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Thursday, December 5, 2024

Wage board grants P33-40 daily pay hike for Western Visayas workers

ILOILO CITY – The Regional Tripartite Wages and Productivity Board (RTWPB) in Western Visayas recently approved the petition to increase by P33 to P40 the daily minimum wage of people employed in private companies.

The Department of Labor and Employment (DOLE) in Western Visayas said the increase would take effect in late November or early December.

For companies with more than 10 employees, the daily minimum wage will increase to P33 while for businesses that have less than 10 workers, the amount would jump to P35 increase.

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The agricultural sector will receive a wage hike of P40 per day. Household helpers in Western Visayas would also receive an additional P1,000 to their minimum monthly wage, which raises it to P6,000.

The wage adjustment calls for a new minimum daily wage of P513 for companies employing more than 10 workers from the previous rate of P480. For employers with less than 10 employees, the wage will go up to P485. In the agricultural sector, the minimum wage will be increased to P480.

The wage order approved has been transmitted to the National Wages and Productivity Commission for third and final review prior to its effectivity to ensure compliance with all legal requisites.

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