Which law mandates the fixing of the minimum wage applicable to different industrial sectors?

The Wage Rationalization Act, or RA 6727, is the legislation that establishes the framework for setting minimum wage levels across various industrial sectors. This law was enacted to promote a more equitable wage system and to ensure that workers receive fair compensation for their labor, particularly in diverse industries with varying economic circumstances.

Under the Wage Rationalization Act, the Regional Tripartite Wages and Productivity Boards are created to determine the minimum wage applicable in each region based on local economic conditions, the cost of living, and other relevant factors. This localized approach recognizes that different sectors may have different capacities to pay, and it allows for adjustments that reflect regional economic realities.

The other laws mentioned do not pertain to the establishment of minimum wage standards. For instance, the Labor Unification Act does not specifically address wage issues, while the Business Capitalization Act focuses on business development rather than wage setting. Lastly, the Industrial Zoning Regulation deals with land use and urban planning, which also does not impact minimum wage laws.