DoLE nominee Laguesma doubts feasibility of nat’l minimum wage - BusinessWorld Online

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DoLE nominee Laguesma doubts feasibility of nat’l minimum wage - BusinessWorld Online
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Bienvenido E. Laguesma, who has been nominated to head the next government’s Labor department, said on Tuesday that a national minimum wage may not be possible because many small companies are still struggling to recover from the pandemic. READ:

Labor groups have been pushing for a national minimum wage amid complaints that the recent regional wage increases force workers to survive on what they called poverty wages.

He added that regional wage boards should focus on improving the productivity of businesses to generate more jobs. The World Bank’s World Development Indicators ranked the Philippine labor force’s productivity at 12th among 18 economies in East Asia and the PaciLast week, the Department of Labor and Employment announced that the Zamboanga Peninsula regional wage board had ordered a P35 minimum wage increase for nonagricultural workers and a P20 hike for agricultural workers.

Eastern Visayas will also see a wage increase of P50 across all industries which will be given in two tranches of P25. This will bring daily pay to P375.

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