Minimum Wage 2024 Philippines Projection

The last round of minimum wage increases took effect between july last year in the national capital region to february this year in region xi, or the davao. In this article, we will discuss the new philippine minimum wage, its pros and cons for company owners, and ways to deal with the rise.

The last round of minimum wage increases took effect between july last year in the national capital region to february this year in region xi, or the davao. In the national capital region, the daily minimum wage stands at p610 —the highest in the country— up from p460 as of april 2023.

In 2024, The Minimum Wage In Manila, The Capital City Of The Philippines, Ranged From Php 530 To.

Minimum wages in philippines is expected to reach 610.00 php/day by the end of 2024, according to trading economics global macro models and analysts expectations.

All Sectors (Except Domestic Workers) And Provinces:

The regional tripartite wages and productivity board (rtwpb) has approved the p35 hike in the daily minimum wage of workers in the national capital.

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It’s Important To Note That.

The last wage hike order in ncr was approved on july 16, 2023, which set a php40 increase.

In 2024, The Minimum Wage In Manila, The Capital City Of The Philippines, Ranged From Php 530 To.

In the national capital region, the daily minimum wage stands at p610 —the highest in the country— up from p460 as of april 2023.