2024 Q2 Philippines Regulatory Update

6月 6, 2024
With the start of Q2 2024, personnel regulations in the Philippines are changing again. If you’re planning to open business employment opportunities in the country, understanding these regulations updates is crucial. This article explores these regulations changes and offers a comprehensive guide for entering the Philippines market.

Highlights:

  1. Senate concurs with ILO C190 ratification

  2. Caraga wage board OKs P35 hike for minimum earners

    • In Wage Order No. RXIII-18, which was motu proprio issued on Dec 5th, 2023, the daily minimum wages of workers in all sectors were increased to PHP385.00. The increase will be given in two tranches – firstly, the initial PHP20.00 will be effective on Jan 1st, 2024, while the second tranche, amounting to PHP15.00, will be given on May 1st, 2024.
    • Reference: https://www.pna.gov.ph/articles/1215506
  3. DOLE, labor groups laud 5K cash aid to ease burden of low-wage workers

    • The Department of Labor and Employment (DOLE) and labor groups welcomed the move to give a one-time financial assistance to workers getting a monthly salary of PHP23,000 below.
    • Reference: https://www.pna.gov.ph/articles/1215420
  4. DOLE issues pay rules for regular holidays, special non-working days in 2024

  5. ECC restores 3-year prescriptive period for filing of claims

  6. Senate gives nod to P100 wage hike for private sector workers

    • Senator unanimously approved on Monday the bill seeking to hike the salary of workers in the private sector by PHP 100. Under Senate Bill (SB) 2534, all minimum wage earners in the private sector nationwide will receive a PHP 100 increase. This applies to both agricultural and non-agricultural workers.
    • Reference: https://www.pna.gov.ph/articles/1219138
  7. 1st tranche of new P38 daily wage hike for R11 set on March 6th

    • The new PHP38 daily wage hike for minimum wage workers in Davao Region will start rolling out on March 6
    • Reference: https://www.pna.gov.ph/articles/1219191
  8. P20 hike in BARMM minimum wage stakes effect Feb 28th

    • Minimum wage earners in the Bangsamoro Autonomous Region in Muslim Mindanao will get an additional PHP20 in their salaries effective Feb 28th.
    • Reference: https://www.pna.gov.ph/articles/1219316
  9. Measures empowering senior citizens, PWDS move forward

 

讯升

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