Employers' bid to hold off minimum wage hike in Western Visayas hit | Inquirer News

Employers’ bid to hold off minimum wage hike in Western Visayas hit

By: - Correspondent / @carlagomezINQ
/ 10:38 PM May 19, 2022

Employers' bid to hold off minimum wage hike in Western Visayas hit

Western Visayas map

BACOLOD CITY — A labor group on Thursday slammed the request of employers to defer the minimum wage hike for workers in Western Visayas.

The Partido Manggagawa (PM) also opposed plans of some businesses to seek exemptions from the wage increase.

Article continues after this advertisement

“It is adding insult to injury to workers for the regional wage boards to exempt and defer the wage hike as demanded by employers. The minimum wage increases are not even enough to recover the value lost to inflation for the past three years,” said Rene Magtubo, PM national chairperson.

FEATURED STORIES

Magtubo said even small businesses can afford to give their workers a pay increase.

“’Wag kayong kuripot (Don’t be stingy). Before the pandemic, businesses, both big and small, accumulated revenues and profit without sharing the productivity gains [with] their workers,” he said.

Article continues after this advertisement

“From 2001 to 2016, the economy doubled in size and productivity increased by 50 percent but real wages remained stagnant. The pie became larger but the slice of workers remained the same. Employers greedily monopolized all the new wealth produced by the blood and sweat of workers,” he added.

Article continues after this advertisement

Magtubo said the economic slump is not enough reason against a pay increase.

Article continues after this advertisement

Workers in domestic and private establishments in Western Visayas will get a minimum wage increase ranging from P55 to P110 starting June 5.

The National Wages and Productivity Commission (NWPC) led by Labor Secretary Silvestre Bello III on Tuesday, May 17, approved the decision of the Regional Tripartite Wages and Productivity Board (RTWPB) to give laborers a wage hike to help them cope with the COVID-19 pandemic and the struggling economy.

Article continues after this advertisement

The wage hike increase was announced through the website of the Department of Labor and Employment (DOLE) on Wednesday, May 18.

Sixto Rodriquez Jr., regional director of the DOLE-Western Visayas, said the wage hike will take effect 15 days from publication in a newspaper of general circulation.

Frank Carbon, vice president for the Visayas of the Philippine Chamber of Commerce and Industry and chief executive officer of the Metro Bacolod Chamber of Commerce and Industry, said the business sector has yet to receive a copy of the new wage order as well as the affirmation of the NWPC.

The Metro Bacolod Chamber of Commerce and Industry is filing a notice of appeal before the RTWPB, seeking to recall its Wage Order No. RBVI-26 granting the pay hike.

RELATED STORY

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

DOLE office justifies approved  ‘low wage increase’ by regional boards

TAGS: wage hike

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.