Press Releases
RTWPB region 2 conducts wage consultation

 

The Regional Tripartite Wages and Productivity Board 02 (RTWPB-2) conducted a wage consultation on October 3, 2018 at Solano, Nueva Vizcaya in partnership with other stakeholders from the government sector.

 

This activity was initiated by the Wage Board in compliance to the directive of DOLE Secretary Silvestre H. Bello III to conduct a comprehensive study for a possible wage increase since the wage adjustment under Wage Order No. RTWPB-02-18 was implemented on September 25, 2017
              
Labor and management representatives who participated in the said activity are from the retail and service establishments, academe, banking institutions, hospitals and cooperatives.
 
DOLE Regional Office No.02 Regional Director, Atty. Sarah Buena S. Mirasol, thanked all the participants and appreciated their intention of sharing their views in order to facilitate the deliberation of a proposed wage increase.
 
Resource speakers from the National Economic Development Authority (NEDA), Department of Trade and Industry (DTI) and Department of Agriculture (DA) were invited to discuss reports regarding current economic data affecting economic situation of region 2.
 
The speaker from the DA presented the trends in the supply and demand of agricultural products affected by the season of production, climate and calamities that has usually control on price adjustments of goods.
 
Likewise, the DTI representative also explained their department’s mandate in monitoring and controlling the prices of basic necessities and prime commodities sold in the markets.
 
The NEDA speaker also discussed wage related economic indicators in the region, like: employment trends, investment opportunities, tourism industry and inflation in the region including the national data as a whole.  Included also in the presentation are the major factors causing price increase of goods in the region emphasizing mainly on the declining agricultural production, likewise, rising international crude oil prices and Peso depreciation.
 
Each participant was able to submit their workshop outputs thru a questionnaire that will source out their views relating to the deliberation of a new wage increase.


by Gerardo M. Nicolas

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2018-10-08
Directors Corner

RD SARAH BUENA S. MIRASOL


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