DOLE: MINIMUM WAGE HIKE IN CAGAYAN VALLEY, CENTRAL LUZON, SOCCSKSARGEN, APPROVED

Workers in Cagayan Valley, Central Luzon and Soccsksargen are set to receive a higher take-home pay from PHP30 up to PHP60 (Photo courtesy of Rappler)

Two regional wage boards approved the petitions of minimum wage earners in Cagayan Valley and Central Luzon as well as Soccsksargen in Mindanao for a salary increase according to the Department of Labor and Employment (DOLE).

The wage boards issued orders granting increases in the daily minimum wage of workers in private establishments. The DOLE said, “The adjustments, which vary per region, were reached through a collaborative consensus and unanimously approved by the members of the respective RTWPBs (Regional Tripartite Wages and Productivity Boards).”

The government affirmed the wage order that granted all workers in Cagayan Valley across non-agriculture and agriculture sectors will receive a P30 increase. For non-agriculture workers, the new minimum wage will be P480 a day, and for the agriculture sector, the new minimum wage is P460 a day.

And a P500 monthly increase for house helpers (kasambahay) in all cities and municipalities in the region, bring the sector’s monthly minimum wage to P6,000.

Likewise in Central Luzon, a wage order was issued granting a P50 to P66 hike to increase the daily minimum wage rates to P500-P550 in the non-agriculture sector; P485-P520 in the agriculture sector; and P435-540 and P435-540 in retail and service establishments.

On the other hand, Soccsksargen will implement its wage hike in two tranches for non-agriculture and agriculture, and four tranches for service and retail. A P27-P48 wage increase in the region was approved, bringing the daily minimum wages to P430 in the non-agriculture sector including retail and service establishments, and P410 in the agriculture sector.

According to DOLE, the wage orders will take effect on October 17, 2024 and said that it will benefit around 905,000 minimum wage earners in the three regions, and around 1.7 million full-time wage and salary workers earning above the minimum who may indirectly benefit from upward adjustments.

“The new rates for workers in private establishments translate to about 7%-15% increase from the prevailing daily minimum wage rates in these three regions, and result in a comparable 7%-12% increase in wage-related benefits covering 13th-month pay, service incentive leave, and social security benefits such as SSS, PhilHealth, and Pag-IBIG,” it added.

Source: GMA Integrated News 

Be part of ImHenyo community!

Get featured by sharing your stories, news, and comments

Email us at [email protected]