Department of Labor and Employment (DOLE) Secretary Silvestre Bello III has ordered the review of the country’s minimum wage amid the surging prices of oil petroleum products that is aggravated by the ongoing conflict between Russia and Ukraine. READ:
Department of Labor and Employment Secretary Silvestre Bello III has ordered the review of the country’s minimum wage amid the surging prices of oi petroleum products that is aggravated by the ongoing conflict between Russia and Ukraine.
“The skyrocketing prices of oil products caused by the ongoing conflict between Russia and Ukraine may be a compelling ground for the wage boards to recommend adjustments in the minimum wages of workers,” Bello said on Wednesday, March 9. He added that the RTWPBs nationwide had received petitions for minimum wage increases in their respective areas.
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