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Bagtas Approach

This document outlines a formula for calculating a new daily minimum wage. It shows the existing minimum wage is 325. To calculate the wage distortion adjustment, it takes the present wage of the employee (325) and multiplies it by the mandated wage increase (25/300 = 0.0833). This results in an adjustment of 27.08. The new daily minimum wage is then calculated by adding the existing minimum wage (325) to the wage distortion adjustment (27.08), equaling 352.08.

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Arman Dalisay
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2K views2 pages

Bagtas Approach

This document outlines a formula for calculating a new daily minimum wage. It shows the existing minimum wage is 325. To calculate the wage distortion adjustment, it takes the present wage of the employee (325) and multiplies it by the mandated wage increase (25/300 = 0.0833). This results in an adjustment of 27.08. The new daily minimum wage is then calculated by adding the existing minimum wage (325) to the wage distortion adjustment (27.08), equaling 352.08.

Uploaded by

Arman Dalisay
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Mandated Wage Increase

Wage Distortion Adjustment = Present Wage of Emplo


x
Existing Minimum Wage

25
= x 325
27.08 300

New Daily Mininum Wage = 325 + 27.08

= 352.08

MWI Wa Wb Wc % EMW
Pineda Formula 75 400
Pineda Cruz So Formula 75 400
Percentile 75 100%
PCS 75 400
Wirerope Formula 65 400
JODA Formula 75 400 500 500 400
Bagtas Formula 75 400

Percentile 25 100%

Wirerope 20 300

PCS 25 300

350
300
0.857143
Present Wage of Employee

325

WE WDA NDMW Rank


500 60.00 560.00 4 348.08 3
500 48.00 548.00 7 346.30 5
500 75.00 575.00 2 350.00 2
510 57.69 567.69 3 347.73 4
500 52.00 552.00 5 343.46 6
500 50.00 550.00 6 337.50 7
500 93.75 593.75 1 352.08 1

325 25 350

325 18.46

330 22.73

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