CURRENT DAILY MINIMUM WAGE RATES

National Capital Region (NCR) a/

Per Wage Order No. NCR-20 b/
(Effective: 2 June 2016)

Sector/Industry Basic COLA New New New

Wage Integratio Basic COLA Minimu
n Wage m Wage
Rates

Non-Agriculture P P 15.00 P P 10.00 P 491.00

including Private 466.00 481.00
Hospitals with bed
capacity of 100 or less

Agriculture (Plantation P P 15.00 P P 10.00 P 454.00

and Non Plantation) 429.00 444.00

Retail/Service P P 15.00 P P 10.00 P 454.00

Establishments 429.00 444.00
employing 15 workers or
less

Manufacturing P P 15.00 P P 10.00 P 454.00

Establishments regularly 429.00 444.00
employing less than 10
workers

Position Level
Min (Peso)*
Average (Peso)*
Max (Peso)*
CEO / SVP / AVP / VP / Director
60,000

95,000

125,000

Assistant Manager / Manager

25,000

32,000

40,000
Salary increase budgets in the Philippines remain stable at 7% across all
industries, according to the 2015 Asia-Pacific Salary Budget Planning Report by
Towers Watson, a global professional services company.

Vangie Daquilanea, Towers Watson Philippines office data services manager, said
that amid all the growth projections in the business sector, reflected and evident
in the historical gross domestic product growth of the Philippine economy, salary
increase budgets remain stable at 7% across all industries in the country.

She added that the real challenge for companies is to be able to distribute this
salary increase budget to employees as a tool and measure for the pay for
performance philosophy that most companies are advocating for.

Philippines: Tertiary school enrollment, percent of all eligible children

: For that indicator, UNESCO provides data for the Philippines from 1971 to 2014.
The average value for the Philippines during that period was 25.77 percent with
a minumum of 16.41 percent in 1975 and a maximum of 35.75 percent in 2014.

Utility residential electricity prices have risen steadily in the last decade.
According to the Energy Information Administration, residential electricity rates
have increased nationally by around 30% in the last 10 years from about 9 per
kilowatt-hour (kWh) in 2005 to about 13/kWh in 2014 (an increase of about
0.4/year).

Determining the right advertising budget for your business can be a matter of
experimentation. Advertising costs and methods can vary by industry; therefore,
the advertising costs will vary for each type of business. One way to go about
determining your starting point is to use a small percentage of your gross
revenue as the basis for your advertising budget when you start out. Steve
McKee of Bloomberg Businessweek recommends a starting point of about 5
percent to get started and then make adjustments from there as necessary.

Another way to determine your advertising budget as you start out is to do a

little research on your own industry and determine what a typical ratio is for the
type of business you operate. Use a standard percentage that is used by other
businesses in the same industry, or choose a range of percentages used in that
industry as the basis for your calculation. For instance, McKee notes that 4 to 10
percent is common in the packaged goods industry, while 2.5 to 3.5 percent is
typical in the automobile industry.

Field Office Monthly Supplies Expense Allocation Supplies Expense Reproduction

Expense Total Province 1,500.00 500.00 2,000.00 City 1,000.00 500.00 1,500.00
Cluster 750.00 250.00 1,000.00 Municipality 350.00 r50.00 500.00 Barangay
20.00 5.00 25.00
Cost of home insurance falls - average price paid for buildings cover down 6%;
contents insurance down 5%

28/01/2015

The cost of home insurance has fallen over the last year according to the ABI's
latest Average Quarterly Household Premium Tracker published today.

Based on information from ABI members who cover 90% of the home insurance
market it tracks the price paid for household buildings, contents and combined
insurance.