the Philippines
Make employment in the Philippines easy. Let us handle payroll, benefits, taxes, compliance, and even stock options for your team in the Philippines, all in one easy-to-use platform.
- Capital City
Manila
- Currency
Philippine peso (₱, PHP)
- Languages
Filipino and English
- Population size
106,651,394
Facts & Stats
- Capital City
Manila
- Currency
Philippine peso (₱, PHP)
- Languages
Filipino and English
- Population size
106,651,394
- Ease of doing business
Easy
- Cost of living index
40.65 (89 of 139 nations)
- Payroll frequency
Monthly
- VAT - standard rate
5% on goods, 6% on services
- GDP - real growth rate
6.0% (2019)
The Philippines is a southeast Asian nation composed of over 7,000 islands. It is located between the South China Sea and the Pacific Ocean. With 108 million residents, it’s the thirteenth most populous country on Earth. As an archipelago, the Philippines is home to beautiful beaches and a wide variety of flora and fauna.
The economy has a strong agricultural presence, but other sectors are growing. The Philippines is one of the leading suppliers of nurses worldwide. A very low cost of living makes the Philippines very attractive for workers.
Grow your team in Philippines with Remote
Want to hire employees in the Philippines? Companies hiring in the Philippines are typically required to either own a local legal entity or work with a global employment platform like Remote that can legally provide employment services in the country.
Remote can employ team members in the Philippines and keep you compliant at all times. Remote can hire, onboard, and pay your the Philippines team so you don't have to set up local HR services in the region. Remote also makes it easy to pay contractors in the Philippines. now to get started or talk to an expert for more details.
Risks of misclassification
Philippines, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Philippines may lead to fines and penalties for the offending company.
Employing in Philippines
Minimum Wage
The minimum wage in the Philippines for workers in the private sector is PHP608.00 – PHP645.00 per day effective 17 July 2024.
The minimum monthly wage is ₱14,190 also effective 17 July 2024. To get the annual salary, multiply the monthly ₱14,190 by 13 months.
The wage Order for domestic workers as of 03 January 2024 is PHP6,500.
Payroll Cycle
For customers of Remote, all employee payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.
In the Philippines, the 13th-month salary is a mandatory statutory benefit equivalent to an extra month's salary, paid out at the end of November each year for Remote Philippines. If the employee leaves the employment before the end of November, eligible employees are entitled to receive the pro-rated 13th-month salary with the final pay.
All rank-and-file employees who have worked for at least one month within the current calendar year are eligible, and it is calculated as one-twelfth of their total annual basic salary. Employees who quit, were fired, or were separated from their individual firms are still entitled to their 13th-month salary, as long as they worked for at least a month.
The 13th-month pay is generally not taxable, except for amounts exceeding PHP 90,000, which are subject to tax.
Onboarding Time
We can help you get a new employee started in the Philippines fast. The minimum onboarding time we need is only 3 working days.
Our team ensures your employees are onboarded and paid as quickly as possible while keeping your business compliant with all local employment legislation. The minimum onboarding time begins after the employee submits all required information onto the Remote platform. The onboarding timeline is also dependent upon registration with local authorities.
For all non-nationals of the country of employment, the Right to Work assessment (if applicable) will add three extra days to the total time to onboard. There may be extra time required if we need to follow-up on the right to work assessment.
Please note, payroll cut-off dates can impact the actual first day of employment. Remote has a payroll cut-off date of the 10th of the month unless otherwise specified.
20 Public holidays
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Effortless HR the Philippines: Take the Tour
Competitive benefits package in the Philippines
At Remote, we’re passionate about helping you craft the best possible employee experience for your team. We are leading the way in developing globally competitive benefits programs. This means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive, and your company has the localized expertise needed to attract and keep the best global talent.
Our benefits packages in Philippines are tailored to fulfill the local needs of employees. Typically, our packages contain some or all of the following benefits:
Health Insurance
Dental Insurance
Vision Insurance
Mental Health Support
Pension or 401(K)
Life and Disability Insurance
Fair Pricing in the Philippines
Employer of Record
Hire and pay your global team
Starting at $599/month
for annual plans
Top features
Satisfaction guaranteed
No deposits or hidden fees
Zero onboarding or offboarding fees
Compliant equity incentives support including withholding and reporting
Built-in security and compliance
Fast onboarding (average 2-3 days)
Flexible, localized benefits
Contractor Management
Compliantly onboard and pay contractors
$29
per contractor/month
Top features
Only pay for contractors you actively work with
Work with contractors in 200+ countries and territories
Create, edit, and sign tailored, localized contracts
Approve contractor invoices with one click or auto-pay
Transparent payments with complete visibility
Payroll
Consolidate your multi-country payroll
$29
per employee/month
Top features
Support: Personalized assistance with a dedicated team and specialists
Accuracy: Test runs and parallel pay runs before implementation
Compliance: Adhere to local labor laws in every country
Timeliness: Accurate and on-time payroll with labor authority reporting handled
Experience: Seamless payroll with easy access to payslips and expenses
Top features
Guided onboarding and offboarding
Employee profile and document management
Time and attendance (time off and tracking)
Expense management and reimbursement
Employee self-serve on the platform and mobile app