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Manila Bulletin devider Philippines devider Luzon devider Minimum wage hike in Central Visayas approved

Minimum wage hike in Central Visayas approved

Published Sep 16, 2024 12:15 pm

CEBU CITY – Workers in Central Visayas will receive higher wages beginning October 2.

The Regional Tripartite Wages and Productivity Board here (RTWPB) approved a wage increase ranging from P33 to P43 on Monday, September 16.

RTWPB 7.jpg

The new daily minimum wage in Central Visayas will range between P453 and P501.

Several reasons were cited when the RTWPB decided to approve the wage increase.

Among them are the rising cost of goods and the weakening purchasing power of the Philippine peso.

A finding from the Philippine Statistics Authority showing that the poverty threshold of a family of five living in Central Visayas is already at P473 was also cited for the need to increase workers’ pay.

Under the new rates, minimum wage in Class A areas in Central Visayas – Carcar, Cebu, Danao, Lapulapu, Mandaue, Naga, Talisay, and the municipalities of Compostela, Consolacion, Cordova, Liloan, Minglanilla, and San Fernando, was pegged at P501.

Workers in Class B areas Bais, Bayawan, Canlaon, Dumaguete, Guihulngan, Tagbilaran, Tanjay, and Toledo cities will receive P463 per day while the rest will get a salary of P453 daily.

The RTWPB clarified that establishments with more than 10 regular employees, and those adversely affected by natural calamities or human-induced disasters, are exempted from the new daily minimum wage.

The wage hike came after the RTWPB approved a P33 increase for daily minimum wage earners in October 2023.

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