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The minimum wage rate for Non-Agriculture employees, in Manila region, established under Wage Order No. NCR 15 is P404 per day, but on May 9, 2011, a (cost of living allowance) of P22 per day was added to P404 wage, making the minimum wage P426.
Article 99 of the Labor Code of the Philippines stipulates that an employer may go over but never below minimum wage. Paying below the minimum wage is illegal. [10] The Regional Tripartite Wages and Productivity Boards is the body that sets the amount for the minimum wage. In the Philippines, the minimum wage of a worker depends on where he works.
Netherlands. €1,934.40 (US$2288) per month, and €11.16 (US$13.2) per hour for persons 21 and older; between 30–80% (as low as €3.35 per hour) of this amount for persons aged 15–20. [ 173] An additional holiday allowance of 8% of the annual wage is paid in May or June, prorated for the time worked in the year. 24,925.
In the Philippines, for example, spending on food equates to 75% of the minimum wage worker's earnings. While most aim to earn more than minimum wage, it could be your reality, at least for some time.
A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. [ 2] Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by ...
Net average monthly salary. The countries and territories have a net average monthly salary of: Green. above $2,000. Blue. $1,000 to $1,999. Orange. $500 to $999. Red.
The new average national minimum wage was expected to take effect around October 2023. [5] As of early October 2023, the lowest minimum wage in Japan exists in the Iwate Prefecture at ¥893 an hour (6.03 U.S. dollars), while the highest minimum wage is in Tokyo at ¥1,113 an hour (7.51 U.S. dollars). [6]
Federal laws. The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [ 45] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.