This document summarizes the views of labor groups and economists on the proposed P20 wage adjustment in the National Capital Region. A labor group representative said that the proposed adjustment was an "insult" that would anger workers rather than make them happy. An economist noted that the adjustment would only align current wages with current prices and not constitute a real increase. To recover the value lost to inflation, the economist said wages would need to be increased by at least P28.17. Labor groups have petitioned for a daily minimum wage of P750 but recent adjustments have only been P9 to P56.
This document summarizes the views of labor groups and economists on the proposed P20 wage adjustment in the National Capital Region. A labor group representative said that the proposed adjustment was an "insult" that would anger workers rather than make them happy. An economist noted that the adjustment would only align current wages with current prices and not constitute a real increase. To recover the value lost to inflation, the economist said wages would need to be increased by at least P28.17. Labor groups have petitioned for a daily minimum wage of P750 but recent adjustments have only been P9 to P56.
This document summarizes the views of labor groups and economists on the proposed P20 wage adjustment in the National Capital Region. A labor group representative said that the proposed adjustment was an "insult" that would anger workers rather than make them happy. An economist noted that the adjustment would only align current wages with current prices and not constitute a real increase. To recover the value lost to inflation, the economist said wages would need to be increased by at least P28.17. Labor groups have petitioned for a daily minimum wage of P750 but recent adjustments have only been P9 to P56.
Wages lose value, fail to cope with price hikes ARRIESGADO-SEVILLENO NHS
By: Jovic Yee Not an increase
Sentro’s resident economist, Czar Joseph Rolly
Castillo, noted, however, that this did not necessarily follow that they wanted only this amount to be added to the minimum wage, since such an amount could not be considered an increase.
“What it will do is only to align the current
wage with the current prices,” Castillo said.
Earlier, Labor Secretary Silvestre Bello III said
that the NCR wage board might implement by October a P20 wage adjustment.
The Associated Labor Unions-Trade Union
Congress of the Philippines (ALU-TUCP) said this BRAVE MAN: He is Bobet Abela of Sta. Cruz, Palanas proposed “paltry” adjustment was “demeaning” to works daily at Winter’s Farm just to support the needs of his family though sometimes his salary is workers and “insensitive” to their plight. not enough he never give up those trials that he encountered every day. Minimum wage earners are bearing the brunt of increasing prices of basic commodities, which were A labor group on Friday said the reason workers could being blamed on a tax reform package that removed barely make ends meet was the real value of their taxes from workers’ pay but imposed higher taxes on wages now could only buy products at their 2017 some basic goods. price levels.
Based on a computation made by the Sentro ng
mga Nagkakaisa at Progresibong Manggagawa (Sentro), for a worker in the National Capital Region (NCR) to recover the value of his wage that was lost due to inflation, at least P28.17 should be added to his daily wage of P512
DILIGENT AND HOTTEST WOMAN: For all the things
the hands of this mother have held the best for her LIVE, FIGHT AND SURVIVE: He is Sandy Mahinay, 24 babies and family. She is Lorgina Aguilar, 41 years old years old, married with one child. He tried his best with six children. She always make something for just to cope up the value of his wage lost due inflation them Insult
“If the wage board will officially announce a P20
wage hike adjustment, the workers will be very angry rather than be happy,” ALU-TUCP spokesperson Alan Tanjusay said.
Castillo said that given the high cost of
commodities and the erosion of the value of the minimum wage, the proposed P20 wage adjustment was not enough for a worker to revert to the same purchasing power he had last year.
“There is a huge gap between the current level of
prices and the P512 daily minimum wage, which distorts the real value of wage,” Castillo said.
“Hence, the urgent task of the government is to
increase the daily wages by at least P28.17 just to recover from the inflation and later, real wage increase should be added,” Castillo said.
Currently, labor groups have pending petitions to
increase the daily minimum wage to as much as P750. But over the last few months, regional wage boards across the country gave adjustments of only P9 to P56 to supposedly help workers cope with rising costs of basic goods and services.