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Untitled Document
 
 
 



 
ECOP Seeks Review of Minimum Wage Setting System
 

The Employers Confederation of the Philippines (ECOP) is pushing for a review of the current system of minimum wage-fixing by the tripartite partners – employers, workers and government.

The proposal is embodied in the resolutions adopted by employers during the 32nd National Conference of Employers (NCE 32) held on May 4 to 5 at the Marriot Hotel, Pasay City.

The review of the minimum wage-fixing system should take into account at all times productivity and the capacity of employers for expansion and growth, according to ECOP President Edgardo G. Lacson.

Lacson noted that employers are also pursuing labor market reforms in light of realities of competition in the world economy and serve as the overarching framework for policy-makers, particularly on making the Labor Code consistent with the requirements of business in a globalized economy and address pressing problems particularly on employment.

In addition, other recommendations of employers are:

industry and regional tripartite bodies must be reinforced to help develop concrete and actionable reform measures to enhance an inclusive growth that will translate into decent and productive jobs and thus ultimately reduce poverty;
genuine tripartism must be fully respected and institutionalized to support policies that would be reflective of true sentiment of all stakeholders, where there is consultation with the nationally and internationally recognized voice and representative of Philippine employers in the determination of key policy measures affecting the economy and the labor market; and
the Department of Lsbor and Employment (DOLE) and the National Labor Relations Commission (NLRC) must institute reforms leading to speedy dispensation of labor justice and focusing on efficiency, transparency, and consistency.
   
 

 

 
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