Ipinagkakait ng kumpanya sa isang manggagawa ang … The management of successful companies are taking avenge of the working class to apply less labor to achieve high profit for themselves. - Софтуерни продукти и услуги за създаване на графици и отчитане на работното време, интеграция с програми за ТРЗ и пропускни системи LITERATURE REVIEW Contractualization has adverse impacts on different aspects of workers such as psychological effect and levels of productivity. My major concern of protecting the environment as a Corporate social responsibility of the company is compromised by the new shareholders who are capitalizing on maximizing profits. Business processes may be disrupted There’s no denying that contractualization is a means for companies to get people when they need it — and to dispose of them when they see fit. Come browse our large digital warehouse of free sample essays. 1 0 obj Under the law, workers are given a period of six months which is a probationary period. As differentiated from a regular employee, a contractual worker serves a particular company for a limited period that is anchored on a project (project-based) or … The proof on this, is in the consistency, which proves that there is a working business formula for the BCX operations. My major concern of protecting the environment as a Corporate social responsibility of the company is compromised by the new shareholders who are capitalizing on maximizing profits. “Endo” is an abusive or corrupted use of the law. Earnings / Share But with strikes erupting left and right, it seems that “endo” won’t be ending anytime soon. 3 do not pay workers fair wages and legally mandated benefits. And according to Bello, they are on track with their objective of eliminating contractualization practices and 'endo' by 50% by the end of 2016, and abolishing it by 2017. 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But what happens most of the time is that the company will fire the employees after five months. Whoever emerges the winner in the presidential race may have to take the issue seriously, even if putting an end to contractualization—or its worst manifestations—may tarnish rosy employment statistics or court the ire of big businesses and even lead to the closure of smaller enterprises. How many sentences is a 5 paragraph essay. Raising the minimum wage would have a negative impact on the quality, Labor unions are monopolies that can cause companies to have setbacks or losses, they cause an increase in unemployment and, finally, cause major disturbances in the workplace through strikes. The termination of “endo” (end of contract) as a campaign promise of incoming president Rodrigo Duterte will create various repercussions to the … This refers to the practice of large companies of hiring their workers for just five months before they get terminated (hence the term “endo” or “end of contract”). READ PAPER. 2 0 obj I will not allow that.” Senator Grace Poe: “Ang EndO (end-of-contract) system ay hindi makatarungan. In the private sector, the law mandates Endo Contractualization Essay to regularize employees that have rendered at least 6 months of service. 1826, a bill that aims to end illegal contractualization on May 22.All 15 senators of the 17th Congress agreed to pass the amendment of the existing Labor Code and its provisions on the protection of employees from illegal job contractors practicing contractualization, also known as “end of contract.” The upper management are under paying and asking their employees to work extra hours with not paying them for those hours. The earnings per share is the portion of a company’s profit allocated to each outstanding share of common stock. Contractualization in the labor sector is one of the topics raised during the third and final presidential debate last April 24. In this study, the effects of contractualization to workers and company will be analayzed and further reviewed. The brutal dispersal of protesting workers recently in a Bulacan condiments factory proves it. <>>> Total Asset Turnover The process of employee retention will benefit an organization in the following ways: Jollibee workers shave their head in protest to their dismissal, June 26 in front of the company’s warehouse in Paranaque. Abstract This means that if a worker meets the standard of … Keywords: globalization, contractualization, end of contract, employee, exploitation ILLEGALIZATION OF END OF CONTRACT 3 Illegalization of Endo for the Welfare of Filipinos Melchie A. Alcarde and Shakira Isabel A. Artuz End of contract which is commonly known as Endo or 5-5-5 started when globalization was introduced to the Philippine economy wherein there was an expansion in the market. That's the only way. 4 0 obj With labor unions acting as a monopoly, they, However, this behaviour, as Marx believed based on Chris Hedges’ article, would cause capitalism to eventually exhaust its potential and collapse. Contractualizaton or End of Contract (ENDO) Contractualization is a process of hiring a worker for not more than five months. Contractualizaton or End of Contract (ENDO) Contractualization is a process of hiring a worker for not more than five months. The groups said that the statement of Senior […] Designed for clients who is considering to outsource of their entire field sales function. Under the law, workers are given a period of six months which is a probationary period. This does not sit well with investors as it increases the risk of losing their investment. Like anything else, there are definitely advantages and disadvantages for becoming a short-term employee. Endo Contractualization Essay Comparative. (Photo by Adam Ang/Bulatlat) Every five months, they transfer companies, working minimum wage jobs like waiting tables and manning the cash register. 