New Statutory Minimum Wage Rates

The minimum wage rates established are separate and distinct from existing benefits or allowances granted under any other laws, decrees, or issuances.

Employees of registered cottage industries with not more than 30 workers and registered cooperatives are entitled to a minimum wage of P8.00 per day for the first three years from the effectivity of the decree.
This P8.00 minimum wage also applies to retail and service establishments with not more than 10 workers and to distressed employers.

The decree shall not reduce any existing allowances, benefits, or forms of compensation granted by existing laws, decrees, issuances, or contractual agreements between workers and employers except as explicitly provided.

The Secretary of Labor is tasked to issue the necessary rules and regulations to implement the decree.
The Secretary of Labor may establish terms and conditions for granting exemptions provided by this decree.

Any laws, decrees, or other issuances inconsistent or contrary to this decree are repealed.

Despite global wage freezes and cuts during the economic recession, Filipino workers' minimum wages increased by at least 27.6% over two years.
These increases include emergency allowances, 13th month pay, holiday pay, attendance incentives, night differentials, and premium pay.
Government efforts succeeded in managing inflation to protect workers’ purchasing power through subsidies and food production programs.
Philippine economy experienced growth and reduced unemployment to a record low of 3.6% despite global economic challenges.
Workers still suffered real wage loss due to persistent inflation, necessitating this wage increase.
The adjustment was recommended by the Third National Tripartite Conference balancing productivity, employment, price stability, and industrial peace considerations.