logo
DOLE reminds employers: Implement P50 wage hike in NCR

DOLE reminds employers: Implement P50 wage hike in NCR

GMA Network16-07-2025
The Department of Labor and Employment (DOLE) on Wednesday reminded employers in the National Capital Region (NCR) of the effectivity of the P50 wage hike in the daily minimum wage.
DOLE-NCR Regional Director Sarah Buena Mirasol said the new wage hike will be deemed effective starting Friday, July 18, 2025.
'Effective ang bagong minimum wage sa July 18. Dapat ang ating mga employers ay mag-adjust na at makatanggap na rin by July 18 ang ating minimum wage earners,' Mirasol told Balitanghali.
(The new minimum wage will be effective starting July 18. The employers should start adjusting then and provide the new daily minimum wage.)
Last month, the NCR Regional Tripartite Wages and Productivity Board granted a P50 wage hike in the region, bringing the daily minimum wage rate from P645 to P695 for the non-agriculture sector, and from P608 to P658 for the agriculture sector, service and retail establishments employing 15 or less workers, and manufacturing establishments regularly employing less than ten workers.
Under the new rate, non-agriculture workers will have a monthly take-home pay of about P15,247 to P18,216 for a five-day and six-day workweek, respectively, inclusive of mandatory social welfare benefits such as 13th month pay, service incentive leave, SSS, PhilHealth and Pag-IBIG.
Meanwhile, Mirasol said establishments affected by calamities or those involved in retail and services employing ten workers are exempted from the wage hike.
'Kapag hindi nag-comply ang ating employers, puwedeng dumulog sa DOLE-NCR o field offices…Online, puwede rin mag-request for assistance,' she added.
(Should employers fail to comply, the employees may seek assistance from the DOLE head office and field offices. They may also request for assistance online.) —KG, GMA Integrated News
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

SSS issues revised calamity loan guidelines aid lower interest rate
SSS issues revised calamity loan guidelines aid lower interest rate

GMA Network

time3 days ago

  • GMA Network

SSS issues revised calamity loan guidelines aid lower interest rate

People on board a truck are evacuated out of a flooded village following monsoon rains in Cainta, Rizal, July 22, 2025. REUTERS/Eloisa Lopez The Social Security System (SSS) on Wednesday said it is issuing the revised Calamity Loan Program (CLP) guidelines aimed at helping members in areas declared under State of Calamity (SOC) due to various natural disasters, including Tropical Cyclone 'Crising.' In a statement, SSS president and CEO Robert Joseph de Claro said the issuance of revised CLP guidelines follows through on the announcement of President Ferdinand Marcos Jr. on May 1, 2025, during which he announced the reduction of interest rates for salary and calamity loans. 'We proposed and obtained approval of the Social Security Commission, headed by our Chairperson Finance Secretary Ralph Recto, to reduce interest rates for calamity loans to 7% per annum from the current rate of 10%. This follows the reduction of interest rate for salary loans to 8% per annum from the previous 10% which was implemented last month,' De Claro said. The reduced interest rates applies for members with 'good credit records' such as loan applicants without availment of penalty condonation for the past five years. The revised guidelines have also been tweaked to allow calamity loan renewal after six months provided that the existing CLP is not past due. 'An important improvement in the revised guidelines is the streamlining of the activation process of the Calamity Loan Program (CLP) which will allow activation of the program within seven working days from the calamity event date. Previously, activation of the calamity loan program takes about one month,' De Claro said. 'SSS Branch Operations Sector and International Operations Group units will have a more active role in the activation process when they endorse State of Calamity declarations to the SSS Member Loans Department within two calendar days from date of issuance,' he added. The salient features of the revised CLP guidelines are as follows: Loanable amount: Equivalent to one Monthly Salary Credit (MSC) computed based on the average of the last 12 MSCs rounded up to the nearest thousand or the amount applied for, whichever is lower and capped at P20,000. Availment period: Up to 30 calendar days to commence on the date of announcement of the availability of the CLP in a newspaper of wide circulation. Eligibility requirements: Members must have at least 36 monthly contributions – six of which must be posted within the last 12 months prior to the month of filing. For individually paying members, they must also have at least six posted contributions under their current membership type (self-employed, voluntary, or land-based OFW) and must be registered in the SSS website ( facility) for filing of online application. A member must also have no past due loan accounts and no outstanding restructured loan and must have not been granted any final benefit. Moreover, a member must be of legal age and under 65 years of age at the time of application for loan and must have not been disqualified due to fraud committed against the SSS. Employer of employed member must be updated in payment of contributions and loan remittances. Filing of loan application: A member may file / submit the calamity loan application online through the SSS website by accessing his / her account or through the SSS Mobile App. Release of loan proceeds: Loan proceeds shall be released through active UMID ATM card or active single account in any PESONet participating bank in the name of the member which must be enrolled in the Disbursement Account Enrollment Module (DAEM) of the member-borrower's account. Repayment term and schedule of payment: The loan shall be payable within two years in 24 equal monthly amortizations. The loan amortization shall start on second month following the month of approval of the loan. Service fee: Service fee of 1% of loanable amount shall be charged and deducted from proceeds of the loan. Penalty: Loan amortization not remitted on due date shall bear a penalty of 1% per month computed and charged for every day of delay. If the loan remains unpaid after 24 months, 10% annual interest and 1% monthly penalty will apply until fully paid. 'With the issuance of the revised CLP guidelines, SSS will provide emergency financial relief to mitigate impact of natural disasters to members and help get them toward the path of recovery under liberalized terms and conditions,' De Claro said. In 2024, the SSS disbursed nearly P10 billion in calamity loans to over 560,000 affected members. For this ear, the SSS is earmarking approximately P20 billion for calamity loans, 'underscoring its commitment to helping members recover financially from natural disasters.' — RSJ, GMA Integrated News

