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Wage distortions must be fixed, DOLE tells firms
By Macon Ramos-Araneta
THE Department of Labor and Employment called on employers to correct wage distortions among their employees following an increase in the minimum wage.
DOLE said the National Wages and Productivity Commission (NWPC) issued an advisory to “guide enterprises in correcting wage distortion stemming from the implementation of minimum wage orders.”
“Addressing wage distortions foreign exchange from the global bamboo market that could grow to a $90 billion industry by 2030.
“The program will use bamboo as a climate change mitigation tool. President Ferdinand R. Marcos Jr. himself cited during the United Nations General Assembly that the climate challenge is a major policy goal of his administration,” said newly-appointed Department of Agriculture Undersecretary Deogracias Victor B. Savellano. Meanwhile, President Marcos and the Private Sector Advisory