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  2. Labor policy in the Philippines - Wikipedia

    en.wikipedia.org/.../Labor_Policy_in_the_Philippines

    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.

  3. Labor Code of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Labor_Code_of_the_Philippines

    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.

  4. List of countries by minimum wage - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    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.

  5. President of the Philippines - Wikipedia

    en.wikipedia.org/wiki/President_of_the_Philippines

    Salary ₱411,382/US$ 7,409 ... The president of the Philippines (Filipino: pangulo ng Pilipinas, ... to convict the official in question requires that a minimum of ...

  6. Minimum wage - Wikipedia

    en.wikipedia.org/wiki/Minimum_wage

    Winston Churchill MP, Trade Boards Bill, Hansard House of Commons (28 April 1909) vol 4, col 388 Modern minimum wage laws trace their origin to the Ordinance of Labourers (1349), which was a decree by King Edward III that set a maximum wage for laborers in medieval England. Edward, who was a wealthy landowner, was dependent, like his lords, on serfs to work the land. In the autumn of 1348, the ...

  7. Tax Reform for Acceleration and Inclusion Law - Wikipedia

    en.wikipedia.org/wiki/Tax_Reform_for...

    The exemption for minimum wage earners is retained in the revised tax system. Tax rates for individual taxpayers still follow the progressive tax system [ 6 ] with the maximum rate of 35%, and minimum rates of 20% (taxable years 2018 to 2022) and 15% (2023 onwards).

  8. Economic history of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Economic_history_of_the...

    Income inequality grew during the era of martial law, as the poorest 60 percent of the nation were able to contribute only 22.5 percent of the income in 1980, down from 25.0 percent in 1970. The richest 10 percent, meanwhile, took a larger share of the income at 41.7 percent in 1980, up from 37.1 percent in 1970.

  9. Income inequality in the Philippines - Wikipedia

    en.wikipedia.org/wiki/Income_inequality_in_the...

    The underemployment rate eased to 26.2 percent in 2012 from 28 percent in 2010, but is still much higher than the end-of-plan target of 20 percent. Employment in the region has increased by 2.79 percent between 2010 and 2012, a bit higher than the national average of 2.16 percent.