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  • Jimenez, Ofreneo, de Las Alas (Joda) Formula

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    TAU MU OFFICIAL
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    This document provides a formula for calculating wage distortion adjustment (WDA) based on an employee's old and new minimum wages after a mandated wage increase. The WDA is equal to half the difference between the employee's daily wage and the old minimum wage. The new minimum wage is equal to the old minimum wage plus the mandated wage increase.

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    JODA ( LABOR WAGE DISTORTION)

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    Joda

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    This document provides a formula for calculating wage distortion adjustment (WDA) based on an employee's old and new minimum wages after a mandated wage increase. The WDA is equal to half the difference between the employee's daily wage and the old minimum wage. The new minimum wage is equal to the old minimum wage plus the mandated wage increase.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    95 views2 pages

    Jimenez, Ofreneo, de Las Alas (Joda) Formula

    Uploaded by

    TAU MU OFFICIAL
    This document provides a formula for calculating wage distortion adjustment (WDA) based on an employee's old and new minimum wages after a mandated wage increase. The WDA is equal to half the difference between the employee's daily wage and the old minimum wage. The new minimum wage is equal to the old minimum wage plus the mandated wage increase.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 2

    JIMENEZ, OFRENEO, DE LAS ALAS (JODA) FORMULA

    WDA = Wb-Wa
    2

    Wa = Old Minimum Wage


    Wb = Daily Wage of Employee (where
    Wc = New Minimum Wage (Wa + mandated wage
    MWI = Mandated Wage Increase
    WDA = Wage Distortion Adjustment
    NDMW = New Daily Minimum Wage

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