ECOP concerned over growing underground economy

  • Page Views 1159
  • 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 July 2021
      7 days ago No comment

      Lolit Solis hints at Kris Aquino’s possible run in 2022

      Will Kris Aquino run in the national elections in 2022? This was the question of veteran entertainment journalist Lolit Solis who promised to vote for Kris should she decide to run in the national elections next year. But Lolit advised Kris not to run for mayor in Quezon City ...

    • 22 July 2021
      7 days ago No comment

      Philippines administers 15.6 million COVID-19 shots

      The Philippines has administered 15.6 million doses against the COVID-19 virus. Harry Roque, spokesperson of President Rodrigo Duterte, shared this number in a media briefing Wednesday (July 21). Of the 15.6 million does administered by the government, Roque said 10,585,261 million persons got their first dose. As well, 5,031,301 ...

    • 17 July 2021
      2 weeks ago No comment

      First Nations peoples condemn tweet on Church burnings

      At a press conference in Vancouver, Pentecostal assistant minister Jenn Allan-Riley, a 60s scoop survivor whose mother attended residential school, called for the wave of church arsons to stop. She adds that “Burning down churches is not in solidarity with us Indigenous people. As I said, we do not ...

    • 17 July 2021
      2 weeks ago No comment

      Paki-Ayos: A New Service for Filipinos in Canada

      Paki-Ayos Services Inc. will do errands for you in the Philippines Do you need something done in the Philippines, but air fare, accommodations, and pasalubong cost too much for you to go back home? A new service, Paki-Ayos, is here to help. Forget about going on a very expensive ...

    • 15 July 2021
      2 weeks ago No comment

      COVID-19: More than 50 percent of eligible Canadians fully vaccinated

      CTV News has reported that more than 50 percent of Canadians who are eligible to receive a COVID-19 shot have now been fully vaccinated against the novel coronavirus. The news agency reported Tuesday (July 13) that based on its tracking, 50.06 percent of Canadians of ages 12 and up ...

    %d bloggers like this: