Tag - Pineda Formula

Wage Distortion and Use of Pineda Formula for Wage Distortion Correction based on Wage Order No. NCR-22

Wage Distortion is a situation where an increase in prescribed wage rates results in the elimination or severe contraction of intentional quantitative differences in wage or salary rates between and among employee groups in an establishment as to effectively obliterate the distinctions embodied in such wage structure based on skills, length of service, or other logical bases of differentiation. (See pp. 143-144 Solutions and Remedies on Wage Order and Minimum Wage by Atty. Elvin B. Villanueva citing Section 3, [...]

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