The 115 workers at the Manila plant of San Miguel Yamamura Packaging Corporation, will, as per an agreement signed recently by company management and the labour union, receive a total package of PHP 1…
The 115 workers at the Manila plant of San Miguel Yamamura Packaging Corporation, will, as per an agreement signed recently by company management and the labour union, receive a total package of PHP 19.9 million or PHP 173,000 each. Under the new collective bargaining agreement, set up on 17 September to avert a strike, Manila Glass employees are entitled to salary increase of PHP 1,200 per month on the first year effective 1 July 2010; PHP 1,000/month on the second year effective 1 July 2011; and PHP 1,250 a month on the third year effective 1 July 2012. The workers will also receive a lump sum of PHP 62,500 to be granted by the company to each covered employee.