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January 28, 2021 | 7:44 pm Font Size
PHILSTAR
THE Department of Labor and Employment (DoLE) said Thursday that pandemic-weakened companies cannot as yet absorb a sharp rise in the minimum wage, as demanded by unions.
Labor Secretary Silvestre H. Bello III said in a televised briefing: “We have to consider so many things. We need to balance the interests of workers with that of the employers. What is important for workers right now is their status of employment. A P700 or P750 national minimum wage cannot be handled by employers right now.”
Labor groups called for an increase in the minimum wage in the wake of rising prices of basic goods.