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How the New Minimum Wage Impacts Businesses in 2024

How the New Minimum Wage Impacts Businesses in 2024 Banner

Over the previous several years, the minimum wage rate in the Philippines has seen substantial variations. In 2023, it reached a record high of PHP 610.00 a day. Increasing the minimum wage would mean businesses will have happier workers, leading to productivity. However, this also implies that business owners will have to face the increase […]