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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: philstar philstarFeb 17th, 2024

Labor group defends proposed P100 daily minimum wage increase

Labor group defends proposed P100 daily minimum wage increase.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 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

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

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

Labor groups to stage protest for wage hike legislation

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

Category: newsSource:  sunstarRelated NewsApr 29th, 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

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

Labor groups rally against Charter change, call for wage hike instead

MANILA, Philippines — Labor groups are joining the opposition against Charter change (Cha-cha), with one group urging lawmakers to prioritize passing a law for a P150 wage hike for private sector workers. The Federation of Free Workers (FFW) vice president Jun Mendoza Ramirez in a statement on Sunday emphasized the need to concentrate on the immediate.....»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 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

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

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