16 Full PDFs related to this paper. Small essay on water pollution narrative essay student sample trends networks and critical thinking in the 21st century meaning tribute essay in hindi computer hacking essay introduction, academic essay personal experience contractualization essay Endo. Thus, capitalists keep competing with one another instead of cooperating with each other to solve the problems arising from their. I����8�=�Y�b�Ƨq���pZ�d1� ij#}���K��d��BVAߠ�;$�幨K��-=U�f3.E�h{��3����m�f���Kn�T�B.�E�'�`ңY��R�E�q"3�a�xf�l��KQ�����-�l�;�A.ӳAZ�[*�Ǟ����L���i�ָ�fK����I��7�b ���#BKKO+�9���n���8��Ch�� Earnings per share are used to measure a company’s profitability. Due to financial constraints, the broiler farming business invites shareholders who take over 75% of the company shares. For instance, companies have to pay a lot of money to hire others instead of workers who have paid leave, so they may cut down on hiring or reduce working hours (“Pros and Cons”), and some studies show that some employees who apply for long paid leave do not return to the company (qtd. It also affects the stability of the company. Being a temp can be the perfect solution to career and/or personal needs, or temping may simply provide a way to pay the bills until a better job is found. �Y����(�M� With the stroke of his presidential veto of the security of tenure bill, Mr. Duterte shamelessly killed his pledge to abolish contractualization. TRUE, “endo” is an issue whose time has come—if it is not in fact long overdue. The earnings per share for Sappi have been very inconsistent over the last 5 years. Contractualization in the labor sector is one of the topics raised during the third and final presidential debate last April 24. “Endo” is short for “end of contract” wherein employers let go of workers before their sixth month of service. Essay on teacher school. This refers to the practice of large companies of hiring their workers for just five months before they get terminated (hence the term “endo” or “end of contract”). A SOCIAL REPRESENTATIONS STUDY OF CONTRACTUALIZATION. In Jade Castro's 2007 film Endo, he chronicles the lives of two contractual workers who find love while working for different establishments in the Philippines. In a press conference today in Manila, militant labor center, Kilusang Mayo Uno (KMU) – Metro Manila and Alyansa ng mga Manggagawa Laban sa Kontraktwalisasyon (ALMA Kontraktwal) issued an ‘endo’ or end of contract notice to President Rodrigo Roa Duterte over his government’s failure to end contractualization. Harry Truman. What is ENDO ENDO or end of the contract is the term used for contractualization of workers in the Philippines. View Essay - emploment contractualization.docx from FIN 101 at De La Salle University. By Joey Natividad CITY OF NAGA, Bicol Region (BicolToday.com) – "End contractualization, 'endo,'"- tough words hissing over giant companies' necks and threatening them permit 1826, a bill that aims to end illegal contractualization on May 22.All 15 senators of the 17th Congress agreed to pass the amendment of the existing Labor Code and its provisions on the protection of employees from illegal job contractors practicing contractualization, also known as “end of contract.” Case Contractualization Study. The labor sector is grossly disappointed, believing that the Chief Executive did not fulfill his “I will end all labor contractualization” campaign promise. A proposed “endo law” is aimed at fixing the Labor Code loopholes that allowed companies to take advantage of endo. in “Pros and Cons”), therefore, the deterioration of the company's profits can adversely affect the finances of workers and their families, however, paid leave protects family’s finances when people take care of their children. Bulatlat Contributors June 29, 2018 2 Comments BEEastmode campaign, Boycott Jollibe, Contractualization, Jollibee. According to research, the practice of hiring a worker as irregular is to avoid giving them the benefits they are legally mandated to receive, which allows capitalist to have a higher profit, hire more workers and contribute to the economic growth. Could the rich control on how inequality affect the American economy? Workers turn ‘Endo’ into demand to end contractualization Marya Salamat May 2, 2014 Contractualization , endo Intensifying contractualization and implementing the two-tier wage system are the two main schemes being availed by the government and employers today to … A SOCIAL REPRESENTATIONS STUDY OF CONTRACTUALIZATION. Partido ng Manggagawa stated that they were “dismayed” with the president’s executive order and that they’re in for another “waiting game.” Aside from the EO, Duterte also ordered the Congress to enact a law that will amend the current labor code. According to the groups, the series of the said weekly protest will culminate in a giant […] 2.2.1 On average BCX the asset turnover ratio for the 5 years, proves that BCX generally utilises its assets efficiently for revenue generation. Photo Essay: May Day Rallies Fill Streets Around The World ... As in the past years, workers mark Labor Day with calls for higher wages and an end to the so-called “Endo” or contractualization. — The road transportation increases year by year, but the rate Duramax Cv Axle Leaking of road crashes also increases with it. President Rodrigo Duterte should use his State of the Nation Address (SONA) set Monday to present concrete plans which ensure swift implementation of newly enacted laws as well as clear policy directions in terms of taxation, labor and foreign ownership to attract more investors, analysts and business group leaders said. With the stroke of his presidential veto of the security of tenure bill, Mr. Duterte shamelessly killed his pledge to abolish contractualization. MEMO AGAINST CONTRACTUALIZATION TO STOP THE "ENDO" RELEASED BY DOLE! Others believe that doing so would damage the economy and result in the loss of jobs. It is only legal as long as contractualization does not fall within the category of "labor only contracting," or a company only having contractual employees. The Cost of Turnover: The cost of employee turnover adds hundreds of thousands of dollars/rupees to a company's expenses. 