A labor group wants the National Economic and Development Authority (Neda) Board representative in the regional wage board in the National Capital Region (NCR) to skip deliberations of the pending P100 wage hike petition, citing bias by the Neda chief.
A LABOR group wants the National Economic and Development Authority Board representative in the regional wage board in the National Capital Region to skip deliberations of the pending P100 wage hike petition, citing bias by the Neda chief.
“The Neda NCR Director who is vice chair of the NCR regional wage board cannot be expected to be impartial on the P100 wage hike petition given the very public opposition by his or her boss,” he added. “Capitalists are profit-maximizing actors. They will not automatically adjust wages in line with productivity,” he added.
Ibon said worker wages have not kept up with their productivity which has increased. NCR worker productivity increased 42 percent between 2012 and 2021 based on gross regional domestic product divided by employment. “It is perplexing for the economic team to speak about workers and their wages as if they’re burdens to the economy,” Africa said in a statement.
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