By Philstar
The Philippine Retailers Association (PRA) has expressed concern over proposals for a legislated wage hike, noting that this may result in job losses in the retail industry.
In an interview with reporters, PRA president Bobby Claudio yesterday warned that a legislated minimum wage might just bring up labor problems in the industry.
“Because if you mandate by a law, you are forcing others who are not in a position to give additional wages or adjustments in their wages,” Claudio said.
“If you increase the minimum wage, more people will lose their jobs because most of the businesses, if they have to comply with higher wages, they will simply reduce employment,” he added.
The PRA official explained that mainstream retailers in the country have a workforce of about half a million people.
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