Finally, the Ten (10)-peso increase in minimum wage in Metro Manila (wage hike) has now issued with Wage Order No. NCR-18 which will take effect on October 4, 2013. The Regional Tripartite Wages and Productivity Board (RTWPB) of the National Wages and Productivity Commission has finally posted the minimum wage in their website.
The issuance of this wage order is long awaited by employers to determine when should they comply as well as employees to know when will they receive their increases. Recall that On September 6, 2013, the internet and all other media is shocked by the announced increase in minimum wages and public has a mixed reaction about the matter. Others say “it is a joke” and others say “better than never”. Continue reading
The Regional Tripartite Wage and Productivity Board of the National Capital Region (RTWPB-NCR) has approved a P10 increase in the minimum wage in Metro Manila. The Wage Order to implement this increase in minimum wage is yet to be issued by the RTWPB-NCR. The Wage Order will be issued 10 days from its publication and will be effective 15 days after its publication in a newspaper of general circulation.
Update: The Regional Tripartite Wages and Productivity Board has issued Wage Order No. NCR-18 effective October 4, 2013, Click Here.
The minimum wage is composed of the basic wage and cost of living allowance (COLA). COLA is distinguished component of the minimum wage as it is NOT considered in the computation of the 13th month pay. Currently, the minimum wage is P456 which consists of P426 basic wage and P30 COLA, effective November 1, 2012. See Wage Order No. 17 & RMC No. 76-2012: Daily Minimum Wage Rates in the National Capital Region for the older wage order.
The approved increase in minimum wage by the RTWPB-NCR will have the following effect: Continue reading