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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

Living wage: A social obligation

The term living wage refers to the income level that allows individuals or families to afford adequate shelter, food, health care, education and other necessities......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 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

Prioritizing job creation over wage hikes urged

Creating more jobs is a better way to improve lives than the proposed P350 minimum wage increase by the House of Representatives, according to Go Negosyo founder and Private Sector Advisory Council Jobs Lead Joey Concepcion. .....»»

Category: newsSource:  philstarRelated NewsFeb 28th, 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

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

House panel to start deliberations on wage hike tomorrow

The House committee on labor and employment will start tomorrow deliberations on various bills proposing wage adjustments amid the high inflation rate in the country......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

On wage increases and the long game

This week will see the continued deliberations in the House about the P100 wage increase that was recently given the Senate’s approval......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 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

P38 daily wage hike for Davao region workers

DAVAO CITY (MindaNews / 20 February) – The Regional Tripartite Wages and Productivity Board-Davao Region (RTWPB-Davao) has approved a P38 daily increase for minimum wage earners in the region, to be implemented in two tranches starting next month. In an announcement released by the Department of Labor and Employment (DOLE)-Davao on February 19, it said […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 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

‘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

Labor groups cheer Senate’s approval of P100 wage hike bill

Labor groups cheer Senate’s approval of P100 wage hike bill.....»»

Category: newsSource:  sunstarRelated NewsFeb 21st, 2024

Suspension of PhilHealth contributions sought for minimum wage earners

An economist-lawmaker from the House of Representatives has proposed to suspend the Philippine Health Insurance Corp. premium contributions of all minimum wage earners to increase their take-home pay......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Solon wants to pause PhilHealth contributions for minimum wage earners

A lawmaker is seeking a temporary suspension of the PhilHealth premium contributions for minimum wage earners to utilize the unspent funds of the state insurer to subsidize the premiums of low-income individuals......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Senate OKs P100 wage hike bill on final reading

The P100 minimum wage hike for private sector workers has been approved on third and final reading by the Senate, with 20 affirmative votes and no negative votes or abstentions......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 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

‘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

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

PCCI: P100 wage hike to hurt SMEs

The proposed P100 daily minimum wage increase for private sector workers may hurt small and medium enterprise in the country as it may lead to the reduction of their workforce or even closure, the Philippine Chamber of Commerce and Industry warned......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024