The Department of Labor and Employment (Dole) has confirmed that over 337,000 private sector workers in Central Visayas will receive a PHP42 wage increase. The adjustment, approved by the National Wages and Productivity Commission (NWPC), will take effect on October 14. This increase applies to workers earning the minimum wage in the region.
The wage hike aims to improve living standards and support economic stability in Central Visayas. The Dole stated that the adjustment is part of ongoing efforts to ensure fair compensation for labor. The increase is expected to benefit both formal and informal sector workers.
The move follows recent discussions on wage adjustments across the Philippines. The Dole emphasized that the new rates will help reduce income inequality and boost consumer spending. The impact of the wage increase is anticipated to be felt across various industries in the region.
The announcement has been welcomed by labor groups, who see it as a positive step toward better working conditions. The Dole will monitor the implementation to ensure compliance with the new wage rates.
