Contemporary issues facing the

Filipino Entrepreneur
MINIMUM WAGE
What is minimum wage?

 it is expected to be enough for the ordinary

worker to afford things that he/she usually
buys.
 objective:; increasing minimum wage to
improve lives of ordinary households but in
reality, it brings unemployment that results in
surplus of laborers.
Filipinoworker’s protests in
august for wage increase and
national minimum wage,
regularization.
Minimum Wage

 Higher wage rates translate to lower

profit because the companies have
to pay workers more. Therefore, in
respond in higher wages the price of
goods increases
Minimum Wage

SoHigher Wages, Higher Prices,

Fewer Employees
Contemporary issues facing the
Filipino Entrepreneurs

Universalminimum wage for

all employees in the country