Minimum Wages In The Philippines 2024. The regional wage board in metro manila has approved a p40 minimum wage increase for workers in private establishments, bringing the daily minimum wage from p570 to p610, the department of labor. The minimum wage rates are determined by the rtwpbs and are frequently reviewed and updated.
While modest in usd terms, the minimum wage plays a vital role in ensuring decent living standards for filipino. These rates are set at a regional level by the regional tripartite wages and productivity boards.