Minimum Wage and Salary

The Organization for Economic Cooperation and Development (OECD), an international policy group that monitors and analyzes 34 countries, recently tweeted the following chart:

MANILA – Salaries in the Philippines are seen to grow at a stable 7 percent this year driven by the country’s economic growth, professional services company Towers Watson said in its latest report.

It is one of our most enduring shibboleths: “Workers are entitled to a just wage, which is defined as no lower than a legal minimum wage (LMW). Only in this manner can we reduce poverty and achieve social justice.”

A mother of two would need to work 50 hours a week at a minimum-wage job to exceed one measure of poverty, a new study found. Demonstrators have protested this year at fast-food restaurants, including this McDonald’s store in Chicago, demanding a higher minimum wage. ASSOCIATED PRESS Minimum-wage employees in the U.S. need to work…

[Atty. Karen Jimeno hosts CNN Philippines’ Legal Help Desk every Tuesdays at 9:30 p.m. She is a practicing attorney licensed in the Philippines and in New York. She is also a professor of law. For legal advice, you may send your questions to legalhd@cnnphilippines.com.]

The Economist explains ON APRIL 7th Chicagoans went to the polls to select a new mayor; after a hard slog, the incumbent mayor Rahm Emanuel beat his challenger Jesús “Chuy” García. Mr García’s upstart campaign targeted Mr Emanuel’s technocratic administration, which, he argued, paid too much attention to the concerns of businesses and the rich.…

MANILA, Philippines – Prices of basic goods are seen to remain stable even as the government approved a pay hike for minimum wage earners in Metro Manila, the Department of Trade and Industry (DTI) said.

SOCIAL Welfare Secretary Dinky Soliman said so herself. Even the Aquino administration’s conditional cash transfer (CCT) program can’t keep up with inflation. Soliman admitted the CCT is not enough to help the poor cope with high food prices.

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MANILA, Philippines – Over half a million minimum wage workers in Metro Manila will benefit from the newly approved P15 wage increase, the Department of Labor and Employment (DOLE) said the other day.

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A press release from the Trade Union Congress of the Philippines (TUCP) on the minimum wage last Monday brought me back to a vigorous debate among my economist friends in the Foundation for Economic Freedom (FEF). The debate was so heated that fraternity brothers were accusing each other of being less than academically adequate even…

MANILA, Philippines – The Department of Labor and Employment (DOLE) on Wednesday announced the approval of a P15-wage hike in Metro Manila, Radyo Inquirer 990AM said.

Employees specializing in IT are the highest paid ones, according to the Annual Salary Report 2015 of Jobstreet.com Philippines MANILA, Philippines – Looking for a job or specialization that pays well? The latest report of an online job search site listed the top 10 highest-paying ones that might suit you.

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MANILA, Philippines – The salaries of workers in at least seven regions in the country are lower than the poverty threshold, the Department of Labor and Employment (DOLE) reported yesterday.

Ruses such as making staff pay for uniforms and misusing interns help rogue bosses avoid paying legal rate, says TUC Some firms have developed scams to avoid paying the national minimum wage, including charging for uniforms, clocking off cafe workers when there are no customers, and mis-using interns, according to a new report.

MANILA, Philippines — Ten new wage orders, granting increases of from P1 to P20 in either basic pay or cost of living allowance, took effect this year, Labor Secretary Rosalindo Baldoz said Wednesday.

The International Labor Organization’s newest research shows real wage growth in developed economies is flat and global wage growth is mainly due to emerging economies.

MINIMUM WAGE earners in Central Luzon — the top rice-producing region and third-biggest contributor to national output after Metro Manila and Calabarzon at around 9% — will get a P13 hike in daily basic pay under an Oct. 4 order published Saturday. Saying it held sectoral consultations by province from Apr. 24 to July 15…

“Here’s the bottom line: Regardless of the size of a country’s economy, its current economic situation, or the time frame chosen, people lead better lives as the minimum wage increases.” “Although correlation does not prove causation, the evidence we have assembled strongly suggests that higher minimum wages do indeed work to the financial betterment of…

Many living wage laws are chock full of exemptions and exceptions. In the end, very few workers benefit from these policies. New York law prohibits Mayor Bill de Blasio from instituting the minimum wage hike he thinks New York City so desperately needs. But it can’t stop him from executing plan B: a living wage…

MANILA, Philippines – The Department of Labor and Employment (DOLE) has rejected a proposal to allow small and medium enterprises nationwide to pay workers less than the prescribed minimum wage rates.

South Korea’s wage council has approved a 7.1-percent minimum wage increase that will be implemented next year and is expected to benefit over 35,000 Filipino workers once the Korean Minister of Employment and Labor approves it.

MANILA, Philippines—The head of the Trade Union Congress of the Philippines urged the government to invest more in education and infrastructure for the energy and agriculture sectors to draw more investments that would open up more jobs for workers.

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MANILA, Philippines — Overseas Filipino workers in South Korea can expect a higher pay in 2015 after the South Korea Minimum Wage Council (SKMWC) passed a 370 Korean won increase in the hourly minimum wage rate, the Department of Labor and Employment said Monday.

INCREASING minimum wages reduces employment and brings more people into poverty, the Philippine Institute of Development Studies (PIDS) said.

A new study that addresses jobs expansion and development strategy was recently completed at the government think tank, the Philippine Institute for Development Studies (PIDS ).

As home retailer Ikea announced plans to raise the average, hourly minimum wage at its U.S. stores to $10.76, the pressure is mounting for other big brand businesses to lift pay for their workers.