Monday, September 24, 2018
Close  
  • share this

Dole studying feasibility of proposed 14th-month pay in private sector

/ 08:24 PM August 15, 2018
Labor Secretary Silvestre Bello III. (File photo from GRIG C. MONTEGRANDE / Philippine Daily Inquirer)

Labor Secretary Silvestre Bello III. (File photo from GRIG C. MONTEGRANDE / Philippine Daily Inquirer)

The Department of Labor and Employment (Dole) is studying the feasibility of the proposed mandatory 14th-month pay for workers in the private sector.

“The President is consulting with our economic advisers,” Labor Secretary Silvestre Belllo III said in a statement on Wednesday. `We at DOLE are also consulting with both the labor and management on the feasibility of the 14-month pay to workers. In other words, there is willingness and openness in the proposal for the 14-month pay.”

ADVERTISEMENT

Senate Bill No. 2 – “An Act Requiring Employers in the Private Sector to Pay 14th Month Pay” – was filed by Senate President Vicente Sotto III and has been pending in the Senate since July 2016.

Under the bill, “rank-and-file employees regardless of their employment status, designation, and irrespective of the method by which their wages are paid provided that they have worked at least one month during the calendar year” will be entitled to a 14th month pay.

FEATURED STORIES

Bello said Dole would need to study the bill before indicating its position, which would also depend on results of consultations.

“Foremost is the need to maintain the beneficial social partnership between workers and employers, as well as in considering its possible implications in the economy,” Bello said.

“The proposed 14-month pay for our private workers is a huge help for their families,” he added. “It’s extra earnings to cope… with the rising inflation, but we also have to consider a lot of factors” /atm

Read Next
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: 14th month pay bill, DOLE, Silvestre Bello III, Tito Sotto, Vicente Sotto III
For feedback, complaints, or inquiries, contact us.
newsinfo

Dense swarm of bats causes flap at Vienna airport

September 24, 2018 09:37 PM

newsinfo

At UN, Trump calls for global action on drugs

September 24, 2018 09:19 PM

newsinfo

Italy government adopts anti-migrant decree

September 24, 2018 09:10 PM



© Copyright 1997-2018 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.