Tag: Department of Labor and Employment

Substantial wage hike possible in NCR

October 26, 2018

“NCR firms have more than enough profits to support a Php238 minimum wage hike. The latest data from the Philippine Statistics Authority’s (PSA) Annual Survey of Philippine Business and Industry (ASPBI) reports that NCR firms (with 20 and over employees) had combined profits of Php903 billion in 2015 while giving an average daily basic pay […]

P125 wage hike increase necessary, possible and good for economy–IBON

September 20, 2016

Research group IBON said that the P125 across-the-board wage hike proposed by the Department of Labor and Employment (DOLE) is necessary, possible and good for the economy. The group further said that the prices of goods and services do not have to rise and workers do not have to be laid off if employers accept […]