2024 Minimum Wage Philippines Increase. 2534, which calls for a p100 increase in the daily minimum wage of workers in the private sector, on the third and final reading on monday, february 19, 2024. While modest in usd terms, the minimum wage plays a vital role in ensuring decent living standards for filipino.
The philippine minimum wage for 2024 varies across the regions. The regional tripartite wages and productivity board (rtwpb) has approved a p35 wage increase for workers in the private sector in the national capital region.