In comparison, the current daily minimum wage rate per region ranges from P306 to P570.

In February, IBON Foundation estimated that each family would need around P842 to P1,944 to provide for all expenditures and keep a standard of living above subsistence level. The measure set the ballpark figure of P750 based on estimates by economic thinktank IBON Foundation that this amount would bridge the gap between workers’ current minimum wages and the estimated family living wage – or the minimum family income needed to provide for basic needs and a decent standard of living. “This yawning average minimum wage-family living wage gap of P750 across regions starkly represents the vast sea of unfulfilled basic necessities of ordinary Filipino families which the national government should urgently address through substantial wage increases,” she said. Raising salary rates across all industries in the private sector by P750 would address the gap between workers’ wages and the rising cost of living, Brosas said in a statement. In the explanatory note, the measure acknowledged that while the minimum salary rate across all regions has “increased by hesitant small steps” through the creation of regional wage boards, workers’ minimum wages have failed to keep up with the soaring prices of basic goods and services.

'Sana all': Senate workers say increase in inflationary aid is just, a must for all workers

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