MANILA - The regional wage board has approved a P15 minimum wage hike for workers in the National Capital Region.
The new minimum wage will be P481. Minimum wage earners will get the pay raise by April.
Department of Labor and Employment Spokesperson Nicon Fameronag said they considered the consumer price index, inflation rate, and the possible impact of the minimum wage adjustment on the prices of goods and services.
He also said the decision is also based on a series of public hearings.
ANC Dateline Philippines, 18 March 2015