The minimum wage is a fundamental labor policy that aims to ensure that workers receive fair compensation for their efforts, allowing them to meet their basic needs and maintain a decent standard of living.
In the Philippines, the minimum wage varies by region, taking into account the cost of living and economic conditions in each area. In this article, we will explore the minimum wage in Region 2, also known as Cagayan Valley, Philippines.
Region 2 Cagayan Valley: An Overview
Cagayan Valley, or Region 2, is located in the northeastern part of the Philippines. It is known for its rich agricultural resources, diverse landscapes, and vibrant communities. Comprising five provinces – Batanes, Cagayan, Isabela, Nueva Vizcaya, and Quirino – the region has a unique economic landscape with agriculture, trade, and services as its primary contributors.
Also Read: Minimum Wage in the Philippines All Region
Minimum Wage in Region 2 Cagayan Valley
𝗪𝗮𝗴𝗲 𝗢𝗿𝗱𝗲𝗿 𝗡𝗼. 𝗥𝗧𝗪𝗣𝗕 𝟮-𝟮𝟮 provides a P30 increase in Region 2 (Cagayan Valley) to be given in two equal tranches. P15 (first tranche) upon effectivity on October 16, 2023, and P15 on April 1, 2024 (second tranche).
After full implementation of the tranches, the minimum wage rates in Region II (Cagayan Valley) will be P450 for non-agriculture and P430 for agriculture establishments.
Meanwhile, 𝗪𝗮𝗴𝗲 𝗢𝗿𝗱𝗲𝗿 𝗡𝗼. 𝟬𝟮-𝗗𝗪-𝟬𝟱 grants a monthly increase of P500 bringing the monthly wage rate of domestic workers in Region II (Cagayan Valley) to P5,500.
| Sector/Industry | Current Minimum Wage Rates | New Wage Increase | New Minimum Wage Rate |
| Non-Agriculture | P420 | P15 (Upon Effectivity of the First Tranche on October 16, 2023) P15 (Upon Effectivity of the Second Tranche on April 1, 2024) | P435 P450 |
| Agriculture | P400 | P15 (Upon Effectivity of the First Tranche on October 16, 2023) P15 (Upon Effectivity of the Second Tranche on April 1, 2024) | P415 P430 |
𝗪𝗮𝗴𝗲 𝗢𝗿𝗱𝗲𝗿 𝗡𝗼. 𝗥𝗧𝗪𝗣𝗕 𝟮-𝟮𝟮 PDF Download