The global solution for payroll professionals, combines custom research, strategic white papers, country primers, webinars, and the expert guidance you’ve come...
June 14—The daily minimum wage in the National Capital Region of the Philippines increased across all economic sectors by 10 pesos ($0.21) on June 2, according to Wage Order No. NCR-20 issued by the National Wages and Productivity Commission May 17, 2016.
Under the new daily rates, the non-agricultural sector's minimum wage increased to 491 pesos ($10.60) from 481 pesos ($10.38) while the minimum wage for the agricultural, retail and manufacturing sectors each increased to 454 pesos ($9.80) from 444 pesos ($9.59).
The increase is the result of the introduction of a new cost of living allowance of 10 pesos ($0.21) and the integration of the old cost of living allowance into the basic wage, the commission's wage order said.
The Philippines' National Capital Region includes the cities of Caloocan, Las Pinas, Makati, Malabon, Navotas, Mandaluyong, Manila, Marikina, Muntinlupa, Paranaque, Pasay, Pasig, Quezon, San Juan, Taguig, Valenzuela and the Municipality of Pateros.
Each of the 16 administrative regions outside of the National Capital Region individually sets minimum wage requirements.
Daily minimum wage requirements for regions outside of the National Capital Region vary for nonagricultural workers between 225 ($4.85) and 364 Philippine pesos ($7.86). Daily minimum wage rates for agricultural workers in these regions vary between 227 ($4.90) and 337.50 Philippine pesos ($7.29).
Minimum wage earners in the Philippines are exempt from paying income tax on their wages, hazard pay, holiday pay, night shift differential and overnight pay.
To contact the reporter on this story: Jared Mondschein at firstname.lastname@example.org.To contact the editor responsible for this story: Michael Baer at email@example.com.
Wage Order No. NCR-20 is available at http://www.nwpc.dole.gov.ph/pages/ncr/cmwr.html.
The minimum wages for all regions of the Philippines can be found at http://www.nwpc.dole.gov.ph/pages/statistics/stat_current_regional.html.
More information on payroll issues in the Philippines can be found in the Philippines country primer.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)