Employers must pay their employees the mandatory 13th-month pay on or before December 24, Christmas Eve, the Department of Labor and Employment (DOLE) reminded them Wednesday. READ:
Private sector employers are mandated to pay the benefits due to their workers equivalent to an employee’s one-month salary, Labor Secretary Bienvenido Laguesma said.
Prices have increased by 10 percent to 27 percent, depending on the product, compared to 2021, Trade Undersecretary Ruth Castelo said during the Laging Handa briefing. “That matter is between the employer and employees. They can just come to an agreement. We have not overcome the pandemic, but we need to understand the condition of the workers. For our relationship to be happy, I hope we grant them what is set by the 13th-month pay law,” Laguesma said.
“DTI continues to monitor, especially now, during the Christmas Season. For the Noche Buena products, we have a list of prices sold in the market,” she said.“We also have a standing appeal to the manufacturers. We understand that cost of production during this time is really high, but we appeal to them that if possible, the increase should be at an absolute minimum, but at the same time, they won’t suffer losses.
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