Tag: national minimum wage

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 […]

IBON: Wage hike needed as Filipino families’ incomes erode January-July due to inflation

August 31, 2018

A substantial increase in the minimum wage is necessary and doable as the country’s poorest households are losing income due to escalating inflation, said research group IBON, contrary to the recent claims of an employers’ group. IBON estimates that income losses of the poorest 60 million Filipinos ranged from Php1,276 to as much as Php3,489 […]

Wage hike only 18% cut in profits

August 3, 2018

Raising wages substantially remains a pressing and legitimate call that is doable and good for the economy. #NutriAsiaWorkers

TRAIN-driven rising cost of living makes wage hike urgent

July 9, 2018

Research group IBON said that tax-driven inflation is making the meager wages of poor Filipinos fall even further behind the rising cost of living. The group said this makes it even more urgent for the government to immediately raise wages even as it revisits the Tax Reform for Acceleration and Inclusion (TRAIN) law behind the […]

Infographic: Employers can afford to pay a Php750 National Minimum Wage (NMW)

April 30, 2017

“… Raising wages – for instance, initially with a Php125 across-the-board increase in the minimum wage and then working towards a Php750 national minimum wage – and ensuring that workers receive this has a wide range of gains. This will improve the welfare of some 10 million families with main income from wages, have spillover […]

National Minimum Wage/ Economic reforms the most compelling reason to continue peace talks

February 5, 2017

Pres. Rodrigo Duterte recalled the government’s peace negotiators from negotiations with the National Democratic Front of the Philippines (NDFP) until being given “compelling reason” to resume talks. Research group IBON, however, points out that the most compelling reason for having peace talks are the economic and political reforms on the agenda that can address the roots […]

Path not to take: The exclusionary and elitist Daang Matuwid

May 8, 2016

#BeyondElections2016 | The Aquino administration’s long-playing call to sustain its so-called legacy of a fast-growing economy driven by “good governance” resonated in the “ituloy ang Daang Matuwid” electoral campaign. That the elections are just a day away and that the term of Pres. Benigno S. Aquino III is nearing its end are opportune moments to review […]

Worst jobs crisis by far: Job creation down; 24 million employed in poor quality work under Aquino

April 30, 2016

#BeyondElections2016 | Research group IBON said that while the Philippines saw growth, increasing corporate profits, investor confidence and international media hype under the Aquino administration, less new jobs were created, joblessness remains high, and the quality of work has worsened. Falling job creation under the incumbent administration has resulted in the most unemployed, underemployed, discouraged […]

P750 national minimum wage doable–IBON

April 29, 2016

  Research group IBON said that it is possible for workers nationwide to receive the proposed national minimum wage (NMW) of Php750. Millions of workers and their families will immediately benefit while employers still keep over 70% of their substantial profits. The NMW is an immediate, important, and doable step towards making economic growth genuinely […]