BOPEU expects small budget surplus
Wednesday, January 28, 2015
Motsamai
The Union calls on government to explore, along with unions three-year wage agreements, rather than annual wage bargaining to guide salary adjustments.
“The method that we recommend is where salaries by agreement would be automatically adjusted by the immediate past year’s annual inflation rate plus productivity gains, if any, and a factor to capture market competitiveness of specific cadres. The rationale is that it would bring stability and predictability to the bargaining process, giving room for parties to start bargaining on non-wage issues and sectoral bargaining chambers,” says BOPEU.
According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...