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This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar. The chart below reflects the average (mean) wage as reported by various data providers.
Legal education in the Philippines is developed and offered by Philippine law schools, supervised by the Legal Education Board.Previously, the Commission on Higher Education supervises the legal education in the Philippines but was replaced by the Legal Education Board since 1993 after the enactment of Republic Act No. 7662 or the Legal Education Reform Act of 1993.
The Wage Rationalization Act, or Republic Act 6727, was enacted in 1989 and it is the ruling law regarding minimum wage rates. It established the National Wages and Productivity Commission which has supervision over Regional Tripartite Wages and Productivity Boards, which ultimately decide on minimum wage rates.
The Labor Code of the Philippines is the legal code governing employment practices and labor relations in the Philippines. It was enacted through Presidential Decree No. 442 on Labor day , May 1, 1974, by President Ferdinand Marcos in the exercise of his then extant legislative powers .
Average wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612. [1]
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The Legal Education Board, or known widely by its abbreviation LEB, is an independent government agency responsible for the regulation of the legal education in the Philippines. The agency was created on December 23, 1993 through the enactment of Republic Act No. 7662 or the Legal Education Act of 1993. [ 1 ]