Labor Rates 2024-2025
Labor Rates 2024-2025
Labor Rates 2024-2025
NOTE:
Minimum Wage Rate = Php 480
Basic Daily Wage = Minimum Wage Rate * Labor Cost Factor
Basic Monthly Wage = Basic Daily Wage * 26 Working Days
ECOLA: =
Food = 7.5% Minimum Wage Rate * 26 Working Days
Transportation = 3% Minimum Wage Rate * 26 Working Days
Tool Maintenance: =
Hand Tool = 10% Minimum Wage Rate * 26 Working Days
Electric Driven Tool = 12% Minimum Wage Rate * 26 Working Days
Specialization/Expertise: =
Working Foreman = 50% Minimum Wage Rate * 26 Working Days
Working Leadman = 40% Minimum Wage Rate * 26 Working Days
Highly Skilled Laborer = 20% Minimum Wage Rate * 26 Working Days
Skilled Laborer = 15% Minimum Wage Rate * 26 Working Days
Rate Per Month = Basic Monthly Wage + ECOLA + Specialization/Expertise
Rate Per Day = Rate Per Month / 26 Working Days
Rate Per Hour = Rate Per Day / 8 Working Hours