Php663 wage hike needed to reach Php1,207 average family living wage

May 4, 2024


A meaningful wage hike is urgent for nominal wages to keep up with the rising cost of living. Raising the minimum wage to a living wage corrects decades of injustice where workers create huge profits for employers but receive meager wages.



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IBON Foundation

IBON Foundation is a non-stock, non-profit development organization. We have been serving the Filipino people through research and education since 1978. IBON seeks to promote an understanding of socioeconomics that serves the interests and aspirations of the Filipino people. We study the most urgent social, economic, and political issues confronting Philippine society and the world.

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