International beverage company Diageo on Tuesday said it would acquire premium Filipino rum brand Don Papa for an upfront consideration of €260 million (about P15.48 billion). Diageo said the deal could be worth an additional consideration of up to €177.5 million through to 2028 “subject to performance.” What’s notable about the deal: 1. The brand […]
CONFIDENCE COME FROM WITHIN It is ideal that we want a boss should motivate and empower us to do our best work. That we expect that a manager gently guide us with our job, talk to us in a calm voice and explain and just let us do our thing even if they haven’t worked […]
FINALLY! The SSS has released Circular No. 2021-014: Pandemic Relief and Restructuring Program 5 – Short-Term Member Loan Penalty Condonation Program just last October 29 with much abated breath. SSS_CI_2021-014 (1). Over the last few months, employees has been waiting for some sort of loan condonation/ restructuring/ forgiveness from the SSS in vain, especially when […]
I had an engraver who mistakenly added another “0” when engraving on an item. As a result, the product wrote 20021 instead of 2021. Obviously, we have to junk the item. It was engraved on a gold-plated metal so such mistake is not erasable. “What happened?” I asked. In Tagalog, “Anong nangyari?” The staff said […]
During times of financial hardships, many employer would find themselves victims of theft from the very people they trust. In May 2021, one of my sales staff was caught stealing Php 56,000 worth of cash and jewelry via reporting fake GCash transactions which turned out to be real cash transactions, with her pocketing the money. […]
HR Practitioners should be very conversant to the many DOLE Labor Advisories issued related to COVID-19. Regardless, it’s still a shock to me that many do not seem to read the DOLE Labor Advisories that are published for free in their website. Not only are such information widely available, but they are also timely updated, […]
Certificate of Employment (COE) — A simple document that has created so much ruckus in the HR community these days. Why oh why oh why? Technically, the COE is a very simple document. See DOLE Labor Advisory No. 6, Series of 2020 for the particulars: Verbatim to the advisory, a Certificate of Employment (COE) is a […]
It must be the rainy season but I’ve noticed a surprisingly uptick of people resigning from their jobs despite the pandemic. Chances are, people most likely resign because they’ve already received their 13th month pay and annual bonuses. Sometimes, it’s just to try something new. Even I had some loyal employees resign despite my best […]
A few days ago, I reported to Lazada that my purchase did not arrive. After the 6.6 sale, I made a couple of purchases and this was the only one that did not arrive. I checked the proof of delivery and it contained my signature, which was not what I signed. So I reported the […]
Did you know that SSS provides Funeral Benefits to its Members? One of the not-so-much-talked-about benefits is the Funeral Benefits provided by our Social Security System (SSS). From August 2015, deceased members can receive a Php 20,000 to Php 40,000 funeral benefit from the SSS, depending on how their Average Monthly Salary Credit (AMSC), which […]
Why Is It Really Harder to Find a Job in the Philippines this 2021? There are a lot of fresh graduates that came out of college and high school this year who are now out to seek for a job to jumpstart their “careers.” Unfortunately, with COVID-19 already inside our gates and the almost month […]