Saturday, January 27, 2018

Labor Dispute

When a dispute can’t be resolved inside the company, the employee will file a complaint to National Labor Relations Commission (NLRC). If the complaint is accepted, both you and the employee will be summoned to the arbiter’s office in NLRC.
In many cases, it will be settled amicably with the help of arbiter even though their major role is to protect employee. You’d better secure enough tangible proofs to present before the office and this is the reason why HR should produce a lot of documents.
However, if both parties can’t reach a consensus the employer/employee might bring it to the court. Nobody wants to be involved in this tedious, costly and time consuming legal case.

Notes: There is a valid period of a complaint.
For Unfair Labor Practice, file the case within one (1) year from the time the acts complained of were committed; 
For Money Claims, file the case within three (3) years from accrual of the cause of action; 
For Illegal Dismissal, file the case within four (4) years from the date of termination; and 

For Criminal Offenses penalized under the Labor Code, file the case within three (3) years from the commission thereof.

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MARKET ISSUES

[last partial update : 02/28/2018] Macro and Overseas (a) US interest rate : 1.25 ~ 1.5%, May increase 3 times in 2018 (b) US 10 yr bond...