TY  - BOOK
AU  - Kho,Sharmaine F.; Melanio,Marc Johnsen C.; Micua,Remil A.; Reyes,Lhorea Anne H.; Robles,Jonathan B.; Tacderas,Ellis Emmanuel P.
TI  - The moderating effect of inflation on the relationship between current situation and quality life of minimum wage earners: Basis for a responsive compensation strategy 
AV  - HD4909 K46 2023 
U1  - . 
PY  - 2023///
CY  - Manila
PB  - PLM, 
KW  - academic writing
N1  - ABSTRACT: Minimum wage workers receive wages in exchange for the service rendered. This wage determines the well-being of each worker; however, it is highly influenced by other factors such as inflation and minimum wage increases. Inflation also influences the continuous price changes on goods and services, which significantly effects the minimum wage workers on sustaining necessities such as food, healthcare, shelter, and education. With the minimum wage increase, the worker’s quality of life was expected to improve, but this increase in minimum wage results in both favorable and unfavorable outcomes. With this, the researchers explore the moderating effect of inflation on the relationship between the current situation and quality of life of minimum wage through utilizing a cross-sectional study with a quantitative-descriptive approach or a mixed method. This study was conducted in the 17 urban areas around the National Capital Region, targeting 134 respondents, the respondents for each area were divided on the total population of each city. A survey questionnaire was utilized on collecting the necessary data, and was analyzed through the usage of frequency, percentage, weighted mean, ranking, descriptive rating. Pearson Correlation, regression, and SPSS. After testing and utilizing these statistical tools, it was revealed in the results that inflation does not have a substantial moderating effect on the relation between the MWE’s current situation and their quality-of-life assessment. It was also noted that regardless of the inflation’s moderating effect, the connection between the two variables would remain constant, whether it is strong or weak relationship. With this, the researchers looked forward in recommending the Responsive Compensation Strategy which focuses mainly on private companies. This involves automatic wage adjustments or supplementary benefits that could potentially retain stability of workers purchasing power. This proposed strategy for private companies could promote adaptation that could substantially impact workers status and well-being; F
ER  -