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This lack of training and skills and incompetence may be due to poor education. [15] On the other hand, there is the job and skill mismatch. Even with the high unemployment rate, there are jobs that are not filled because there are no applicants who have the right qualifications. [26] From this job mismatch problem also arises the educated ...
A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...
Article 99 of the Labor Code of the Philippines stipulates that an employer may go over but never below minimum wage. Paying below the minimum wage is illegal. [10] The Regional Tripartite Wages and Productivity Boards is the body that sets the amount for the minimum wage. In the Philippines, the minimum wage of a worker depends on where he works.
CNN Philippines is to close down on Wednesday, the company announced on Monday local time. The move means up to 300 jobs will be lost. CNN Philippines was launched in 2015 under a brand licensing ...
Endo (derived from "end-of-contract") [1] refers to a short-term de facto employment practice in the Philippines.It is a form of contractualization which involves companies giving workers temporary "employment" that lasts for less than six months (or strictly speaking, 180 calendar days) and then terminating their employment just short of being regularized in order to skirt on the costs which ...
According to IBON Foundation, self-rated poverty rises due to the lack of good job opportunities, low wages, and high cost of living exacerbated by inflation. [ 35 ] Despite fast increases on employment opportunities beginning in the 1990s, unemployment rate remains high in the Philippines due to overpopulation and the increased participation ...
The extent to which employees at companies embrace these new bots and use them in their day-to-day jobs remains an open question—human habits and longstanding job routines are slow to change.
The alliance between two of the Philippines' most influential families that swept Marcos and Duterte's daughter, Sara, into power in 2022, was always expected to collapse, but analysts are ...