One of the most unpleasant and stressful management jobs is downsizing the workforce. It takes a toll on employee morale who can feel betrayed. It can result in increased voluntary turnover and decreased innovation, higher levels of work demand, role conflicts, supervisory problems, job insecurity,...
Corporate governance became one of my special fields of interest when I joined the group of professional lecturers at the extension campus of the De La Salle Graduate School of Business at the RCBC Plaza in Makati City when Philip Juico was the school dean. Our group was accredited by the...
Our Constitution and the Labor Code protect the rights of labor to organize unions (Section 8, Article lll, Bill of Rights, Philippine Constitution; Article 3 of the Labor Code). Previously, it was difficult before to register a union to acquire legal personality because of many stringent...
Over the years, employee productivity has always been a center of discussion in the academe, business community, and trade unions, especially when there is talk of wage increases. The intent of the law creating the regional tripartite wage and productivity boards is clear. Otherwise, it would not...
Executive Genesis Services, Inc. founder and CEO, Rhoda Castro-Caliwara, will head this year's 45th National Conference of Employers (NCE) of the Employers Confederation of the Philippines (ECOP) this June 25-26, 2024 at the Manila Hotel. Rhoda Castro-Caliwara heads the 45th National Conference of...
Employers said they will focus discussions during the upcoming 45th National Conference of Employers (NCE) on tech-driven future as they emphasized that employees have to learn and relearn 40 percent of their skills over the next five years to keep their jobs. The Employers Confederation of the...
Employers said they always abide by the decisions of the Regional Tripartite Wages and Productivity Boards (RTWPB) on wage adjustments stressing it is the best venue to address petitions for wage adjustments, the Employers Confederation of the Philippines (ECOP) said. ECOP President Sergio...
The proposed legislated P100 national wage hike continues to be a heated issue as a group of informal sector workers has joined three business groups to resist its passage, saying the proposal will exclude a “supermajority” of workers from any wage increase and might even lead to them losing...
Filipino and foreign business organizations in the country are urging policy makers, particularly the Senate, to adopt a more comprehensive approach to addressing economic inequality instead of focusing solely on legislated wage increases, moves that businesses have always strongly opposed. ...
The Securities and Exchange Commission (SEC) will meet with business groups on Thursday, Oct. 12, to discuss complaints on the proposed revised schedule of certain fees and charges which is deemed too high. In a statement, the SEC welcomed the points and notes the concerns raised by business groups...
President Ferdinand "Bongbong" Marcos Jr.'s overseas trips are one of the main drivers of the increasing employment rate in the country, the Employers Confederation of the Philippines (ECOP) said. President Ferdinand Marcos Jr. and First Lady Liza Araneta-Marcos (Ali Vicoy/MANILA BULLETIN) ECOP...
# Business lauds comprehensive SONA The private sector seemed to agree with President Marcos that “the state of the economy is sound and improving” and lauded the comprehensive report to the nation, but disagreed with the president on how to further ease doing business in the country, stating...
