Metro minimum wage workers get P22 increase in daily wage – Interaksyon.com.
InterAksyon.com
MANILA, Philippines – Minimum wage workers in Metro Manila will receive P22 more in their daily basic pay as the Regional Tripartite Wage and Productivity Board in the region approved the amount to be given as a cost of living allowance (COLA).
Labor Secretary Rosalinda Baldoz, who made the announcement at the Department of Labor and Employment, said the COLA is part of the minimum wage, which now totals P426.
She said that as COLA, it will not be part of the calculation for overtime pay, night differential, and 13th month pay.
Baldoz said the amount will not have an inflationary effect as a Bangko Sentral ng Pilipinas study indicates that the threshold is P25.
The increase will become effective 15 days after the publication of the decision in a newspaper of general circulation.
Read full article @ InterAksyon.com
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