By J. Jala | 10:44 PM May 24, 2022
The Regional Tripartite Wages and Productivity Board (RTWPB)-7 has approved a P31 increase or P435 a day for all minimum wage earners in Bohol and other provinces in Central Visayas.
Joe Tomongha, labor sector representative on the wage board, said that the P31 increase was agreed upon by all members of the board on Tuesday, May 24, 2022.
The wage board is composed of the regional director of the Department of Labor and Employment (DOLE)-7 as chairperson, the regional directors of the Department of Trade and Industry (DTI)-7 and the National Economic and Development Authority (NEDA) as vice-chairpersons, two employer sector representatives, and two labor sector representatives.
Considered in the formula of raising the minimum wages are inflation, consumer price index, poverty threshold, and purchasing power of the peso, among others.
The (RTWPB)-7 also approved a P500 monthly increase in the wages of the region’s house helps or kasambahays.
In effect, the region’s kasambahays will now receive a minimum of P5,500 monthly from P5,000.
The new minimum wage in Central Visayas would be implemented 15 days after its publication.