Law Summary
Increase in Statutory Minimum Wages
- Following the integration of allowances into the basic pay, the statutory minimum wage is to be increased by P4.00 per day.
- This wage increase applies to establishments paying workers P50 per month under Presidential Decree 525 and those paying less.
- The effective date for this wage increase is January 1, 1981.
Repeal of Previous Decrees
- Presidential Decrees 525 and 1123, along with their implementing rules, are officially repealed by this decree.
Authority and Implementation
- The Minister of Labor and Employment is tasked with promulgating the rules necessary to implement this decree.
Context and Legislative Authority
- The decree was issued in response to organized labor's petitions for improved worker benefits under existing wage laws.
- It acknowledges the possibility of granting additional benefits without compromising business viability amid the global economic crisis.
- The decree was issued under the constitutional powers vested in the President of the Philippines.