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The chart below reflects the average (mean) wage as reported by various data providers. The salary distribution is right-skewed, therefore more than 50% of people earn less than the average gross salary. Thus, the median figures provided further below might be more representative than averages
€2,437.07 (US$2882) per month, and €14.06 (US$16.63) per hour for persons 21 and older; between 30–80% (as low as €4.22 per hour) of this amount for persons aged 15–20. [164] An additional holiday allowance of 8% of the annual wage is paid in May or June, prorated for the time worked in the year.
The computation for the wage is his regular wage plus at least twenty-five percent (25%) of his hourly wage. Work performed beyond eight hours on a holiday or rest day shall be paid an additional compensation equivalent to the rate of the first eight hours on a holiday or rest day plus at least thirty percent (30%) thereof. [10]
Though he didn’t disclose Happy Cashier’s wages, Zhang said, “We pay 150% more than the average cashier job in the Philippines ... is 56.69 Philippine pesos, or about $1, per hour as base pay.
The $3.75 hourly wage is about $600 per month, translating to more than 33,900 Philippine pesos (PHP), which is well above the median monthly wage for Filipinos of 18,400 PHP, according to Statista.
The average wage is a measure of total income after taxes divided by total number of employees employed. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP).
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With this large pool of available workers, the Philippines has more than 38 million people that belong to the labor force which is one of the largest in the world almost making it to the top ten notwithstanding a relatively mediocre participation rate of 64.5%. [3] The labor force has consistently grown by an average 2% for the past three years ...