The purchasing power of CALABARZON’s P600 daily minimum wage has fallen to an estimated P444 due to inflation, labor representatives warned as the regional wage board conducts public consultations on potential pay adjustments.
More than 500 stakeholders representing labor, management, employers and domestic workers gathered for public hearings held in Calamba City, Laguna and Lipa City, Batangas, as part of the Regional Tripartite Wages and Productivity Board IV-A’s ongoing review.
Labor leaders argued that persistent inflation and the rising cost of basic goods continue to erode workers’ real income.
Some labor organizations proposed a P666 daily wage increase, asserting that a substantial raise is essential to bridge the gap between current pay rates and household living expenses.
Employers urged the wage board to evaluate the potential impact of higher labor costs on corporate sustainability, job retention and regional investments.
Representatives from micro, small, and medium enterprises highlighted expanding operational and regulatory overhead. Business representatives noted that hikes in basic pay would automatically trigger higher mandatory government contributions and associated employment expenses.