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πŸ“’ NCR wage board approves P40 minimum pay hike! πŸ“ˆ

The Regional Tripartite Wages and Productivity Board (RTWPB) in the National Capital Region (NCR) has granted a PHP40 salary increase for minimum wage earners in the private sector. πŸ’°

πŸ“… In a statement on Thursday, the Department of Labor and Employment (DOLE) said the board issued Wage Order No. NCR-24 on June 26, granting the daily wage adjustment. πŸ‘₯

πŸ’Ό With the RTWPB’s decision, the daily minimum wage in Metro Manila has increased from PHP570 to PHP610 for the non-agriculture sector. For the agriculture sector, service and retail establishments with 15 or fewer workers, and manufacturing establishments regularly employing less than ten workers, the employees will now get PHP573 from PHP533.

πŸ“œ The wage order was submitted to the National Wages and Productivity Commission (NWPC) for affirmation on June 26, 2023. The NWPC affirmed the wage order on June 27 and authorized its publication on June 30.

βŒ›οΈ The wage order will take effect after 15 days from its publication, or on 16 July 2023. It is expected to benefit 1.1 million minimum wage earners in NCR. πŸ™Œ

πŸ“ˆ This increase, resulting from petitions filed by labor groups, considered the criteria provided under Republic Act No. 6727 or the Wage Rationalization Act and aims to address the rising prices of basic goods and commodities. πŸ’ͺ

🀝 The Board, comprised of government, management, and labor representatives, conducted public hearings and deliberations to reach this decision.

πŸ’Ό The new rates, which translate to a 7% increase from the previous minimum wage rates in the region, remain above the regional poverty threshold. They also lead to a comparable 7% increase in wage-related benefits, including 13th-month pay, service incentive leave (SIL), and social security benefits.

πŸ“£ The RTWPB-NCR will undertake information campaigns to ensure compliance and assist enterprises in correcting possible wage distortions. For exemption applications and clarifications, the RTWPB can be emailed to wage_ncr@yahoo.com.ph.

πŸ“… The last Wage Order for workers in private establishments in the region was issued on May 12, 2022, and became effective on June 4, 2022.

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