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Thursday, 29 February 2024

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iskup2015 posted: " Iskup news-on-line daily 1 Marso 2024, Biyernes Iskup joins Christian world in observance of Lenten season Watch out for Phase 2 Marked Men For Christ seminar this March Govt. subsidies eyed for min wage earners By Nidz Godino "A nu"
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iskup news-on-line daily

iskup2015

March 1

Iskup news-on-line daily

1 Marso 2024, Biyernes

Iskup joins Christian world in observance of Lenten season

Watch out for Phase 2 Marked Men For Christ seminar this March

Govt. subsidies eyed for min wage earners

By Nidz Godino

"A number of sectors have raised  possibility of  government subsidizing  proposed wage increase during  hearing… I think this is  sound idea, but we also have to ask our economic managers whether  government can also cover  cost of such subsidies," House committee on labor and employment chairman Rep. Fidel Nograles (Rizal, fourth district) is eyeing government subsidies for minimum wage earners, to offset inflation and its negative impact on their living conditions.

Nograles wants to be sure government can afford to provide wage subsidies in light of pending bills in Congress  such as  one in the House, seeks to provide  wage hike ranging from P150 to P750.

"Can  government afford wage subsidies?" he asked after various sectors threw their support behind provision of wage subsidies so that companies could fund  minimum wage increase, in light of  Senate-approved P100 legislated wage hike.

Proposal  to increase minimum wages has elicited mixed proposals,workers' groups say  wage increase could help them cope with high cost of living, while employers claim they would be hard put and warn of layoffs and company shutdowns.

Nograles  would direct his committee to ask for government's input regarding  wage subsidy. "Besides  wage subsidy, we will also continue to find measures that could help us come up with  win-win situation for all involved."

Earlier , Majority Leader Manuel Jose Dalipe said  House, under  leadership of Speaker Martin Romualdez, is studying proposals for  P150 to P350 per day legislated wage increase.

He said  House recognizes  dire situation of Filipino workers who are grappling with  adverse effects of inflation and decreased purchasing power due to global fiscal crisis and conflicts.

"Our workers are enduring tough times, and as their representatives, it is imperative that we find substantial solutions to alleviate their financial burdens," the Zamboanga City congressman pointed out.

Dalipe said the Speaker has tasked  House leadership to identify effective methods to enhance workers' take-home pay, including  legislated wage hike or revisions to  regional wage board mechanism.

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