Labor Secretary Silvestre H. Bello III yesterday called on industry leaders anew to ensure that workers benefit from higher wages and better living standards as a result of their productivity.
Bello made the call even as he urged employers to strengthen partnership and develop a mindset of productivity and quality in workplaces for increased competitiveness of the country’s micro, small, and medium enterprises (MSME).
“It isn’t just making companies competitive and profitable through improved productivity, but for productive workers to get higher wages and ultimately enjoy higher living standards,” Bello told the 2016 National Productivity Congress held at the Hotel Jen in Pasay City.
“To sustain the country’s economic growth, let us strengthen our advocacy and partnership in deepening the national consciousness and culture of quality, productivity, and excellence for the Filipino workforce,” he said.
Bello said linking MSMEs to value chains can accelerate enterprise growth and expansion, and provide jobs and security to the fast growing labor force, adding that his office is cognizant of the significant contributions of micro, small, and medium enterprises in the advancement of our economy.
He said that MSMEs accounted for 99 percent of total enterprises in the country and contributing 36 percent to total growth domestic product (GDP) and nearly two-thirds to total employment. “This sector is a critical driver of economic growth, mostly, supplying and providing critical support system for logistics services to large enterprises and exporters,” he added.
Bello said the conference, with the theme “[email protected]: Creating Value for Workers and Enterprises,” supports the President Duterte’s 10 point socieconomic agenda, particularly the promotion of rural and value chain development toward increasing agricultural and rural enterprise productivity and rural tourism.
“We affirm the strategic importance of productivity in sustaining the economic well-being of enterprises and in optimizing the contribution of our human resources,” said Bello.
He also announced that the DOLE is collaborating with the Department of Trade and Industry to promote the KAPATID-Angat Lahat project. The said inclusive model aims to link micro and small enterprises (MSEs) to the medium and large enterprises, as the latter’s suppliers and distributors to enable MSEs to engage in more sustainable and profitable business activities.
“The DOLE committed to assist all KAPATID beneficiaries nationwide through its productivity trainings under the NWPC’s Productivity Toolbox, which is a package of technical assistance on productivity improvement for MSMEs that contains a ladderized and needs-based menu of customized productivity tools and technologies,” said Bello.