Henry Sy believes in Philippines

[Rance]

During our school research before we interviewed several sales people who worked in a department store before we found out that 9 out of 10 in SM Cebu (random) are contract workers I'm not sure if this is still the common value to date.. it shows that most of them are not included in the forecast for the employment rate for a short duration like 6-months contract because most of them cannot be guaranteed to renew the same job after the 6-month period.

[giddyboy]

During our school research before we interviewed several sales people who worked in a department store before we found out that 9 out of 10 in SM Cebu (random) are contract workers I'm not sure if this is still the common value to date.. it shows that most of them are not included in the forecast for the employment rate for a short duration like 6-months contract because most of them cannot be guaranteed to renew the same job after the 6-month period.

in another note,

"According to a 2003 position paper of the union Samahang Manggagawa ng Shoemart (SMS), SM employs 20,000 contract workers and only 4,000 regular employees. These contract workers (called “trainees” by SM management) are dismissed every three months and replaced by new workers to avoid being regularized and avoid paying benefits and allowances.

Maintaining a workforce composed mainly of contract workers also prevents unionization from gaining a strong foothold in SM, since contract workers are prohibited under the law from joining unions. This practice is not limited to SM but is prevalent in other retail establishments as well."

---source: http://www.bulatlat.com/news/5-33/5-33-jobless.htm

[johnny22aa]

in another note,

"According to a 2003 position paper of the union Samahang Manggagawa ng Shoemart (SMS), SM employs 20,000 contract workers and only 4,000 regular employees. These contract workers (called “trainees” by SM management) are dismissed every three months and replaced by new workers to avoid being regularized and avoid paying benefits and allowances.

Maintaining a workforce composed mainly of contract workers also prevents unionization from gaining a strong foothold in SM, since contract workers are prohibited under the law from joining unions. This practice is not limited to SM but is prevalent in other retail establishments as well."

---source: http://www.bulatlat.com/news/5-33/5-33-jobless.htm

in my opinion bro, hiring contractuals could be a long-term investment pud. if wa pa ni ilang systema nga contractualization sa ilang employees, SM would not be as big as now, and would not employ more peole like what they do now.

[Rance]

That's an ethical dilemma for the businessmen as well as for the workers... a good business case for business studies.

[gerard]

contractual dont like it... louy ang mga laborers
ang madato lang ang agency..
mau na na bisag unsaun pa ni herera
pag lansar d na kadaug kay cya man author
ana contructualization...

[dada]

aMen

[pido]

Henry Sy..you're the Man..

[vipichigo]

if it weren't for contractual jobs, there would be a lot of jobless people these days

[carmie]

I am amazed of Henry Sy's passion, devotion to be excellent. Hope there would still be lot of opportunities for us to think like Henry Sy

[Minty]

He should believe in the Philiipines, thats where he made his billions!
Corruption is a way of life in the Philippines. Do you really think that Sy have never committed any form of corruption in conducting his business?
Come on! Be realistic! Everything comes with a price out there.
Pila kaha ka tawo/agency/politicians and kinahanglan bayaran ana nya ug lagay to make his business go forward.