NR0119:NCR wages real value only P152
Mula sa Tanggapan ni Anakpawis Rep. Crispin Beltran
News Release January 19, 2005
House of Representatives, South Wing Rm 602
931-6615 Ina Alleco R. Silverio, Chief of Staff
Email: paggawa@edsamail.com.ph, anakpawis2003@yahoo.com
Cellphone number 09213907362
Visit geocities.com/ap_news
Rep. Beltran slams DOLE's attack against P125 wage hike bill; says real value
of current minimum of P280 in the NCR is only worth P152
Anakpawis Representative Crispin Beltran today slammed anew the Department of
Labor and Employment (DOLE) and Labor Assistant Secretary Ernesto Bitonio for
warning Congress against legislating a P125 across-the-board wage increase.
Beltran scored the inutility of the DOLE in helping workers cope with
economic crisis. "The DOLE is the primary henchman of big business groups when
in comes to keeping workers' wages down. Instead of batting for wage increases
and supporting the well-justified demand of workers for immediate economic
relief, the DOLE does nothing but parrot the claims of big business," he said.
Beltran lashed out against the hypocrisy of Bitonio and the DOLE's offer that
they provide Congress with supposed "necessary information needed for drafting a
new wage measure."
"Thanks but no thanks. We already have all the information we need and the data
already comes from the DOLE and other government economic agencies. From the
very data provided by the government it's clear as day that workers need a
wage increase, and a P125 increase is the smallest possible amount they should
be given to help them cope with the econ crisis. Workers' productivity
continues to increase as employers and business exploit their manpower to the
hilt; but workers continue to be given slave wages in return for their labor,'
he said.
Beltran urged his fellow legislators to support the P125 wage hike bill which
has now been calendared in Congress and up for second reading and
interpellation. He said that solons should listen to the demand of their
worker constituencies- including the agricultural worker- and legislate an
across-the-board wage increase by P125.
Beltran said that as of January 14, 2005, the cost of living for a family of
six in the NCR is around pegged at P602 .31 for a family of six in the National
Capital region, or P498.04 on the average nationwide. The prevailing daily
nominal minimum wage, however, is only P280 for non-agricultural workers and
P213 for agricultural workers. The actual value of P280, however is much
lower. Using 1994 as the base year, the real value of current wages in the NCR
is only P152.17.
Nominal wage rate refers to the basic pay and Cost of Living of Living
Allowance (COLA). Real wage rate, meanwhile, refers to how much the current
wage compares to the wage of a given base period - the real wage in this
juncture takes into consideration 1994 prices
The situation is similar or even worse for the other regions:
o In the Cordillera Autonomous Region, the highest nominal minimum wage is
pegged at P190 and the lowest is P171.
o In Region I, the highest and lowest nominal minimum wages are pegged at P175
and P141 respectively. Real wages are much lower at P109.17 and P77.13
o In Region II, the highest and lowest nominal minimum wage is pegged at P185
and P165. Real wages stand at P118.51 as the highest, and P88.52 the lowest.
o In Region III, the highest and lowest nominal minimum wage is pegged at
P228.50 and P147 respectively, while the real wage balances between P143.08
and P88.54.
o In Region IV, the highest and lowest nominal minimum wage is pegged at P237
and P147. Real wages stand at P133.82 as the highest level, and P 79.63.
o In Region V, the highest and lowest nominal minimum wage is pegged at P182 and
P130. Real wages are at a highest at P98.48, and a lowest at P62.17.
o In Region VI, the highest and lowest nominal minimum wage is pegged at P180
and P135. Real wages in the meantime are between P112.64 and P65.79.
o In Region VII, the highest and lowest nominal minimum wage is pegged at P200
and P175, while real wages are at P111.79 at P91.99
o In Region VIII, the highest and lowest nominal minimum wage is pegged at P188
and P144.50. On the other hand, real wages balance between P199 and P76.86.
o In Region IX, the highest and lowest nominal minimum wage is pegged at P180
and P135; real wages are at P106.38 as the highest, and P76.14 as the lowest.
o In Region X, the highest and lowest nominal minimum wage is pegged at P222
and P175. Real wages at between P122.05 and P97.93.
o In Region XI, the highest and lowest nominal minimum wage is pegged at P195
and P162. real wages stand at P113.77 as the highest, while the lowest is at
P87.57.
o In Region XII, the nominal minimum wage is pegged at a standard P180 as daily
rate while hourly rates are pegged at P22.50. The highest real wage equivalents
however of daily wages is only P112.64 and the highest hourly rate is P13.07.
o In the ARMM, the highest and lowest nominal minimum wage is pegged at P140 and
P129. The real values of these amounts are between P73.61 and P48.34. #
News Release January 19, 2005
House of Representatives, South Wing Rm 602
931-6615 Ina Alleco R. Silverio, Chief of Staff
Email: paggawa@edsamail.com.ph, anakpawis2003@yahoo.com
Cellphone number 09213907362
Visit geocities.com/ap_news
Rep. Beltran slams DOLE's attack against P125 wage hike bill; says real value
of current minimum of P280 in the NCR is only worth P152
Anakpawis Representative Crispin Beltran today slammed anew the Department of
Labor and Employment (DOLE) and Labor Assistant Secretary Ernesto Bitonio for
warning Congress against legislating a P125 across-the-board wage increase.
