March 22, 2010

Local Businesses Can Afford Wage Hike — Ibon

Published on January 28, 2007 | 2 comments

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MANILA — Local businesses are in a position to grant wage hikes since workers have been producing more in the last seven years, according to independent think-tank IBON Foundation.

According to IBON research head Sonny Africa, labor productivity or the ratio of national output to employment, has been rising for the last decade. Between 1999 and 2006, labor productivity has increased by 56.3% in nominal terms and 13.1% in real terms.

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2 Comments to “Local Businesses Can Afford Wage Hike — Ibon”

  1. Davao Today -- News, commentary, analysis, reports from Davao City, Mindanao, the Philippines says:
    January 28, 2007 at 11:10 am

    [...] Related Stories: Local Businesses Can Afford Wage Hike Ibon P125 Wage Hike and Arroyos Economic Boom Globalization, Not Wage Hike, Is Culprit for Job Losses AnakPawis Dares Congress to Pass P125 Bill Gloria, Allies Will Be Massacred at Polls If P125 Bill Is Vetoed! KMP GMA Favors Foreign Investors Over Filipinos Withholding of P125 Bill Insults Women Gabriela [...]

  2. Mindanao Today -- news, analysis, special reports, commentary on Mindanao, the Philippines says:
    January 28, 2007 at 11:28 am

    [...] Related Stories: Local Businesses Can Afford Wage Hike Ibon P125 Wage Hike and Arroyos Economic Boom Globalization, Not Wage Hike, Is Culprit for Job Losses AnakPawis Dares Congress to Pass P125 Bill Gloria, Allies Will Be Massacred at Polls If P125 Bill Is Vetoed GMA Favors Foreign Investors Over Filipinos Withholding of P125 Bill Insults Women Gabriela [...]

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