Although the country sees some signs of recovery, the situation still remains “very unstable”, said a labour official.
Increases in wages have been labelled as “untimely” for the year in the Philippines, as the economy tries to regain its footing, according to a labourofficial.
According to Labour Assistant Secretary Dominique Tutay, there were petitions for pay increases, but they failed to gain traction.
“Both the management, the workers, including the government, know very well the situation of our economy and they cannot just increase the salary,” Tutay told CNN.
Although the country sees some signs of recovery, the situation still remains “very unstable”, she said.
A labour group also shared the Department of Labour and Employment’s sentiment that the wage adjustments would be untimely. It stressed that the current minimum wage rates make workers “vulnerable to inflation”, according to CNN.
The Philippines has a daily minimum wage that varies from region to region. Metro Manila has the highest wage rate in the country, where workers earn 500 pesos (US$9.78) to 537 pesos (US$10.51) daily.
Source: labour official and GWFM Research
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