Firm’s petition for wage hike exemption studied | Inquirer News

Firm’s petition for wage hike exemption studied

/ 07:27 AM October 05, 2011

The wage board will tackle a Cebu-based company’s request for exemption of the P20 minimum wage increase.

Central Visayas Labor Director Exequiel R. Sarcauga said only one company in Central Visayas so far  submitted a petition for exemption from the implementation of the P20 wage hike.

Sarcauga, who is also the chairman of the Regional Tripartite Wage and Productivity Board (RTWPB-7), however, refused to name the company because the board would still decide whether to approve the petition.

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He said that only the “distressed” companies were qualified to submit the petition.

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Sarcauga said that if a company underwent a 20 percent decrease on revenue for 2010, then they would be qualified to submit the petition.

The RTWPB-7 approved the P20 wage hike last September and is the highest wage increase approved for the region so far.

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It was implemented in Central Visayas last Sept. 22.

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Workers in Class A areas—including Metro Cebu, Carcar City and Danao City—recieved P305 in daily pay up from the current P285.

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Workers in Class B areas—those outside Metro Cebu but within Cebu province— recieved P285 per day, up from P265.

Those in Class C areas—including Siquijor, Bantayan and Camotes Islands— recieved P260 per day, up from P240./Reporter Candeze R. Mongaya

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TAGS: petitions, wage hike

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