Government Promotes Guaranteed Minimum Wage of Over $1 Million in Joint Negotiations · Global Voices
4 Articles
4 Articles
Government Promotes Guaranteed Minimum Wage of Over $1 Million in Joint Negotiations · Global Voices
The Ministry of Labour points out that the renegotiation of collective agreements provides for guaranteed minimum remuneration.
In the run-up to a new meeting of the Salary Council, the Secretariat of Labor of the Nation promotes a scheme for joint agreements to ensure minimum incomes of at least 1 million pesos, a goal that seeks to consolidate the recovery of purchasing power without abruptly modifying the Minimum, Vital and Mobile Wage. The official strategy is not only to raise the minimum wage, but also to allow negotiations between unions and companies to allow reg…
The national government seeks to promote a scheme for joint negotiations to establish minimum wages of at least $1 million for registered workers. The initiative is promoted by the Ministry of Labour in the run-up to a new meeting of the Salary Council, in a context in which the Minimum, Vital and Mobile Wage stands at $376,600. The official strategy is not exclusively focused on an update of the minimum wage, but on the agreements reached betwe…
The Secretariat of Labor promotes that the new collective agreements include a floor of $1,070,000 gross for August, equivalent to about $860,000 in pocket.
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