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4.1M wage earners benefited from salary hike in 2023

admin January 2, 2024

AT least 4.1 million minimum wage earners have benefited from the salary adjustments in 15 regions in 2023.

“A total of 15 wage orders were issued by the RTWPBs (Regional Tripartite Wages and Productivity Boards) for workers in the private sector, nine of which were initiated motu proprio,” the National Wages and Productivity Commission (NWPC) said in a social media post on Monday.

The RTWPB-National Capital Region (NCR) was the first to issue a wage hike order on June 26, which provided for a P40 pay hike.

This raised the minimum wage in Metro Manila to P610 from P570 for the nonagricultural sector and to P573 from P533 for the agriculture sector.

Meanwhile, the Northern Mindanao wage board was the latest to issue a wage hike order on December 21.

The region’s minimum wage has been raised to P438 from P423 for the nonagriculture sector, and to P426 from P411 for agriculture.

Only the Davao Region wage board has yet to issue a new wage order.

However, it already held consultations with stakeholders such as the Philippine Statistics Authority, the Department of Trade and Industry, the National Economic and Development Authority, and the Department of Agriculture.

Public hearings are scheduled within the first quarter of 2024.

Tags: salary hike

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Source: USD/PHP @ Mon, 29 Jun.

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