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P200 wage hike for private sector workers will boost economy, says group

Philstar.com
P200 wage hike for private sector workers will boost economy, says group

MANILA, Philippines – A proposed measure in Congress seeking to implement a P200 across-the-board daily wage increase for minimum wage workers in the private sector, regardless of their employment status, is gaining support.

Passing House Bill No. 11376 represents a significant step in advancing the welfare of workers, according to GP (Galing sa Puso) Party-list.

GP Party-list’s first nominee and lawyer JP Padiernos said that advocating for fair wages and sustainable livelihoods for Filipino workers has always been a top priority for their group.

"Now, more than ever, we stand with Filipino workers and fully back the planned P200 daily wage increase for private sector employees," said Padiernos.

He pointed out that wage increases not only recognize the dedication and hard work of Filipino workers but will also contribute positively to the nation's economy.

"Raising wages will help boost the Philippine economy by strengthening the purchasing power of Filipinos," he added.

According to the Philippine College Foundation, an average Filipino family of five requires P1,160 daily and P25,226 monthly just to meet basic living costs.

The IBON Foundation also reported in 2024 that minimum wages in over 17 regions of the Philippines remain insufficient to cover the essential needs of a Filipino family, including food and other basic expenses, despite previous wage increases.

“Our group believes that a livable wage will motivate workers to be more productive and committed, which is essential to building a robust economy for our country,” Padiernos added.

WAGE

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