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Employers urged government to focus on providing financial subsidies to minimum wage earners instead of granting increase in daily minimum salary that could only lead to more job losses and rising cost of products at this time when businesses and the domestic economy are still in a precarious condition.
Four petitions are pending at the RTWPB-NCR calling for hikes in daily minimum wage ranging from P213 to P470. Instead of granting the petition for increase in minimum daily wage, employers urged that government should put greater attention on jobs creation and preservation of existing jobs. “This cannot be addressed by adding to the cost of doing business fueled by a wage increase,” the groups added.
Given these numbers, the employers’ side said government should be able to formulate policies that would help not only those pandemic affected, but also typhoon-ravaged MSMEs to properly recover and remain in operations.
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