Our high minimum wage. The Philippine minimum wage is far higher than those of Thailand, Indonesia and Vietnam. When they adjusted their minimum wages, they were clear on what minimum meant: mainly to protect the young first-time workers and also the most unskilled from abusive wage levels. And yet, their minimum wage rate today is lower than the current minimum wage rate in effect in our urban areas! If minimum wages have to be adjusted, carry out the changes through the current system of regional wage board reviews and Tripartite consultations.
Source: Philippine Star March 14, 2024 04:00 UTC