Tag: minimum wage
Minimum wage vs family living wage per region as of January 2023
Pebrero 7, 2023
The January 2023 8.7% inflation continues to widen the gap between the minimum wage and the family living wage. The minimum wage is highest in the NCR but the Php570 here has fallen to only 49.1% of the NCR family living wage of Php1,161. BARMM has the lowest minimum wage at Php341 and this is […]
The Family Living Wage as of November 2022
Disyembre 6, 2022
Real wages fall as inflation spikes
Hunyo 9, 2022
Higher May inflation pushed the real value of wages to even lower levels and is making basic food and transport services even more unaffordable. Inflation far outpaces the outgoing Duterte administration’s wage hikes and wage earners are worse off now than six years ago.
Inflation makes NCR family living wage rise to Php1,087
Mayo 5, 2022
The NCR minimum wage is falling even further behind the FLW and a meaningful increase is more urgent than ever for genuinely inclusive recovery.
Wage hike possible with transparency, gov’t support
Abril 9, 2022
If employers are transparent about their revenues and net incomes this will likely show that large corporations and even many medium enterprises can hike wages with only a small cut on their profits. Government can meanwhile provide wage subsidies and other forms of support to MSMEs who cannot yet afford this.
Wage increase needed to avert only real wage decline in 36 years
Abril 1, 2022
If the Duterte administration does not give a large wage hike, it will finish its term with the only decline in real wages among all post-Marcos administrations over the past 36 years.
Strong economy? Falling real wages
Hulyo 25, 2021
The Philippines’ credit rating by Standard & Poor went up a notch from BBB/ Stable to BBB+ Stable this May, the highest recorded in history. But what use are rising credit ratings if working people still receive paltry wages?
Php750 NCR Minimum Wage Doable
Marso 7, 2020
A substantially higher minimum wage is an important and doable step towards making economic growth genuinely inclusive. Millions of workers and their families will immediately benefit from a Php750 minimum wage in NCR which will only cost employers 8.9% of their profits.
Falling real wages, more expensive food (Updated)
Disyembre 6, 2019