For compiling the wage rate index numbers, requisite data on minimum and maximum wage rates, which is defined as basic wage plus dearness allowance, wherever paid. The minimum wages have been revised in philippines in 2024.
The central government has published the revised rate of minimum wages effective from april 2024. In the unorganised sector, where labour is vulnerable to exploitation due to illiteracy and lack of effective bargaining, minimum wages are fixed.
Revised Minimum Wage 2024 In India Images References :