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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.
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.
This template calculates a worker's annual wage (calculated on a PPP basis) as a percentage of the GDP per capita in the worker's country in 2012 given the worker's country, pay period, and earnings in the local currency during that period.
For example, in Vietnam, both Ho Chi Minh City and Hanoi has 2 types of minimum wage rates. Singapore and Metro Manila also has different types of minimum wage systems based on industries/services. Other cities from Indonesia and Malaysia have simple rate systems for minimum wages such as Jakarta, Kuala lumpur, Surabaya, Bandung and Medan. In ...
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. [86] 42 May 2024 El Salvador: The minimum wage was set by the government at US$304.17 monthly in 2018. [10] [18] [87] 3,650: ...
Template: List of minimum wages by country/Hourly wage/PPP. 2 languages.
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.
{{ List of minimum wages by country/Hourly wage/USD| 60.57 | Mexico | daily | workweek = 48 }} displays 0.31, which is the gross earnings a Mexican worker earns per hour, reported in 2012 US dollars, if the worker earns a gross wage of 60.57 Mexican pesos per day.