The Bicol Region, known as Region 5 in the Philippines, has recently seen a significant adjustment to its minimum wage standards. This change reflects the government’s commitment to ensuring fair compensation for its workforce and is a vital step towards improving living standards for many workers in the region.
Recommended: Minimum Wage All Region
Region 5 Minimum Wage Increase
The Regional Tripartite Wages and Productivity Board (RTWPB) issued 𝗪𝗮𝗴𝗲 𝗢𝗿𝗱𝗲𝗿 𝗡𝗼. 𝗥𝗕𝗩-𝟮𝟭 which provides a P30 increase for all minimum wage workers in private establishments in Region V (Bicol Region) effective December 1, 2023. This brings the daily minimum wage in the region to P395.
|Sectors/Industry||Current Minimum Wage||New Wage Increase||New Minimum Wage Rate|
Meanwhile, 𝗪𝗮𝗴𝗲 𝗢𝗿𝗱𝗲𝗿 𝗡𝗼. 𝗥𝗕𝗩-𝗗𝗪-𝟬𝟯 grants a monthly increase of P1,000 for domestic workers (𝘬𝘢𝘴𝘢𝘮𝘣𝘢𝘩𝘢𝘺𝘴), increasing the monthly minimum wage rate of domestic workers in the region to P5,000 effective December 1, 2023.
|Area/Location||Current Minimum Wage||New Wage Increase||New Minimum Wage Rate|
|Chartered Cities, First Class Municipalities and other Municipalities||P4000||P1000||P5000|
𝗪𝗮𝗴𝗲 𝗢𝗿𝗱𝗲𝗿 𝗡𝗼. 𝗥𝗕𝗩-𝟮𝟭 PDF Download