THE Philippines’ biggest labor group has filed a substantial P320 across-the board wage increase petition for the more than six million minimum wage earners in the National Capital Region (NCR) as inflation, which currently stands at 4.6 percent continues to erode the purchasing power of wages. The Trade Union Congress of the Philippines (TUCP) filed the wage increase petition on Thursday before the Regional Tripartite Wages and Productivity Board (RTWPB)-NCR following a careful study on the effects of the inflation rate to minimum wage earners in Metro Manila and elsewhere in the country. We remind the President that the question of wage policy is first and foremost in the minds of people now. The group pointed out that a P320 daily wage increase would bring the minimum wage in NCR to P832 from the existing P512 daily minimum wage to enable a family of five to survive. “That is still far from a decent daily wage but we will still appreciate it if the wage board will grant our present petition” he added.

Source: Manila Times June 14, 2018 05:37 UTC