No Wage Increase....

[wormwood_2020]

No wage increase has been implemented in this year as what comes out yesterday after the 6-man panel member voting for it. their are only two member voted for the increase and of course it is the labor sector, and the non-labor sector voted not to increase this year coz if they pursue on increasing they will close the company and many employees will suffer.



when ta mo-increase ani....

hehehehehe

[junmar4]

sakto ra man sad na walay increase... sige daw, increasan then after 1 month wala nay work, sugot mo?
hehehehe... it's funny, pero it's the truth. labi na local manufacturers.

[wormwood_2020]

yup ur korek coz if mag-increase sad cla a lot of employees will suffer d ba ?..nevertheless as long as we have work ..no matter how small it is ..let's value it DUDe....

[akosabni]

ok ra wa'y wage increase, basta no price increase sab

but if wa'y wage increase, but prices increase, our wage (buying power) decreases

[endymioun]

I agree, unya nalang na ang increase kung stable na gyud ang peso. Mas maayo pa cguro ang price drop down.

[D40]

daghan nga furniture factories ang nagsara na, mga naa sa mepz, ang uban naglisod na, all because of the forex appreciation. Kung musaka ang presyo sa mga palitonon, tungod na sa sige ug saka sa crudo/gasolina.

Kung mag sige ug appreciate, unya walay protection ikahatag ang gobyerno sa manufacturing sector, purchasing power will go down, and we will end up with a recession. Di ta pwede malipay sa appreciation kay mas pabor sa importation ug trading businesses. Mas dako ang ikacontribute sa ekonomiya ang local manufacturing based industry kay dagahan ang matagaan ug trabaho. Unfortunately, imports and buy and sell businesses are the ones surviving, while local manufacturers are either downsizing or closing altogether.

[endymioun]

daghan nga furniture factories ang nagsara na, mga naa sa mepz, ang uban naglisod na, all because of the forex appreciation. Kung musaka ang presyo sa mga palitonon, tungod na sa sige ug saka sa crudo/gasolina.

Kung mag sige ug appreciate, unya walay protection ikahatag ang gobyerno sa manufacturing sector, purchasing power will go down, and we will end up with a recession. Di ta pwede malipay sa appreciation kay mas pabor sa importation ug trading businesses. Mas dako ang ikacontribute sa ekonomiya ang local manufacturing based industry kay dagahan ang matagaan ug trabaho. Unfortunately, imports and buy and sell businesses are the ones surviving, while local manufacturers are either downsizing or closing altogether.

Mao siguro ni ang effect sa mga call centers na niabot.

[lestat1116]

magwelga ang ALU they force a nation wide work stopage if dili matuman ang wage increase they want the 175. unsa kaha ila reaction kung wala na silay trabaho

[edgeknife]

As of now, okey pa ang no wage increase. Kay once ang company nag increase sa ila sweldo, mo-increase man tanan. Mao na gilikayan sa mga employers. It's better to have no wage increase than having your name that will lose your job once there's an increase.

[D40]

few years back, I know the minimum wage in Beijing china converted to philippine terms is P180/day. Vietnam is P150/day this month's forex rate. To compare, manila is P300/day, Cebu is P241/day. China and Vietnam's manufacturing sector is booming, so with thailand. Manufacturing is what drives their economy, and it shows in their trade balance surplus, among other parameters. Us in the Philippines is relying on OCW remittances, hot money inflow/outflow from smuggling and other illegal business activities, and call centers.

We need to increase productivity, not minimum wage. And we can't make it if we have unions dictating business what to do, on threat of strikes, and government yoyo policies, not to mention corruption at all levels.