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 |
| All Sectors/Establishment | P365 | P30 | P395 |
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