Employers are now looking at 2022 as recovery year instead of 2021 due to the “very slow” reopening of business with the medical and the military making decisions for the domestic economy.
ECOP President Sergio Ortiz-Luis Jr.
In the regular weekly “Tapatan sa The Aristocrat” virtual forum on b
February 14, 2021 EMPLOYERS believe that granting the proposed P100 daily wage hike will impact especially the micro, small and medium enterprises (MSMEs) which are struggling to survive amid the coronavirus pandemic, and can result in a rise in unemployment.
“The P100 wage increase was requested for a number of years. It did not prosper before the pandemic hit, much more now with the coronavirus? The chances are very nil that it will prosper,” Employers Confederation of the Philippines president Sergio Ortiz-Luis Jr. said in Filipino in a radio interview.
Ortiz-Luis Jr. said some MSMEs remained closed amid the pandemic, some are still undecided on business reopening, while others adopt rotation of workers schemes.
Employers believe that granting the proposed P100 daily wage hike will hurt even more the micro, small and medium enterprises (MSMEs), which are struggling to survive amid the coronavirus pandemic, and can result in further rise in unemployment.
"The P100 wage increase was requested for a number
Government should further reopen the domestic economy to prevent job losses resulting from downsizing or closure of a number businesses, the Employers Confederation of the Philippines (ECOP) and the government’s economic managers urged.
Trade and Industry Secretary Ramon M. Lopez expressed hopes
OF SUBSTANCE AND SPIRIT
In many of our previous columns, we would always emphasize that mobility and business activities are not something that government can simply mandate and wish for.
Mobility and business activities are not something like rising pork and chicken prices that can be addressed