DOLE: P15 wage increase effective June 14, P5 Cola effective August 28
19 June 2008The Department of Labor and Employment (DOLE) said that the new wage hike for minimum wage workers in the private sector in the National Capital Region (NCR) took effect Saturday, (June 14, 2008).
Labor and Employment Secretary Marianito D. Roque said the effectivity of the wage hike is based on Wage Order No. 14, issued by the Regional Tripartite Wages and Productivity Board (RTWPB) in the NCR, which granted a P20 per day increase for minimum wage workers in private sector in the region on May 16.
Roque said that the P20 wage increase consists of P15 increase in the basic pay, and P5 cost-of-living-allowance (COLA) which will be automatically integrated into the basic pay on August 28, 2008.
for more details: http://www.dole.gov.ph/news/details.asp?id=N000002210
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