NCR 23
LVS Online Academy > NCR 23
Wage Distortion and Formula for Correction
25
May
On the new daily minimum wage, the company should implement by: Increasing the daily wages of affected workers to make them at least on the minimum amount Correct if there is any wage distortion Wage distortion means the disappearance or virtual disappearance of pay differentials between lower and higher positions in an enterprise because of […]
Tags: Atty. Elvin , labor , labor code , labor law , minimum wage , NCR 23 , wage distortion , wage order ,
Projected Wage and Benefits Computation on the New NCR Minimum Wage of PhP570 per day
18
May
NCR’s last minimum wage adjustment was in 2018 under the Wage Order No. 22. This made the minimum wage at that time PhP537.00 So many events had transpired afterwards, especially in 2020 when the COVID-19 struck the country. This naturally put on hold any attempt to adjust such minimum wage considering the business losses of […]
Tags: Atty. Elvin , benefits , compensation , compensation and benefits , labor , labor code , labor law , minimum wage , NCR 23 , NCR wage order no. 23 , wage order ,