PHILIPPINE PARLIAMENTARIANS SEEK TO CLAMP DOWN ON EMPLOYERS DELAYING SALARY PAYMENTS
October 1st, 2017
A BILL has been introduced in the Philippine parliament to curb the practice of both private and public sector employers delaying salary payments without justification in a bid to tackle high levels of private debt in the country.
Philippine Congressman Manuel Lopez submitted House Bill 6537 on October 3 citing the 2016 Manulife Investor Sentiment Index that shown that Philippines citizens are saddled with serious personal debts - Philippines Pesos PHP291,582 (USD5,613.50) on average for people aged under 35, PHP207,418 (USD 4018.03) for those aged 35-49, and ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.