The current minimum wage in Western Visayas of P265 per day is “scandalously” short of the basic needs of workers and their families, Wennie Sancho, labor representative on the Western Visayas Regional Tripartite Wages and Productivity Board, said yesterday.
Sancho said he is set to file a supplemental position paper to support the petition filed by the Trade Union of Filipino Workers-Negros Occidental for a P97 a day wage hike.
As of March 2009, according to the National Statistics and Coordination Board, the purchasing power of the peso was 63 centavos, he said.
That means the nominal wage of P265 per day amounts to only P166.95 real wage, he said, as he stressed the need to restore the purchasing power of labor.
Records of the National Statistics Coordination Board and the National Wages Productivity Commission state that family living wage in Region 6 per day was P451 in October 2004, P512 in July 2005, and P582 in July 2007, he said.
That means the present minimum wage of P265 in short of P317 per day of the 2007 living wage, or only about 46 percent of the amount, Sancho said.*CPG