Originally Posted by Tirong-say
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But does 285p could compensate the needs, let us say having two kids and renting his accomodation?-> When there is a need and the will power, there is a way. People always find ways and means to get by. It is impossible for someone to just give up and die on the street. The Philippine situation is nothing like that of Africa where malnutrition as at an alarming rate. Where corruption is the lifeblood of politicians. At least here, there are still those who serve the state without the need to resort to corruption, however few they may be.
1.) But Isn't it a threat, like it's either you will lose your job or we will only give you a very low salary. Then what kind of a threat is that? -> look at this from another POV:
you are previously compensated at Php267/day. Now RTPWB-7 says minimum is now PHP285/day
The company reacts by complying but also to sustain itself let's go of people whose jobs are redundant. YOU just happen to be lucky nga wla gi pa hawa. How would you react to managements decision and action? Place yourself in the shoes of the manager of the company and think hard about your next answer.
2.) He is one of the richest man in the philippines isn't it, then why he was not able to give a better compensation. I agree with you, that an unhappy worker is an unproductive worker that would eventually contribute to the downturn of a company, then where is it now in the case of PAL?
->He is rich because of the dozens of other businesses that he has. It is not logical and entrepreneurial to have one thriving business feed the fledging business. A business is suppose to stand and survive on its own merit and efforts. otherwise, it would have lost sight of why it started the business in the first place. No one with 10 businesses or more will have the 9 businesses or more help out the 1 that is losing. those 9 businesses or more EARNED those profits by sheer efficiency and hard work. This is not a family. This is business. it is completely different and follows completely different rules and guidelines.
The worker works because he wants to earn for a living to sustain himself, the investor wants some workers to run his business, it's a symbiotic relationship, the worker is oblige to work and be productive as he can as to promote the business of the investor, the obligation of the investor is to pay the worker and look after his welfare.Not that the worker will find other means just to survive because he is given a sub-standard salary.
ARTICLE 124. Standards/Criteria for minimum wage fixing. – The regional minimum wages to be established by the Regional Board shall be as nearly adequate as is economically feasible to maintain the minimum standards of living necessary for the health, efficiency and general well-being of the employees within the framework of the national economic and social development program. In the determination of such regional minimum wages, the Regional Board shall, among other relevant factors, consider the following:
(a) The demand for living wages;
(b) Wage adjustment vis–vis the consumer price index;
(c) The cost of living and changes or increases therein;
(d) The needs of workers and their families;
(e) The need to induce industries to invest in the countryside;
(f) Improvements in standards of living;
(g) The prevailing wage levels;
(h) Fair return of the capital invested and capacity to pay of employers;
(i) Effects on employment generation and family income; and
(j) The equitable distribution of income and wealth along the imperatives of economic and social development.
http://www.bcphilippineslawyers.com/the-labor-code-of-the-philippines-book-3/