Minimum wage earners in Metro Manila may enjoy a minimum rate of 675 per day if the government approves the latest petition filed by the Associated Labor Unions-trade Union Congress of the Philippines (ALU-TUCP)
Last May 24, 2017, the ALU-TUCP has formally asked the wages and productivity board to increase the daily minimum wage of private workers in the National Capital Region (NCR) from the current P491 to P675.
The request, filed before the Regional Tripartite Wages and Productivity Board-NCR, represent an increase of P184 per day for minimum wage earners. TUCP said the purchasing power of the current P491 minimum wage is on P357.09.
The “purchasing power” is defined as the value or quality of goods or services that can be purchased by the currency such as the Philippine Peso. It is computed based on various economic indicators, such as the inflation or the increase in the price of goods.
Gerard Seno, vice president of ALU-TUCP, said the purchasing power of the minimum wage show that it is below the poverty threshold set by the government.
“We filed a petition for wage increase today to help restore the dignity of workers who are getting poorer everyday despite helping our economy grow consistently high” he said
“We are actually just asking the wage board to restore the purchasing power of the workers’ wages and to compensate their contribution to improvement of the economy” added Seno.
The decision on the request may take a few months as the wage board will only start deliberating on the petition for the wage increase on June 2.
The law forbids the wage board to tackle any request for an increase within one year from a previous adjustment. The last minimum wage hike in Metro Manila was in June 1, 2016, when the government approved an increase of P10 from P481 to P491.
ALU-TUCP said they will also file petitions to raise the minimum wage hike in other regions.
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