THE Region I Tripartite Wages & Productivity Board is coming up with a new tool that will help set wages that are more responsive to the social and economic conditions in the Ilocos Region.

“We are trying to devise a wage fixing tool which will be economically feasible and coherent to the interests of workers, employers and the government in achieving a sustainable economic growth and development,” said Regional Director Henry John Jalbuena of the Department of Labor and Employment (DoLE).

Jalbuena added that the new system, which adheres to the International Labor Organization Framework on Minimum Wage Fixing, will be designed to be particularly supportive to the development agenda of the Region.

The recalibrated system requires the identification of more relevant social and economic indicators that would describe in measurable terms the prevailing economic situation thereby achieving an objective assessment of the various criteria for wage fixing laid down by law.

Earlier, Labor Secretary Rosalinda Baldoz ordered the National Wages & Productivity Commission to come up with guidelines in implementing a two-tier wage fixing mechanism to determine additional wage increases on top of incentives, profit-sharing, bonuses etc. based on productivity and company viability.

TRAININGS

Meanwhile, Jalbuena encouraged business enterprises to adopt productivity improvement and gain-sharing programs by availing of the technical trainings and assistance provided by the DOLE.

These trainings and assistance are aimed to help attain higher levels of productivity, competitiveness and to preserve and generate gainful employment.

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