MAP joins opposition to P200 legislated wage hike

MAP wants consultations on legislated wage hike

The Management Association of the Philippines is pushing for the conduct of further consultations on the proposed P200 daily minimum wage increase to properly assess its impact on the economy.

MAP joins opposition to P200 legislated wage hike

MANILA, Philippines – The Management Association of the Philippines (MAP), which counts top executives of some of the country’s largest companies among its members, on Monday expressed its opposition to the P200 legislated wage hike, marking the latest resistance from the private sector amid concerns over its potential impact on business costs and inflation. While

DOLE XI will have to enforce P200 daily across-the-board wage hike once passed

THE DEPARTMENT of Labor and Employment (DOLE) XI on Monday said they are compelled to enforce a P200 daily across-the-board wage hike once passed in the Senate. “If the Congress, particularly the two houses, would agree to have a new wage law increase, DOLE, there is no other way that we can but to follow the law,” DOLE XI regional director Atty Randolf Pensoy said.  Under the present setup, the Regional Tripartite Wages and Productivity Board (…

Business groups warn P200 wage hike may hurt MSMEs, push layoffs

Business leaders and industry groups are urging lawmakers to reassess the proposed P200 daily wage increase approved by the House of Representatives, warning of dire consequences for micro, small, and medium enterprises (MSMEs), as well as the broader economy. In a statement released Sunday, the Management Association of the Philippines (MAP) said it supports measures …