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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.
None; The minimum wage of public sector is LE 6,000 (US$123.6) per month. The private sector (There are certain grace periods in certain industries such as tourism, retail, and clothing.) is LE 6,000 (US$123.6) per month. [88] 42 May 2024 El Salvador: The minimum wage was set by the government at US$304.17 monthly in 2018. [10] [18] [89] 3,650: ...
This is a list of the official minimum wage rates of the Top 10 cities with the largest economies in ASEAN. Some cities may have a complicated minimum wage system. For example, in Vietnam, both Ho Chi Minh City and Hanoi has 2 types of minimum wage rates.
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.
Minimum wage in the United States This page was last edited on 11 December 2024, at 13:30 (UTC). Text is available under the Creative Commons Attribution ...
1974. Minimum wage: $2 In 2024 money: $12.46 Had the government not increased the minimum wage in 1974, It would have cratered by almost a full dollar from $12.46 in today's money all the way down ...
Looking ahead: The minimum wage rose to $13.50 last July, and for Portland workers, wages hit $14.75 in 2022; for rural workers, wages jumped $12.50. After that, increases will be tied to inflation.
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.