MANILA, Philippines—The Department of Labor and Employment is planning to provide a three-month wage subsidy for workers.
In a virtual press conference Friday, Assistant Secretary Dominique Tutay said the wage subsidy is meant to help cushion the impact of the COVID-19 pandemic.
“We based the budget proposal on the average wage of the workers in different sectors,” said Tutay. “It is between PHP7,000 to PHP11,000 subsidy and it will run for three months.”
She added that DOLE would need at least P62 billion, and P180 billion at most, from the Department of Budget and Management to fund the project with 25 percent of the workers’ wage set to be subsidized.
“So if it will run …
Keep on reading: DOLE looking to grant 3-month wage subsidy for workers