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What is Labor Cost Structure in the Philippines about?

- The document discusses the structure of labor costs in the Philippines based on data from the 2013 Labor Cost Survey. - Payment for normal/regular working time accounted for the largest share (86.4%) of total annual direct wages and salaries on average. Overtime, night shift premiums, and bonuses each accounted for smaller shares. - While payment for regular work dominated across industries, some industries had higher shares of other pay types. For example, nearly a quarter of pay in health and social

Author

Bertrand Russell Dysangco

Language

EN