ECOP concerned over growing underground economy

  • Page Views 193
  • Employers called on the need to stem the growth of the underground economy as small businesses that join the formal sector would not only provide protection for their workers but would also encourage job generation.

    “Employers must develop a modus vivendi to avert the growing informality of business and encourage the growth of entrepreneurs in the MSME (micro, small and medium enterprises) sector,” said the draft resolutions of the Employers Confederation of the Philippines (ECOP).

    The final version of the resolutions will mark the conclusion today of the two-day 40th National Conference of Employers at the Marriott Hotel.

    Statistics on the number of workers in the informal sector vary. But according to a study of the International Labor Organization, workers in the informal sector stood at 22.71 million in 2017, even higher than the 17.62 million employed in the sector.

    But of that number, more than half are self-employed, 3,8 million are unpaid family workers and 6.5 million work in precarious employment.

    It is those 6.5 million workers who are a cause of concern. As defined precarious employment is, non-standard employment where pay is poor and workers are mostly unprotected.

    ECOP said as the business environment evolves because of economic, technological and geo-political developments, “employers… must collaborate with all social partners in developing more balanced policies that will ensure the security of tenure of workers, and at the same time ensure business sustainability through the adoption of more flexible work arrangements.”

    The group also said creative strategies like massive up-skilling and re-skilling and industry-academe collaboration should be adopted to “develop a truly competitive and highly-skilled Filipino workforce” that would mitigate threats of job losses and skills obsolescence due to these changes.

    ECOP urged the government to adhere to genuine sectoral representation as provided for in Republic Act No. 10395 or the “Act Strengthening Tripartism, Amending for the Purpose Article 275 of the Labor Code of the Philippines which it said should be upheld “in all levels of decision and policy making.”

    At the same time ECOP urged employers to trengthen bipartism as an added modality of social dialogue both at the enterprise and national levels in the pursuit of industrial peace and harmonious labor-management relations.(Malaya)

    Share

    New Posts Recently publish post More

    • 22 June 2019
      3 days ago No comment

      Pacquiao impresses Roach in 8-round sparring session

      LOS ANGELES, California: “Good, very good. I’m impressed!” This was how Manny Pacquiao’s chief trainer, former chief trainer-turned consultant Freddie Roach described his ex-ward’s performance in an eight-round sparring session on Tuesday at the Wild Card Boxing Gym here. Roach added, though, Pacquiao, who is in deep preparation for ...

    • 22 June 2019
      3 days ago No comment

      Phil Consulate Holds Food and Travel Fair

      The Philippine Consulate General, headed by Consul General Andrelita Austria, held the Proudly Philippines Food and Travel Fair at Robson Square in Downtown Vancouver. Using this year’s Independence Day 2019 theme “Tapang ng Bayan, Malasakit ng Mamamayan” (Courage of the Country, Compassion of the Citizenry), the fair was attended ...

    • 22 June 2019
      3 days ago No comment

      Canada caring for caregivers – Launching 2 new pilots: Home Child Care Provider and Home Support Worker

      Toronto – Canada is caring for its caregivers by launching 2 new pilots that will help caregivers who come to this country make it their permanent home. The Home Child Care Provider and Home Support Worker pilots will open for applications on June 18, 2019, replacing the expiring Caring ...

    • 22 June 2019
      3 days ago No comment

      TFC at the Movies screens multi-awarded LGBTQ film “Rainbow’s Sunset” for Pride Month

      DALY CITY, California – TFC at the Movies’ offering for the month of June, Rainbow’s Sunset, won big at the 52nd Worldfest-Houston International Film Festival in Texas, bagging the Special Jury Prize; the Gold Remi Award for Best Story Innovation for screenwriter Eric Ramos; and Best Actor for both ...

    • 22 June 2019
      3 days ago No comment

      Don’t call her Tita Cherie

      CHERIE Gil was presented as one of the judges in the seventh season of “Starstruck,” along with Heart Evangelista and Jose Manalo. The hosts on primetime are Dingdong Dantes and Jennylyn Mercado, and the show will start airing this Saturday and Sunday. Kyline Alcantara is the host on the ...

    %d bloggers like this: