CITY, Philippines — Cebu City Mayor Michael Rama’s proposed P100 billion budget for 2024 was reduced to P25 billion by the City Council, which overrode the mayor’s veto. Councilor Jocelyn Pesquera, vice chairperson of the council’s Committee on Budget and Finance, confirmed the decision on Wednesday, Jan. 24, emphasizing that all provisions in the.....»»

Category: newsSource:  inquirerRelated NewsJan 25th, 2024

EDITORIAL – Improving the plight of workers

The government is not expected to announce a nationwide wage increase as Labor Day is marked today. A populist initiative in the Senate to legislate a hefty wage increase nationwide has failed to gain traction at the House of Representatives, amid calls from all business groups to leave wage-setting to the regional tripartite wages and productivity boards – the mechanism provided by law......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024