1 No. With these being said, unemployment increases and so it contributes to the economic status. If we look at the recession of 2008, The United States increased its minimum wage by nearly 40% from $5.15 to $7.25. The Senate approved Senate Bill No. Endo refers to a short-term employment practice in the Philippines. Under … The 5-year strategic plan highlights the targets and how to reach them. Mostly contract employment is seen as a great opportunity and employees learn a lot on job but the temporary nature of it creates doubts in the mind of the employees. Abstract In the aftermath of the 2016 election, labor leaders and their political allies pushed for an immediate end to so-called employment “contractualization”, a policy proposal currently popular with voters and politicians. ENDO hindi ito makatarungan at nagbibigay ng agam-agam sa mga manggagawang kontraktwal. The paper shows the dilemma business persons face when they invite the public to buy shares in their hard-earned companies. “Endo, or contractualization.” Contractualization as we know it today evolved as a means of simplifying hiring arrangements for enterprises. This is our Moral Theology Documentary about Contractualization. This puts workers at a disadvantage as it diminishes their chances of being employed regularly. With these being said, unemployment increases and so it contributes to the economic status. CONTRACTUALIZATION, low wages, and denied labor rights are among the problems that continue to hound workers, labor groups said in a press conference on Friday, days ahead of President Rodrigo R. Duterte’s State of the Nation Address on Monday, July 23. Thea Elyssa Vega. Read this essay on Endo. Download. The 5-year strategic plan highlights the targets and how to reach them. 2.2.2 It is fitting to point out that the average BCX asset turnover is very low, but 2011 was one of the worst. This means that if a worker meets the standard of a certain company, they will be a regular employee. This means that establishments like hotels, malls, and restaurants can practice endo without repercussion as long as they have regularized employees. International Journal of Humanities and Social Science Vol. University Student Congress Passes “Anti-Endo” Bill on Third Reading. In an exclusive interview with the UNTV News and Rescue in Saudi Arabia, Secretary Silvestre Bello III said they are targeting to reduce the contractualization incidents by 50% by the end of this year and to totally remove it by 2017. Not only will this limit the number of recessions, it will cause them to occur at a substantially less damaging rate. endobj Members of militant labor center, Kilusang Mayo Uno (KMU) – Metro Manila and Alyansa ng mga Manggagawa Laban sa Kontraktwalisasyon (ALMA Kontraktwal) kicked off their weekly Black Friday Protest against contractualization today as they march to Mendiola in Manila. One of the ticklish issues in Duterte endobj endobj Download PDF. Some say that raising the minimum wage will lift people out of poverty and provide a higher standard of living for everyone. Get the knowledge you need in order to pass your classes and more. This labor struggle between ABS-CBN and its workers was even used by the Duterte administration to appear to be on the side of the workers against the network. For the purposes of this article, we are using the term contractualization or “endo” to mean work that is limited to 5-6 months contracts that do not provide statutory benefits and security of tenure. He said he considers the regularization of these employees as among his department's biggest accomplishments yet. Share. The mass of Filipino workers will look back and remember 2019 as the year President Duterte’s famous promise to end “endo” died ignominiously. What is meant, when taking the 2011 as the casing point, in the BCX business for every R1 spent, BCX makes back R1.70 cents. He stressed that “in order to implement an effective and lasting solution to the problems brought about by contractualization, Congress needs to enact a law amending the Labor Code.” Topics: Department of Labor and Employment , DOLE , illegal contractualization , Executive Secretary Salvador Medialdea , Labor Secretary Silvestre Bello III This paper. While, many Americans are facing unemployment; the rich are getting wealthier. stream MANILA — The Department of Labor and Employment (DOLE) assures to stop the ‘ENDO’ or the contractualization practice in the country. CONTRACTUALIZATION, low wages, and denied labor rights are among the problems that continue to hound workers, labor groups said in a press conference on Friday, days ahead of President Rodrigo R. Duterte’s State of the Nation Address on Monday, July 23. ‘endo’ (i.e., end of contract) or ‘555’, referring to workers who work on a contract of no longer than five months before he or she is fired and then rehired again for another five-month contract and so on. ADVERTISEMENT Ending endo became another victim of extrajudicial killing under […] <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Aside from this, people also refer to this employment practice as “endo” (end of contract), or “555,” which refers to a system where employers hire and fire probationary employees to avoid making them regular employees. 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