Beltran scored the inutility of the DOLE in helping workers cope with
economic crisis. "The DOLE is the primary henchman of big business groups when
in comes to keeping workers' wages down. Instead of batting for wage increases
and supporting the well-justified demand of workers for immediate economic
relief, the DOLE does nothing but parrot the claims of big business," he said.
Beltran lashed out against the hypocrisy of Bitonio and the DOLE's offer that
they provide Congress with supposed "necessary information needed for drafting a
new wage measure."
"Thanks but no thanks. We already have all the information we need and the data
already comes from the DOLE and other government economic agencies. From the
very data provided by the government it's clear as day that workers need a
wage increase, and a P125 increase is the smallest possible amount they should
be given to help them cope with the econ crisis. Workers' productivity
continues to increase as employers and business exploit their manpower to the
hilt; but workers continue to be given slave wages in return for their labor,'
he said.
Beltran urged his fellow legislators to support the P125 wage hike bill which
has now been calendared in Congress and up for second reading and
interpellation. He said that solons should listen to the demand of their
worker constituencies- including the agricultural worker- and legislate an
across-the-board wage increase by P125.
Beltran said that as of January 14, 2005, the cost of living for a family of
six in the NCR is around pegged at P602 .31 for a family of six in the National
Capital region, or P498.04 on the average nationwide. The prevailing daily
nominal minimum wage, however, is only P280 for non-agricultural workers and
P213 for agricultural workers. The actual value of P280, however is much
lower. Using 1994 as the base year, the real value of current wages in the NCR
is only P152.17.
Nominal wage rate refers to the basic pay and Cost of Living of Living
Allowance (COLA). Real wage rate, meanwhile, refers to how much the current
wage compares to the wage of a given base period - the real wage in this
juncture takes into consideration 1994 prices
The situation is similar or even worse for the other regions:
o In the Cordillera Autonomous Region, the highest nominal minimum wage is
pegged at P190 and the lowest is P171.
o In Region I, the highest and lowest nominal minimum wages are pegged at P175
and P141 respectively. Real wages are much lower at P109.17 and P77.13
o In Region II, the highest and lowest nominal minimum wage is pegged at P185
and P165. Real wages stand at P118.51 as the highest, and P88.52 the lowest.
o In Region III, the highest and lowest nominal minimum wage is pegged at
P228.50 and P147 respectively, while the real wage balances between P143.08
and P88.54.
o In Region IV, the highest and lowest nominal minimum wage is pegged at P237
and P147. Real wages stand at P133.82 as the highest level, and P 79.63.
o In Region V, the highest and lowest nominal minimum wage is pegged at P182 and
P130. Real wages are at a highest at P98.48, and a lowest at P62.17.
o In Region VI, the highest and lowest nominal minimum wage is pegged at P180
and P135. Real wages in the meantime are between P112.64 and P65.79.
o In Region VII, the highest and lowest nominal minimum wage is pegged at P200
and P175, while real wages are at P111.79 at P91.99
o In Region VIII, the highest and lowest nominal minimum wage is pegged at P188
and P144.50. On the other hand, real wages balance between P199 and P76.86.
o In Region IX, the highest and lowest nominal minimum wage is pegged at P180
and P135; real wages are at P106.38 as the highest, and P76.14 as the lowest.
o In Region X, the highest and lowest nominal minimum wage is pegged at P222
and P175. Real wages at between P122.05 and P97.93.
o In Region XI, the highest and lowest nominal minimum wage is pegged at P195
and P162. real wages stand at P113.77 as the highest, while the lowest is at
P87.57.
o In Region XII, the nominal minimum wage is pegged at a standard P180 as daily
rate while hourly rates are pegged at P22.50. The highest real wage equivalents
however of daily wages is only P112.64 and the highest hourly rate is P13.07.
o In the ARMM, the highest and lowest nominal minimum wage is pegged at P140 and
P129. The real values of these amounts are between P73.61 and P48.34. #
posted at 2:46 AM
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