Additional cost of living allowance could help Metro Manila workers, Palace says

May 18, 2012 9:49 pm 

MANILA, May 18 — Malacanang expects that the approval of a P30-additional cost of living allowance (COLA) for workers in Metro Manila will help them in their daily lives.

The National Capital Region’s wage board has recently approved a P30-additional COLA for Metro Manila workers.

“The other Regional Wage Boards have come up with wage orders ahead of the one of NCR. The wage order that was announced today by the DOLE will be published tomorrow and it will be effective upon publication,” Deputy Presidential spokesperson Abigail Valte said during the regular press briefing in Malacanang on Friday.

According to the Tripartite Wages and Productivity Board-NCR, the additional COLA will be implemented in two tranches. The first tranche of P20 will be implemented 15 days after the publication of the new order and the remaining P10 will follow six months after.

The P22-increase in COLA that was given last year will now be integrated in workers’ basic pay in addition to the P20-COLA recently approved by the wage board.

The recent adjustment will raise the daily minimum wage in Metro Manila from P400 to P426. This will also mean an increase of around P900 per month for NCR workers. (PNA) RMA/PCOO/ssc

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