In response to the clamor by labor groups for a national minimum wage
of P750 to P800 a day, employers are raising disaster and doomsday scenarios of
closures, layoffs and inflation. Behind the panic mode of employers is their
opposition to any sharing of the wealth that has been created by labor in more
than a decade of robust economic growth.
Even as inflation has undeniably eroded workers nominal wages, below
the radar inequality is worsening due to the stagnation of real wages while
productivity has booming. From 2001 to 2016, labor productivity grew by at
least 50 percent, yet the real wages did not grow at all.
This is not a figment of workers’ imagination but a study by Finance
Undersecretary Karl Chua as cited by Mahar Mangahas (Stagnation of real wages,
PDI, 3 March 2018).
Workers have been denied their so-called “fair share in the fruits of
production.” Workers as well as the
economy will benefit more if government will exercise its police power to compel
employers to share the wealth produced by the blood and sweat of laborers.
Employers profit from workers. They utilize the labor power of the
latter to produce goods and services sold to the market. But employers pay
workers less in terms of wages and benefits than the amount they have produced
in the production of goods and services.
The difference between the amount paid to the workers and the amount
they have produced and sold to the market is called profit and is wholly owned
by the employer. This is how wealth in society is generated and how the wage
system works from which employers profit.
The present constitution guarantees workers their just share in the
fruits of their labor. But the prevailing wage regionalization system under RA
6727 and the behavior of employers which seek more profit than providing what
is due to their workers make the condition of workers and their families worse
that they cannot afford a decent living. The widening gap between workers’
wages and the rising cost of living and the prevalence of poverty in society
are evidences of this unjust system of wage setting and wealth distribution.
PM reiterates its call to PDigong to certify urgent HB 7787 aimed to
abolish the regional wage boards and provides a national minimum wage of Php
750 to all workers and penalties to abusive employers.
PM also calls on Secretary Bello to stand for and behalf of workers
welfare by not speaking as if he was the secretary of the DTI.
May 30, 2018
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