^

Nation

Calabarzon workers slam paltry wage hike

Sheila Crisostomo - The Philippine Star
Calabarzon workers slam paltry wage hike
”It will only be wiped out by rising cost of living, Dennis Sequena, PM coordinator for Cavite, said yesterday.
Philstar.com / File Photo

MANILA, Philippines — The salary increase for minimum wage earners in Calabarzon (Cavite, Laguna, Batangas, Rizal, Quezon), is just a “loose change”amid rising inflation, according to the Partido ng Manggagawa (PM).

”It will only be wiped out by rising cost of living, Dennis Sequena, PM coordinator for Cavite, said yesterday.

The regional wage board recently granted pay hikes ranging from P14 to P21.50 for minimum wage earners.

“From 2.9 percent last December, inflation has steadily risen to 4.3 percent this March...The wage hike….. will not redound to any real wage improvement,” Sequena said.

PM had earlier opposed the two-tiered wage system in Calabarzon, saying it is an instrument for “cheapening wages.”

“In the two-tiered system, the minimum wage is just a floor wage that will be supplemented by productivity-based increases,” Sequena said.

He noted that companies in the Cavite ecozone do not provide incentives despite a steady increase in labor productivity.

The new wage order, which was published in The Philippine Star last April 13, took effect yesterday.

vuukle comment

SALARY INCREASE

Philstar
x
  • Latest
  • Trending
Latest
Latest
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with