DOLE reminds employers: Implement P50 wage hike in NCR
DOLE reminds employers: Implement P50 wage hike in NCR

GMA Network

time16-07-2025

  • GMA Network

DOLE reminds employers: Implement P50 wage hike in NCR

The Department of Labor and Employment (DOLE) on Wednesday reminded employers in the National Capital Region (NCR) of the effectivity of the P50 wage hike in the daily minimum wage. DOLE-NCR Regional Director Sarah Buena Mirasol said the new wage hike will be deemed effective starting Friday, July 18, 2025. 'Effective ang bagong minimum wage sa July 18. Dapat ang ating mga employers ay mag-adjust na at makatanggap na rin by July 18 ang ating minimum wage earners,' Mirasol told Balitanghali. (The new minimum wage will be effective starting July 18. The employers should start adjusting then and provide the new daily minimum wage.) Last month, the NCR Regional Tripartite Wages and Productivity Board granted a P50 wage hike in the region, bringing the daily minimum wage rate from P645 to P695 for the non-agriculture sector, and from P608 to P658 for the agriculture sector, service and retail establishments employing 15 or less workers, and manufacturing establishments regularly employing less than ten workers. Under the new rate, non-agriculture workers will have a monthly take-home pay of about P15,247 to P18,216 for a five-day and six-day workweek, respectively, inclusive of mandatory social welfare benefits such as 13th month pay, service incentive leave, SSS, PhilHealth and Pag-IBIG. Meanwhile, Mirasol said establishments affected by calamities or those involved in retail and services employing ten workers are exempted from the wage hike. 'Kapag hindi nag-comply ang ating employers, puwedeng dumulog sa DOLE-NCR o field offices…Online, puwede rin mag-request for assistance,' she added. (Should employers fail to comply, the employees may seek assistance from the DOLE head office and field offices. They may also request for assistance online.) —KG, GMA Integrated News

P50B license fees collected from 70 legal online gambling platforms in 2024 –PAGCOR
P50B license fees collected from 70 legal online gambling platforms in 2024 –PAGCOR

GMA Network

time08-07-2025

  • GMA Network

P50B license fees collected from 70 legal online gambling platforms in 2024 –PAGCOR

The Philippine Amusement and Gaming Corporation was able to gather P50 billion in license fees from up to 70 legal online gambling platforms in 2024. In a Balitanghali interview on Tuesday, PAGCOR chairman and CEO Alejandro Tengco said that 50% of the fees were immediately remitted to the National Treasury. The remainder of the fees were used to subsidize other agencies such as PhilHealth, the Philippine Sports Commission, and the Dangerous Drugs Board. 'Ang na-contribute po ng online gaming alone sa PhilHealth ay mayroon pong kulang P6.5 billion. So kung ating titignan, sa 30,000 average, can you imagine ilang milyon 'yung ating natulungan sa pamamagitan ng online gaming sa pasyente ng PhilHealth?' said Tengco. (Online gaming alone has contributed almost P6.5 billion to PhilHealth. If you can see, out of the 30,000 average, can you imagine how many million more PhilHealth patients can we help through online gaming?) Tengco said there were hundreds of illegal online gambling platforms operating from outside the country and targeting Filipinos, which was destroying the online gaming industry. 'Ang masakit nito, they are operating from outside the Philippines. Ang tinatarget nila ay mga Filipino customers… Ang masakit po, 'yan ang mga kumpanyang di nakapagreregulate nang tama,' he said. (What is painful here is that they are are operating from outside the Philippines. They are targeting Filipino customers… What hurts is that these companies are the ones who are unable to regulate properly.) 'Sa PAGCOR, pagka ikaw ay may license, dapat dumaan ka sa isang masusing pagtetest ng iyong mga games para nang sa ganoon ay makitang patas ang palaro. Ikaw ay kailangan magbayad sa nanalo, at ikaw ay dapat magbalik ng deposito ng player mo anong oras man hingin ito ng player sa'yo,' he added. (Under PAGCOR, if you have a license, you must undergo a strict testing of your games to show that you are playing fair. You need to pay the winners, and you need to return the player's deposits whenever the player asks it from you.) There are currently proposals from lawmakers to enforce restrictions or a total ban on online gambling platforms. Proposed regulations include restrictions and further policies on age verification protocols, advertising, and player protection, among others. 'Online gambling is accessible anytime, anywhere and often anonymously, making it particularly addictive and harmful to minors, persons who may be vulnerable to the lure of gaining easy money, and those desperate to make ends meet. Online gambling thus poses unique and costly risks, not only for those who gamble but also their families, communities, and Philippine society,' Akbayan party-list Representatives Chel Diokno, Perci Cendaña, and Dadah Ismulla said on the exploratory note of House Bill 1351 or the Kontra e-Sugal Act. —Jiselle Anne Casucian/AOL, GMA Integrated News

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store