Picture this....This is an example only..
A certain American company in the U.S is earning $100,000 per month and it employs 10 people. It pays a monthly salary of US$3,000 to each of the employees...
In a related case, a FILIPINO Company based in the Philippines is also earning the equivalent of $100,000 and also employs 10 people.... sad thing is it only pays the equivalent of US$195 to each of the employee per month.
If we compare the company based in the US and the one based in the Philippines, then the company based in the Philippines has made humongous profit....
Why are salaries in our country low?
Can we really afford a wage hike?
Will businesses really close shop or become bankrupt if they raise the wages of their workers ??
What is the real solution to the low wages in our country?
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