Minimum wage fixing of the regional tripartite wages and productivity boards
Date
2002-12
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Abstract
The Regional Tripartite Wages and Productivity Boards were created in June 1989 under RA6727. The Boards were tasked to determine the appropriate minimum wages taking into account the criteria set by law These criteria were grouped into four broad categories which include: the needs of. workers criterion, capacity to pay of employers, comparable· wages and income and regional economic development.
This paper examines the process undertaker by the Boards in minimum wage fixing as well as the significance they attach to each criterion used. To determine the significance of the criteria, the growth patterns of the indicators were analyzed vis-a-vis the growth pattern of the nominal wages in a particular region In addition, regional regression and pooled regression analysis were conducted.
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Keywords
Regional wage board, Wages, Labor market, Tripartite wages, Labor standards, Labor relations