Workers reject ECOP logic on P30 NCR wage hike
REGIONAL trade union center Pagkakaisa ng Manggagawa sa Timog Katagalugan-Kilusang Mayo Uno (PAMANTIK-KMU) assailed the Employers’ Confederation of the Philippines’ (ECOP) logic and petition for reconsideration on the recent P30 wage increase implemented by the National Wages and Productivity Commission (NPWC) for Metro Manila.
ECOP has filed for reconsideration on the P30 NCR wage increase approved by the NPWC, saying it ‘excessive and unreasonable’. ECOP president Edgardo Lacson claims that the NPWC ‘did not consider the consumer price index, the capacity of the employers and the impact of such wage hike on employment generation’.
The group rejected ECOP’s logic, as it asserts the obvious insufficiency of a P30 wage hike versus the increasing family living wage (FLW) in the National Capital Region.
“A P30 wage hike is but a measly amount compared to what these employers and capitalists earn and bring to their own pockets. In fact, they should be implementing the long-sought P125 wage increase nationwide instead. Even such amount will not hurt capitalists’ profits, especially multinational and transnational companies that
earn millions and billions each day,” said Wenecito Urgel, Pamantik-KMU Secretary-General.
“There is also a big lie in claiming that a meager P30 increase will affect employment generation,” Urgel added.
According to a recent study by IBON Foundation, FLW in NCR is estimated to be at P1,017 as of May 2012. It says that the P446 minimum wage in the region is less than half of what the regular Filipino family of six (6) needs every day.