By Lace Anne Ebuña
(September 16, 2024) – The Regional Tripartite Wages and Productivity Boards (RTWPB) have issued wage orders approving increases for daily minimum wage of P21 to P75 in CALABARZON and P33 to P43 in Central Visayas for private sector workers.
The wage orders were issued following Pres. Ferdinand Marcos, Jr.’s Labor Day directive to the RTWPBs to review regional minimum wage rates prior to the anniversary dates of previous wage increases.
The wage increase will take effect on September 30 in CALABARZON and on October 2 in Central Visayas.
The RTWPB IV-A (CALABARZON) re-categorized the grouping of areas on the basis of the income classification of local government units and simplified the wage structure into the agriculture and non-agriculture sectors and retail establishments employing not more than ten workers.
In CALABARZON, the daily minimum wage ranges from P450 to P560 for non-agricultural workers, P425 to P500 for those in the agricultural sector, and P425 for employees in retail and service establishments.
Meanwhile, in Central Visayas, wages are based on area classifications. Workers in Class A areas will receive P458 to P468 up to P501, Class B workers will earn P425 to P430 up to P463, and those in Class C areas will receive P415 to P420 up to P453.
The new wage rates for private sector workers represent a 7%-8% increase from the current daily minimum wages in both regions, leading to an approximate 11% rise in wage-related benefits.
The wage orders are expected to directly benefit 1.2 million minimum wage earners in these regions, while around 2.7 million full-time workers earning above the minimum wage may also see indirect benefits due to wage adjustments at the enterprise level to address wage distortions.
(PB)
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