Daily News

View All News

Philippines president orders review of regional minimum wages

03 May 2024

Philippines President Ferdinand R. Marcos Jr. ordered a review of regional minimum wage rates.

Marcos directed the Regional Tripartite Wages and Productivity Board (RTWPB) to review the minimum wage rates in their respective regions. He asked the RTWPBs to consider the prevailing economic complexities such as inflation in conducting the review.

RTWPB are government bodies established to regulate and set minimum wage rates across its different regions.

“As president, I call on the Regional Tripartite Wage and Productivity Boards to initiate a timely review of the minimum wage rates in their respective regions, with due consideration to the impact of inflation among others, within 60 days prior to the anniversary of their latest wage order,” Marcos said.

Marcos also called on the National Wages and Productivity Commission, which supervises the RTWPBs, to ensure that the boards are able to “maintain a regular and predictable schedule of wage review, issuance and effectivity to reduce uncertainty and enhance fairness for all stakeholders.”

Meanwhile, House Speaker Martin Romualdez reaffirmed the commitment of the Lower House to continue its work toward legislation that will improve the welfare of Filipino workers.

He also vowed to push measures that will guarantee further fair labor practices and promote the safety and health standards of workers who contribute to the country’s growing economy.

“The government is steadfast in its resolve to create more job opportunities and to foster an environment where labour rights are protected and economic opportunities flourish,” he said.