2024 Minimum Wage Philippines. The last wage hike order in ncr was approved on july 16, 2023, which set a php40 increase. The philippine minimum wage for 2024 varies across the regions.
The national wages and productivity commission officially announced the minimum wage increase for metro manila workers on july 1, 2024, which will take effect. Overall, the wealth of the philippines’s richest individuals remained relatively flat at $80.8 billion in 2024, a slight increase from the previous year’s $80.4 billion.