Senate Approves Bill Increasing Daily Minimum Wage by P100

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Senate,Bill,Daily Minimum Wage

The Senate has passed a bill seeking to increase the daily minimum wage of workers in the private sector by P100. The measure covers all minimum wage earners in the country and aims to address the rising cost of living.

The Senate approved on third and final reading on Monday, February 19, 2024, a measure seeking to increase the daily minimum wage of workers in the private sector by P100. With 20 affirmative votes, zero negative votes and no abstention, the Senate passed Senate Bill 2534, or “An Act Providing for a 100 Pesos Daily Minimum Wage Increase for Employees and Workers in the Private Sector ,' which was authored by Senate President Juan Miguel Zubiri and sponsored by Senator Jinggoy Estrada.

Senators Lito Lapid, Imee Marcos, Cynthia Villar and Mark Villar were not present in the session hall during the voting. The measure covers all minimum wage earners in the private sector in the entire country, whether agricultural or non-agricultural. Currently, there are 4.2 million minimum wage earners in the country. In a statement, Estrada said the measure is responsive to the needs of the Filipinos, especially amid the rising cost of living and soaring prices of basic commoditie

Senate Bill Daily Minimum Wage Private Sector Workers Increase Filipinos Cost Of Living

 

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