07/06/2025
šø The Real Cost of a ā±200 Wage Hike š±
Letās break it down:
If you run a business with 100 employees and the government mandates a ā±200/day wage hike, this is what youāre up against:
š§®
100 workers Ć ā±200 Ć 26 workdays = ā±520,000/month
Add 13th month = ā±563,333/month in extra payroll expenses.
š Thatās over half a million pesos a month EXTRA COSTājust to comply.
Now ask yourself:
Where will that money come from? š
Most businesses canāt absorb that cost.
So theyāre forced to raise prices to survive.
ā ļø If I sell an item for ā±200ā¦
I now need to price it at ā±260 or more just to stay afloat.
That ā±22 sardine can, now should be at ā±29 per pc.
Now, do that for MOST basic goods.
Thatās a 30% price increaseānot for profit, just to break even.
Dati, businesses were scared to raise prices dahil sa competition.
But if everyone increases? Wala nang choice. Everyone follows suit.
And hereās the catch:
If you canāt keep up with the wage hike and rising costs?
You shut down. Lay off staff. Move on.
The result? More unemployment.
And ironically, the very people the wage hike was supposed to helpāthe poor and joblessāend up suffering the most.
Yes, maybe fewer tambays.
But can they even afford basic goods after the 30% price surge across the board?
Letās stop romanticizing wage hikes without understanding the real-world impact.
Good intentions donāt pay the bills.
Gets?
©tinakhoeang