Wage board approves ₱40 hike in NCR daily minimum wage

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Wage board approves ₱40 hike in NCR daily minimum wage
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BREAKING: The Regional Tripartite Wages and Productivity Board in the National Capital Region has approved a daily minimum wage hike of ₱40 or about 7% for workers in the private sector.

This raises the daily minimum pay in Metro Manila from ₱570 to ₱610 in the non-agricultural sector, and from ₱533 to ₱573 for the"agriculture sector, service and retail establishments employing 15 or less workers, and manufacturing establishments regularly employing less than 10 workers."

Wage Order No. NCR-24 will take effect on July 16, 2023, or 15 days after its publication on June 30. The National Wages and Productivity Commission affirmed the order on June 27. The Department of Labor and Employment said the move was expected to directly benefit 1.1 million minimum wage earners in Metro Manila.

DOLE added that 1.5 million full-time wage and salary workers earning higher than minimum wage"may also indirectly benefit as a result of upward adjustments at the enterprise level arising from the correction of wage distortion."President Ferdinand Marcos Jr. earlier hinted that a minimum wage hike may take effect soon.

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