The Labor Department on Monday approved a P22 increase in the daily cost-of-living allowance (COLA) for workers in the National Capital Region (NCR), saying it was a “middle ground" between what the labor sector wanted and what employers were willing to give.
In an interview with GMA News Online, NCR Wage Board chairperson Raymundo Agravante said the Regional Tripartite Wages and Productivity Board (RTWPB)-NCR noted the increase will likely take effect by the end of the month or 15 days after the government publishes the decision in a national daily.
He said the NCR Wage Board also noted that the decision will likely be published Wednesday.
The Employers’ Confederation of the Philippines (ECOP), which initially rejected a proposed minimum wage hike, is amenable to the COLA increase. http://www.gmanews.tv/story/188868/employers-reject-wage-hike-eye-nonwage-perks
In a statement, the Trade Union Congress of the Philippines condemmned the decision “for a measly wage increase of P22 in the form of Emergency COLA." The TUCP initially filed a petition for a P75 wage hike. — VS,
