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Tag: wage hike

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 hikes need not cause higher prices — IBON

July 20, 2018

Research group IBON said that substantially raising the minimum wage of Filipino workers need not lead to price hikes, contrary to the recent claims of National Economic and Development Authority (NEDA) Secretary Ernesto Pernia. IBON said that wage hikes should be taken from profits instead of being considered a cost of production passed on to […]

Working Filipino’s real wage, purchasing power weakening under Duterte

April 25, 2018

Research group IBON said that accelerating inflation is rapidly eroding the real wage and purchasing power of minimum wage earners in the National Capital Region (NCR). Real wages show the actual value of wages after these are adjusted for inflation. After almost two years in power, the Duterte administration has only raised the minimum wage […]

Amid price hikes: Minimum wage insufficient vs. rising family cost of living — IBON

April 20, 2018

The onslaught of price hikes since early this year has made the mandated minimum wage in the National Capital Region (NCR) even more inadequate for millions of Filipino workers to decently support their families, said research group IBON. IBON computations show that the NCR nominal minimum wage still falls considerably short of the rising family […]

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 […]

IBON Survey: Filipinos think raising workers’ wages should be govt’s top concern

November 3, 2016

In research group IBON’s latest survey, Filipinos top-ranked raising workers’ wages among the most important concerns that government should address. Meaningful and gainful livelihood and improvement of social services emerged as second and third top concerns, respectively. Survey respondents were presented with a list of primary national concerns. These included upholding economic sovereignty, nationalization of […]

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 […]

Wage hikes under Aquino smallest since 1990s

May 1, 2016

Research group IBON said that unless the Aquino administration gives a wage hike before its term ends, it will have given the smallest wage hikes of any administration in the past 24 years. Wage repression is among the biggest reasons why recent rapid growth has been exclusionary and benefiting elites rather than the majority of […]