Good news for those who are in the employees sector! The National Wages and Productivity Commission (NWPC) has announced early in the April that there will be a new pay raise for almost 587,000 minimum earners in NCR. This is for real. Hurrah!
The minimum wage in NCR will now be P481 for those in the non-agriculture sector and P444 for those in the agricultural sector.
The P15 increase in the daily basic minimum wage and continuing a P15 Cost of Living Allowance in effect since January 2014 has been approved by the Regional Tripartite Wages and Productivity Board-National Capital Region (RTWPB-NCR), according to Secretary Rosalinda Dimapilis-Baldoz, Chairperson of the National Wages and Productivity Commission (NWPC) as per DOLE-NCR Regional Director Alex Avila.
“The take-home pay of our minimum wage earners will increase to P492.57 per day, or by 3.2 percent because of the wage hike, compared to the current P477.03 per day. They will also enjoy a higher 13th month pay and increased social security coverage,” Avila said.
“On the part of the employers, their effective labor cost per employee working six day a week will also increase by 3.2 percent, or P565.54 per day, compared to the current P547.87 per day,” he added.
This minimum wage pay hike has been the fifth under the Aquino administration.