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Philippines Fast Facts
Payroll in the Philippines
Wages
Daily minimum wages range from 316 PHP to 645 PHP. Monthly minimum wages range from 9,480 PHP to 19,350 PHP. Minimum wages, excluding those based on piecework, vary by region. For instance, in the National Capital Region (NCR), the daily minimum wage is 645 PHP. Other regions have different rates, such as 470 PHP in the Cordillera Administrative Region and 435 PHP in Region I (Ilocos Region).
Salaries
The overall annual average salary in the Philippines is approximately 537,600 PHP per year, with monthly ranges from 20,000 PHP to 50,000 PHP, depending on the position and experience. The monthly median salary in the Philippines is around 20,583 PHP.
By gender, the average annual salary for men is 1,358,612 PHP, while the annual average salary for women is 911,547 PHP.
Salaries by location in the Philippines
Looking at salary by location in the Philippines:
Cebu City: Offers competitive salaries, particularly in the BPO and tourism sectors.
Davao City: Salaries are generally lower than in Metro Manila but are increasing due to economic growth and investment.
As your employment partner in the Philippines, we can provide you with resources and insights about average employee compensation in various job positions, so you can be better equipped to make a competitive employment offer.
Payroll frequency
In the Philippines, bi-weekly salary payments are the most common, primarily for salaried employees such as white-collar professionals, government workers, and corporate employees. These salaries are usually paid on the 15th and the last day of the month. The Labor Code mandates that wages be paid at least once every two weeks or twice a month at intervals not exceeding sixteen days.
In addition to regular wages, annual payments are made for bonuses and incentives, benefiting corporate employees, government workers, and public sector unit (PSU) employees.
Disclaimer: The information provided on or through this website is for informational purposes only and does not constitute legal advice. Safeguard Global expressly disclaims any liability with respect to warranty or representation concerning the information contained herein, including the lost essence, interpretation, accuracy and/or completeness of the information in transit and language translation.


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