Senate President Juan Miguel Zubiri on Tuesday filed a bill seeking to increase the minimum wage of private workers by P150 amid the soaring inflation in the country.
“Given the urgency of the situation, a legislated wage increase is called for to ease the effect of wage erosion brought about by inflation. This measure proposed a P150.00 across the board increase in the minimum wage of workers in the private sector to cover food, water, fuel, electricity, clothing, transportation, rent, communications, and other personal needs,” Zubiri said in his explanatory note.
This bill will not prevent the respective Regional Tripartite Wages and Productivity Board to grant additional increases to the workers and employees on the basis of its determination pursuant to Republic Act. No. 6727 or the Wage Rationalization Act as amended. Any person, corporation, trust, firm, partnership, association, or entity who will violate any provision of the proposed law might face a fine ranging from P100,000 to P500,000 or imprisonment of two to four years, or both depending on the discretion of the court.
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