(Eagle News)–President Bongbong Marcos on Wednesday, May 1, ordered the government’s wage policy-making bodies to “immediately review” the minimum pay rates of workers in the country.
The President, in particular, instructed the Regional Tripartite Wage and Productivity Boards to initiate the review in their respective regions.
He said this should be done within 60 days prior to the anniversary of their latest wage order.
The chief executive also asked the National Wages and Productivity Commission to review its rules and “ensure that the Boards can maintain a regular and predictable schedule of wage review, issuance, and effectivity to reduce uncertainty and enhance fairness for all,” the Presidential Communications Office said.
“He said such reviews and adjustments can help cushion the impact on workers of the increases in prices of basic goods,” the PCO added.
The President also called on Congress to pass laws he said will support the attainment of the government’s job creation agenda, such as the measures on an Enterprise-Based Education and Training Program, a Revised Apprenticeship Program, and on corporate and recovery tax incentives for enterprises to maximize opportunities for reinvigorating the economy.
Last year, he signed Republic Act No. 11962, or the Trabaho Para Sa Bayan Act, which aims to address unemployment, underemployment and other challenges in the labor market.
In the National Capital Region, the daily minimum wage is pegged at P610.