The Senate Committee on Labor has already approved in principle the Across-the-Board Wage Increase Act, Senate President Juan Miguel Zubiri said Wednesday. READ MORE:
Zubiri also said a Technical Working Group will discuss a proposed graduated wage increase scheme for local micro, small and medium enterprises , which make up over 90 percent of businesses in the country.
“While we have faith in Senator Zubiri, we are wondering if he has ever consulted with the right government agencies and the employers to back up his bill. One big issue here is that only 16 percent of 50 million workers may benefit from the proposed wage hike,” said ECOP president Sergio Ortiz-Luis.
But the Senate President stressed that the last legislated minimum wage increase was in 1989, at Php89, before the passage of the Republic Act 6727, which created the Regional Wage Boards. Workers there do not have mandated salary deductions such as Social Security, PhilHealth, and Pag-IBIG or housing contributions, which left Filipino workers with a daily take-home pay of P525 in Metro Manila on average, the Senate chief added.
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