Philippines Raises Metro Manila Minimum Wage as India Tightens Provident Fund Rules
Sourced from 2 publications
- •Wage Order No. 28 raised Metro Manila's nonagricultural daily minimum wage to ₱755 from ₱695, effective September 26, 2024.
- •India raised the EPFO wage ceiling to ₹25,000, mandating pension scheme coverage for workers earning between ₹15,000 and ₹25,000.
- •India's Labour Ministry explicitly instructed employers not to reduce statutory wages to offset higher provident fund contributions.
- •Both measures use administrative rather than legislative mechanisms to expand worker protections.
- •The changes are regional in scope, affecting Metro Manila and India's formal-sector employees respectively.
Sources
Curated from 2 sources. Every summary is reviewed for accuracy, but may still contain errors. We always link to original sources for verification.
Related Stories
About Meridian
Meridian is a free daily newsletter delivering signal-scored news stories with forward-looking analysis every morning. Stories are scored across six criteria (global leverage, capital impact, temporal durability, career relevance, decision utility, and narrative clarity) then assigned to Big Signal, Core, or Quick tiers.
Get Meridian in your inbox
The stories that matter, every morning at 06:00.