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Over 3 million workers to get wage subsidy from gov’t
The Philippine government is launching a P51-billion wage subsidy program to aid middle-class workers in small businesses affected by the enhanced community quarantine.
This two-month program will provide a subsidy of P5,000 to P8,000 per worker, and is expected to benefit approximately 3.4 million workers.
The government will prioritize beneficiaries from the Social Security System (SSS) and Bureau of Internal Revenue (BIR) master lists, with priority given to 2.6 million workers in the BIR's alpha list.
The subsidy will be disbursed in two tranches in May, with the first between May 1-15 and the second between May 16-30.
Employees of large and medium enterprises are ineligible for this program, which aims to assist the formal sector and middle-class workers.
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President Rodrigo Duterte has approved a P50.8 billion wage subsidy program for middle-income workers affected by the enhanced community quarantine (ECQ) due to the COVID-19 pandemic.
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The Philippine government has begun accepting applications for its Small Business Wage Subsidy Program to assist micro, small, and medium enterprises (MSMEs) in retaining employees during the COVID-19 community quarantine.
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Albay Rep. Joey Sarte Salceda has proposed a P45-billion wage subsidy program to support nearly six million workers, entrepreneurs, and freelancers affected by the enhanced community quarantine.
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The Philippine government is allocating P50.8 billion for a wage subsidy program aimed at assisting small businesses impacted by the enhanced community quarantine.
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Bagong Henerasyon Rep. Bernadette Herrera is pushing for a two-month wage subsidy program for workers of micro, small and medium enterprises (MSMEs) to provide financial relief during the COVID-19 pandemic.
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