Philippines Minimum Wage Rate 2023
Philippines has a government-mandated minimum wage, and no worker in Philippines can be paid less then this mandatory minimum rate of pay. Employers in Philippines who fail to pay the Minimum Wage may be subject to punishment by Philippines' government.
What is the Philippines Minimum Wage?
Philippines' Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.
The Philippines' minimum wage ranges from PhP466 a day for agricultural workers in the Mimaropa Region to PhP491 a day for nonagricultural workers in the National Capital Region. The Phillipines' minimum wage is set by tripartite regional wage boards. Philippines' minimum wage was last changed in 2-Jun-2016.
How does Philippines' minimum wage compare to the minimum wage in other countries?
Philippines' yearly minimum wage is $2,053.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 75 countries with a higher Minimum Wage then Philippines, and Philippines is in the top 38 percent of all countries based on the yearly minimum wage rate.
Facts and statistics about Philippines
Philippines is a country located in the Southeast Asia region with a population of 75,967,000 and an average life span of 67.5 years.
|Gross National Product||$65,107.00|
|Current Leader||Gloria Macapagal-Arroyo|
|Continent & Region||Asia, Southeast Asia|
|Surface Area||300,000 square kilometers|
|ISO 3166 Country Code||PH|
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