Bello wants wage adjustments by July

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DEPARTMENT of Labor and Employment (DoLE) Secretary Silvestre H. Bello III — BW FILE PHOTO

LABOR SECRETARY Silvestre H. Bello III has urged regions deliberating on wage adjustments to fast-track this process by the “end of June” until July 15.

In an interview last Friday, Executive Director Ms. Ma. Criselda R. Sy of the National Wages and Productivity Commission said regions who’ll be issuing wage orders soon are “CAR (Cordillera Administrative Region), Region III (Central Luzon), Region VI (Western Visayas), Region IX (Zamboanga Peninsula), and Region XI (Davao region).”

She added that these regions “are in different stages of consultations and public hearings.”

All the mentioned regions have already reached their wage order anniversaries.

The national inflation rate as of May is at 4.6%. According to the Philippine Statistics Authority (PSA), inflation in the Davao Region, Western Visayas, and Zamboanga Peninsula is at 5.0%, 5.5%, and 6.1%, respectively. Inflation in CAR and Central Luzon is at 3.8% and 2.6%, respectively.

Inflation is deemed a supervening condition for adjusting wages ahead of the year-long period for wages in effect. When asked if other regions will base their adjustments on said supervening conditions, Ms. Sy said, “They are closely monitoring.”

“Some regions are still consulting,” she added. — Gillian M. Cortez