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	<title>Money and Finance &#187; wages</title>
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		<title>No wage increase this year</title>
		<link>http://money.roysville.com/2009/10/29/no-wage-increase-this-year/</link>
		<comments>http://money.roysville.com/2009/10/29/no-wage-increase-this-year/#comments</comments>
		<pubDate>Fri, 30 Oct 2009 00:55:02 +0000</pubDate>
		<dc:creator>Roy</dc:creator>
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		<category><![CDATA[economy]]></category>
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		<category><![CDATA[Philippines]]></category>
		<category><![CDATA[benefits]]></category>
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		<category><![CDATA[employees]]></category>
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		<category><![CDATA[salary]]></category>
		<category><![CDATA[wage board]]></category>
		<category><![CDATA[wages]]></category>

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		<description><![CDATA[Noting that the financial crisis is far from over, the National Wages and Productivity Commission (NWPC) said that there won’t be any salary increase this year.  NWPC executive director Ciriaco Lagunzad said an increase in the daily minimum wage at this point might lead to displacement of workers and closure of commercial establishments, particularly the [...]]]></description>
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