PLDT LABOR DISPUTE
Let me share a news which pissed me off so much and I emphatized with the people who are affected. I use to work with this company and I practically know all these people. Hope they get justice to what management had done to them.
Labor dispute brewing
PLDT finance guys Celso Dimarucut and Jojo Ibay are persona non grata as far as employees of the PLDT finance department who were unceremoniously discharged from their positions which they have held for far longer than these two have.
Certain employees were told that "due to process improvement and technological changes," there was an excess of positions. When asked for the manner of selecting who should go and who should stay, Dimarucut said certain criteria were followed in consultation with the department head, Ibay, who was on bereavement leave. He then advised the employees to either avail of the mandatory redundancy program (MRP) or be redeployed if there’s an opening.
The affected employees were asked to vacate their workplaces effective May 2 and even before they were informed that they were being dismissed due to redundancy, their access to the Systems Application Program (SAP) was terminated. Dimarucut also informed them that starting May 2, they will be reassigned to the Placement Opportunity Center where they will have to wait for a job opening.
It appears that some of those who will be retained and who will be absorbing the workload of the dismissed employees are not qualified. Non-accountants will be doing the work of accountants, in short.
During the meeting of those who will be retained, some even volunteered to give up their jobs in place of those who needed the job more but according to Dimarucut, this can’t be done without giving any explanation.
There are rumors that in exchange for the termination of the employees, Dimarucut and Ibay will be receiving a higher variable pay.
There are talks though that Ibay was forced by Dimarucut to terminate the employees. He was given the number of heads to chop off. If left to Jojo, he would have kept most of the employees because the whole finance team of PLDT is undermanned.
If there is a redundant employee, it is Dimarucut, insiders say. He comes to work shortly before lunch and leaves early. And since he just orders his people to do all the work, then the few remaining employees will even be more loaded with work. His people slave till 3 to 4 in the morning, while Dimarucut takes off at 5 pm.
But more importantly, why would a company earning P30 billion lay off people? Isn’t that pure greed and heartlessness? The long-term incentive plan or bonus of Dimarucut is enough to pay the salaries of most of the terminated employees. Maybe top management should review the very high LTIP bonuses of the executives instead of firing the lowly employees.
The biggest fear of top management is if the 9,000-strong rank-and-file and supervisors‚ unions band together and go on strike. This will leave a skeleton force of less than 500 executives and officers to run the company. With this move of Dimarucut, both union heads have reportedly started talking about joining forces. Dimarucut may have just started the downfall of the biggest company in the Philippines.
Dimarucut reports to Annabelle Chua, the treasurer of PLDT and Chris Young, the chief financial advisor. The employees are looking to Chua and Young to intercede and do what is right unless the order came from them.
Labor dispute brewing
PLDT finance guys Celso Dimarucut and Jojo Ibay are persona non grata as far as employees of the PLDT finance department who were unceremoniously discharged from their positions which they have held for far longer than these two have.
Certain employees were told that "due to process improvement and technological changes," there was an excess of positions. When asked for the manner of selecting who should go and who should stay, Dimarucut said certain criteria were followed in consultation with the department head, Ibay, who was on bereavement leave. He then advised the employees to either avail of the mandatory redundancy program (MRP) or be redeployed if there’s an opening.
The affected employees were asked to vacate their workplaces effective May 2 and even before they were informed that they were being dismissed due to redundancy, their access to the Systems Application Program (SAP) was terminated. Dimarucut also informed them that starting May 2, they will be reassigned to the Placement Opportunity Center where they will have to wait for a job opening.
It appears that some of those who will be retained and who will be absorbing the workload of the dismissed employees are not qualified. Non-accountants will be doing the work of accountants, in short.
During the meeting of those who will be retained, some even volunteered to give up their jobs in place of those who needed the job more but according to Dimarucut, this can’t be done without giving any explanation.
There are rumors that in exchange for the termination of the employees, Dimarucut and Ibay will be receiving a higher variable pay.
There are talks though that Ibay was forced by Dimarucut to terminate the employees. He was given the number of heads to chop off. If left to Jojo, he would have kept most of the employees because the whole finance team of PLDT is undermanned.
If there is a redundant employee, it is Dimarucut, insiders say. He comes to work shortly before lunch and leaves early. And since he just orders his people to do all the work, then the few remaining employees will even be more loaded with work. His people slave till 3 to 4 in the morning, while Dimarucut takes off at 5 pm.
But more importantly, why would a company earning P30 billion lay off people? Isn’t that pure greed and heartlessness? The long-term incentive plan or bonus of Dimarucut is enough to pay the salaries of most of the terminated employees. Maybe top management should review the very high LTIP bonuses of the executives instead of firing the lowly employees.
The biggest fear of top management is if the 9,000-strong rank-and-file and supervisors‚ unions band together and go on strike. This will leave a skeleton force of less than 500 executives and officers to run the company. With this move of Dimarucut, both union heads have reportedly started talking about joining forces. Dimarucut may have just started the downfall of the biggest company in the Philippines.
Dimarucut reports to Annabelle Chua, the treasurer of PLDT and Chris Young, the chief financial advisor. The employees are looking to Chua and Young to intercede and do what is right unless the order came from them.
source: Phil. Star news (PLDT)
posted by Flor at 4:12 AM
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