IABF’s 60 Seconds: New Regulation on Minimum Wage Stipulation for 2023
The Minister of Manpower (“MoM”) has issued MoM Regulation (“MoMR”) Number 18 of 2022 on Minimum Wage Stipulation of 2023 (“Regulation”) on 16 November 2022. The Regulation sets that minimum wage consists of provincial minimum wage or municipality/city minimum wage based economic condition and manpower. The minimum wage stipulation is conducted towards (a) region which […]
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