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Opposition solon files bill to press P125 wage hike By Angie M. Rosales 04/25/2011

Monday, April 25, 2011

Opposition solon files bill to press P125 wage hike

By Angie M. Rosales 04/25/2011

A counterpart bill to press for a P125 daily across-the-board legislated wage increase has been made by an opposition member of the Senate’s majority bloc.

Sen. Ramon “Bong” Revilla Jr. is pushing a new round of salary increase for private sector workers despite earlier pronouncements made by Malacañang, ruling out the possibility of such this year.

Palace’s position was further reinforced by the Employers’ Confederation of the Philippines (Ecop) which claimed that a P125 a day legislated wage hike first introduced by a party-list representatives in lower house early this year, would prove to be very costly, translating nearly P300 billion in additional expenses for companies.

Revilla, president of the Lakas-Kampi-CMD party, underscored the government’s mandate in providing decent compensation even those in the private sector..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/nation/20110425nat1.html

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