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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.
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.
The federal minimum wage has been stuck at $7.25 since 2009, not even close to the buying power it once brought workers — which peaked all the way back in the 1960s. The Minimum Wage Since 1988 ...
3% wage increase February 1989 $5.48 $208.37 10.0% wage increase August 1989 $5.64 $214.49 3% + 3% wage increase March–April $5.64 $214.49 No wage increase April 1991 $6.59 $250.45 2.5% wage increase April 1992 $6.59 $250.45 No wage increase November 1993 $6.80 $258.45 $8.00 wage increase September 1994 $7.01 $266.45 $8.00 wage increase
The federal minimum wage has been stuck at $7.25 since 2009. And 20 states — including Pennsylvania, New Hampshire, Alabama and Mississippi — still adhere to it.
Looking ahead: Indiana’s minimum-wage workers haven’t seen an increase since 2009, when the federal minimum wage hit $7.25. Though some lawmakers recently backed an increase to $10 by 2022 and ...
For example, they look at the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990–91 increases in the federal minimum wage. In addition to their own findings, they reanalyzed earlier studies with updated data, generally finding that the older results of a negative employment effect did not hold ...
The state’s minimum wage has doubled since 2010, most recently increasing to $16 from $15.50 in January. ... ‘This $18-an-hour minimum wage is going to increase prices across the board ...