News break: Manila, Philippines–National Wage productivity Commission has approved P22.00 wage increaseMinimum Wage Hike Possible According to Department of Labor and Employment (DOLE): Announcement on May 9. Read more ... » which is added as the Cost of Living Allowance (COLA) per day for all minimum wage earners in the Metro Manila or National Capital Region (NCR).
The increase was granted after the debate of the P125 additional increase which lately lower down to P13 as the only amount employers can afford to give to their employees. Despite the approval of the P22 additional COLA for the minimum wage earners in Metro Manila and NCR region, many employers had warned that this latest wage increaseMinimum Wage Hike Possible According to Department of Labor and Employment (DOLE): Announcement on May 9. Read more ... » would affect some business establishment and would later close the business totally because of recent oil hikes that affect the economic situation in the country.
This P22 wage increase would give total P404 plus P22 wage for the workers in a non-agricultural institution and P367 plus P22 for those who are working in agricultural institution.
This increase however, will not be included in the computation of the 13th month pay, overtime pay, night differential rate, retirement and separation benefits of an employee.
Make it clear that the latest wage increase does not apply to the provincial areas.