Saturday, July 8, 2017

New Minimum Wage for Northern Mindanao

According to the About Cagayan de Oro website, a new minimum wage for northern Mindanao will take effect on July 16, 2017. As seen in the photo, the new wage can be different depending on type of work and the city where the work is done.

The new minimum wage ranges from a low of 304 Philippine pesos to a high of Php 338.

At the current rate of exchange, Php 338 is worth $6.76 in U.S. Dollars. It should be noted, however, this is not an hourly wage. The minimum wage is the daily rate. When the new wage goes into effect, these workers will be paid less per day than the current U.S. federal minimum wage per hour.

Think about that the next time you demand $15 per hour to flip burgers.

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