Professional Documents
Culture Documents
Lakewood ZDS Labor Rate Computation (September 2023)
Lakewood ZDS Labor Rate Computation (September 2023)
Note:
Minimum Wage Rate = ₱ 351.00 Pursuant to Wage Order No. RBIX-21, Eff. June 25, 2022.
Basic Daily Compensation = Minimum Wage x Labor Cost Index of Each Category
Leaves (Service Incentive Leave/ = Basic Daily Wage x 25 days per month x 12/300 days
Maternity/Paternal) =
Bonus, 13th Month Pay = Basic Monthly Wage / 12
SSS Contribution = Graduated Amount Representing Employee's Contribution
PhilHealth = Graduated Amount Representing Employee's Contribution
Pag-Ibig = 2% of Basic Monthly Compensation below P5,000.00 and P100.00 above P5,000.00
Employer's Compensation Contribution = ₱ 10.00
Monthly Rate = Basic Monthly Wage + Leaves + 13th Month Pay + Social Benefits
Daily Rate = Monthly Rate / 25 days per month
Hourly Rate = Daily Rate / 8h per day
RATE COMPUTATION
pality of Lakewood, Zamboanga del Sur
Resource Labor Cost Basic Wage 13th Month Social Benefits Rate Per Rate Per Rate Per
Description Leaves
Code No. Index Daily Monthly Pay SSS/EC PhilHealth Pag-Ibig Month Day Hour
1 Foreman 1.80 ₱ 556.00 ₱ 13,900.00 556.00 1,158.33
2 HE Operator 1.50 ₱ 502.00 ₱ 12,550.00 502.00 1,045.83
3 Skilled Labor 1.30 ₱ 405.20 ₱ 10,130.00 405.20 844.17
4 Unskilled Labor 1.00 ₱ 316.00 ₱ 7,900.00 316.00 658.33
Note: LAKEWOOD:
Inhirited from previous
Minimum Wage Rate = -----------------------------------------------------------------------------------------------------> actual administration/s:
min. wage
Basic Daily Compensation = Minimum Wage x Labor Cost Index of Each Category wages
Varying minimum wage
Leaves (Service Incentive Leave/ = Basic Daily Wage x 25 days per month x 12/300 days 69.50 308.89
rates, derived from
Maternity/Paternal) = 62.75 334.67 current/adopted rates
Bonus, 13th Month Pay = Basic Monthly Wage / 12 50.65 311.69
SSS Contribution = Graduated Amount Representing Employee's Contribution 39.50 316.00
PhilHealth = Graduated Amount Representing Employee's Contribution
Pag-Ibig = 2% of Basic Monthly Compensation below P5,000.00 and P100.00 above P5,000.00
Employer's Compensation Contribution = ₱ 10.00
Monthly Rate = Basic Monthly Wage + Leaves + 13th Month Pay + Social Benefits
Daily Rate = Monthly Rate / 25 days per month
Hourly Rate = Daily Rate / 8h per day
PREPARED/SUBMITTED BY:
ERWIN M. BASCON
Municipal Engineer
NOTED BY:
DOMINGO V. MIRRAR
Municipal Mayor