The Employers Confederation of the Philippines (ECOP) on Friday expressed concern for micro enterprises if they can shoulder the cost of higher daily minimum wage in the National Capital Region (NCR).
The Employers Confederation of the Philippines on Friday expressed concern for micro enterprises if they can shoulder the cost of higher daily minimum wage in the National Capital Region .
For those in the agriculture sector, service, and retail establishments employing 15 or fewer workers, as well as manufacturers regularly employing less than 10 workers, the daily minimum wage was hiked to P573.00 from P533.00.The ECOP chief said that while he does not think that the wage hike will compel micro enterprises to close shop, “maraming nag-aabbang na micro na baka hindi na tumuloy magbukas, mag-operate, o magdagdag ng tao .
Partido Manggagawa shared the similar sentiment, saying the wage increase “is way below the P100 – P1,140 wage hike petitions filed by several labor groups since December last year.”
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