Metro Manila Minimum Wage Hike Called 'Historic' by Government, 'Insult' by Labor Groups
Hızlı Bakış
- Metro Manila's minimum wage earners will see the largest single wage increase ever approved, rising from 695 to 755 pesos this month, then to 780 pesos by January.
- While the government hails it as 'historic,' labor groups deem it an 'insult,' arguing it fails to cover the soaring cost of living.
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Metro Manila's minimum wage earners have received the largest single wage increase ever approved, though its adequacy is debated.
The government called it “historic”. Labour groups called it an insult.
The increase, to be rolled out in two stages, was confirmed by the Department of Labour and Employment on Tuesday.
Non-agricultural workers will see their daily wage rise from 695 pesos to 755 pesos this month, then to 780 pesos by January. Employees of smaller companies and agricultural workers will see a similar, slightly lower increase, climbing from 658 to 743 pesos over the same period.
On paper, it marks a record increase. In practice, economists and labour leaders say it does not even come close to covering a soaring cost of living that has outrun wages for years.
Açık Sorular
- Will further wage adjustments be considered?
- What is the long-term economic impact?
