The country’s largest business group has expressed concern over the House of Representatives’ approval of a P200 daily minimum wage hike, urging Congress to leave wage adjustments to the Regional Wage Boards instead of implementing a national mandate.
The Regional Tripartite Wages and Productivity Board for the National Capital Region (NCR) has approved a 5.7% increase in the minimum wage, benefiting an estimated 2.7 million workers, the Labor Department announced Monday afternoon.