Daily rates by sector
| Sector | Daily rate |
|---|---|
| All areas | |
| Areas: Iriga, Legazpi, Ligao, Masbate (city), Masbate (province), Naga, Sorsogon (city), Sorsogon (province), Tabaco, Albay, Camarines Norte, Camarines Sur, Catanduanes | |
| All Sectors / Industry | ₱455 |
What it costs an employer
Cost of one employee paid the headline rate of ₱455 a day. Assumes a 5-day week and 2026 contribution rates, calculated with the Chamberlain payroll calculator.
| Cost item | Per month |
|---|---|
| Monthly equivalent (₱455 x 261 days / 12) | ₱9,896.25 |
| SSS employer share, including EC | ₱1,010.00 |
| PhilHealth employer share | ₱250.00 |
| Pag-IBIG employer share | ₱197.93 |
| 13th-month accrual (monthly equivalent / 12) | ₱824.69 |
| Total monthly cost | ₱12,178.86 |
Notes on this wage order
- Current rate is the first tranche (PHP 20 increase from PHP 435), effective 8 April 2026. The NWPC header reads "Wage Order No. V-23"; the rate table reads "RBV-23".
- Scheduled second tranche, not yet in force: PHP 25 more, to PHP 480, effective 1 December 2026.
Provinces covered
- Albay
- Camarines Norte
- Camarines Sur
- Catanduanes
- Masbate
- Sorsogon
Verified against NWPC on 9 October 2026.
Official sources
Primary references this guide is checked against.
Frequently asked questions
What is the minimum wage in Bicol and Albay in 2026?
Under wage order RBV-23, the highest minimum daily wage in Bicol Region (Region V) is ₱455. It has been in effect since 8 April 2026. Rates vary by sector and tier, as listed above.
How much does a minimum-wage employee cost an employer in Bicol and Albay?
At ₱455 a day, the monthly equivalent is ₱9,896.25 (261 days divided by 12). Adding the employer shares for SSS including EC, PhilHealth and Pag-IBIG, plus the 13th-month accrual, the total is ₱12,178.86 a month, assuming a 5-day week and 2026 contribution rates.