Any legislated wage hike must be “inflation-based” while balancing the welfare of workers and of the country’s Micro, Small and Medium Enterprises (MSMEs), former Sen. Panfilo “Ping” M. Lacson said.
Lacson said any legislated wage hike must also give the Regional Tripartite Wages and Productivity Boards (RTWPBs) room to determine the wage adjustments.
“First, the wage adjustment must be based on the inflation rate in a given area. And regional wage boards must have leeway. We cannot have an across-the-board hike of P200 because employers in some areas may not be able to handle it,” he said in Filipino on DZBB’s “Ikaw na Ba: The Senatorial Interviews.”
Related: Ping Lacson: Legislated Wage Hike, Dapat ‘Inflation-Based’
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