Gov't studying proposed 200-peso wage hike—PBBM

Manila Bulletin

President Marcos said the government is studying the proposed measure calling for a P200 across-the-board daily wage increase for private sector employees, saying they will work to find ways to resolve legal issues that may hound the salary increase.   READ: https://mb.com.ph/2025/1/31/govt-studying-200-wage-hike   Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin  Visit our website at http://mb.com.ph Facebook: https://www.facebook.com/manilabulletin  Twitter: https://www.twitter.com/manila_bulletin Instagram: https://instagram.com/manilabulletin Tiktok: https://www.tiktok.com/@manilabulletin  #ManilaBulletinOnline #ManilaBulletin #LatestNews

Transcript

00:00Yes, well, the thing is that we have a tripartite board that actually determines the increase

00:08in the wage increase.

00:09So we'll have to still, we still have to study it to see how that will work together.

00:14Because this is, the tripartite body was a creation of Congress, they created it, they

00:22wrote a law and created that kind of entity, that's their job, to know what should be the

00:32minimum wage.

00:34So now with this, I don't know how that's going to work together.

00:38But we'll see, we'll try to resolve that because, as you know, it's very clear that the inflation

00:48in the economy is very high, and we're not yet able to fully test that.

00:55It's certainly something that we have to think about, to assist the common people.

01:01There are other, it's not only one side to this question, there are many sides to this

01:07question.

01:08The employers are worried, they say that especially the small employers, for example, the sari-sari

01:17store, garages, beauty parlors, the small ones, if the minimum wage is increased, their

01:28employees will be reduced because their money is still the same, they won't be able to add

01:34their salary.

01:35So how will that affect the economy?

01:39How will that affect the MSMEs?

01:42It's really the small, it's a corporate, there's no problem with that.

01:45If it's a big corporation, they can do that, any increase you put in, they can do that.

01:50But the small ones, that's what others are worried about.

01:54And if there will, we are also studying if there will be an increase in consumer pricing.

02:02Meaning, inflationary, maybe it will be inflationary.

02:06But I think there is a way to increase that, but we have to resolve the legal issues, we

02:11have to resolve the economic issues.

02:13So it still deserves a great deal of study.

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Transcript

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