Valenzuela company in trouble for paying wages in coins

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Calling it a “cruel and unusual” practice that warranted sanctions from the city government, Valenzuela Mayor Rex Gatchalian said they would investigate the factory that gave 5- and 10-centavo coins as the worker’s salary. | krixiasINQ

On Monday, the mayor called the company’s attention after receiving a complaint from Russel Mañosa, who claimed that he received two days’ worth of wages totaling P1,056 in coins.

Gatchalian said the factory’s practice was in violation of the Bangko Sentral ng Pilipinas circular issued in 2006, which sets maximum limits on payments made in currency notes or coins.

 

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