Workers at Ilaya Divisoria market in Manila return to regular work on Tuesday, April 11, 2023, after the Holy Week break. The number of jobless Filipinos hit 2.47 million in February, lower than the 3.13 million recorded a year earlier but higher than January's 2.37 million, according to the Philippine Statistics Authority. Ryan Baldemor | republicasia
The minimum wage of private sector employees in Central Visayas will go up by P33 starting in October.
In a statement on Wednesday, the Department of Labor and Employment said the Regional Tripartite Wages and Productivity Board in Region 7 granted on September 5 the petitions calling for an increase amid elevated prices of basic commodities.
This brings the minimum wages in Class A to C areas to a range of P420 to P468 for non-agriculture establishments and P415 to P458 for agriculture and non-agriculture establishments with less than 10 workers.
The wage order will take effect on October 1, 2023.
”The new rates translate to a 7.6%-8.6% increase from the prevailing daily minimum wage rates in the region and result in a comparable 23% increase in wage-related benefits covering 13th month pay, service incentive leave (SIL), and social security benefits such as SSS, PhilHealth and Pag-IBIG,” the DOLE said.
Last week, the DOLE announced that minimum wages in Calabarzon would rise between P35 and P50 beginning September 24.
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