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P125 wage hike is dead – DOLE

The Department of Labor and Employment (DOLE) announced yesterday it has already thumbed down the P125 across-the-board wage hike proposal from the labor sector saying it already goes beyond its mandate.

In a press conference, Labor and Employment Secretary Silvestre Bello, III confirmed that the regional wage boards will no longer use the amount in their ongoing stakeholder consultations for a new wage adjustment.

He said this is because only Congress can implement a mandatory wage increase.

“It is already beyond our capacity… it has to go through a legislative act. This is no longer under our jurisdiction,” Bello said at the Labor Summit organized by DOLE in Quezon City.

The regional wage boards are now free to determine the possible wage hike in their respective areas of jurisdictions.

“But our consultations will continue… What will happen is that our regional wage boards are the ones which will conduct the periodic assessment of their respective regions. They will be the ones to submit their recommendations (for the wage hike),” Bello said.

DOLE made the statement after the National Economic and Development Authority (NEDA) revealed last week the proposed P125 wage hike will cause adverse effects to the economy.