Philippine Government Employee Compensation and Benefits, Lecture notes of Human Resource Management

Download Philippine Government Employee Compensation and Benefits and more Lecture notes Human Resource Management in PDF only on Docsity! HRM Performance Task No. 6 Done by Pair Malic, Ferari N. Gaqui, Herbert Mark E. 1. Current compensation and benefits of the Philippine government employees. 1. Minimum wage The Wage Rationalization Act, Republic Act No. 6727, sets the minimum wage rates applicable per region, province and industry sector. The industry sectors are: non-agricultural, agriculture (plantation and non-plantation), cottage and handicraft, retail and service sectors. Minimum wage may vary depending on the number of employees and gross-sales of an enterprise and its industry sector. Current Real Minimum Wage Based on October 2021 CPI (2012=100) Agricultu REGION Non-Agriculture re Plantatio Non- n Plantation NCR 428.2 398.72 398.72 3 CAR 271.1 271.11 271.11 1 I 264.1 229.22 219.11 8 II 277.1 258.43 258.43 5 Il 325.0 301.86 289.47 8 IV-A 310.8 289.04 289.04 0 IV-B 242.0 242.06 242.06 6 Vv 228.7 228.78 228.78 8 VI 299.4 238.82 238.82 7 Vil 310.2 302.61 302.61 9 Vil 246.2 223.48 223.48 1 Ix 238.3 228.51 228.51 1 Xx 273.6 264.62 264.62 1 XI 303.4 299.62 299.62 5 XI 248.1 232.64 232.64 5 CARAGA 250.5 250.59 250.59 9 BARMM 242.7 224.05 224.05 2 Note: Computed using this formula: Sources of basic data: NWPC/RTWPBs and PSA-Consumer Price Index (CPI) highest nominal minimum, 199 wage CPI for the month Salary Grade Table with the Minimum wage amounts for each level Salary Grade Minimum Monthly Salary 1 P12,034.00 2 P12,790.00 3 P13,572.00 4 P14,400.00 5 P15,275.00 6 P15,275.00 7 P17,179.00 8 P18,251.00 9 P19,593.00 10 P21,205.00 11 P23,877.00 12 P26,052.00 13 P28,276.00 14 P30,799.00 15 P33,575.00 16 P36,628.00 17 P39,986.00