27/04/2020
We started the payroll today.
We have seen many requests regarding the gift cards. Gift card is a form of bonus given to employees when Philstar is in a good shape; when we have enough stable orders, and when our productivity is high enough to be financially healthy. As we all know, the current situation is not particularly good for the company either. Enhanced Community Quarantine (ECQ) prohibited any kind of practical production for two months and possibly even longer. This alone reduces this year’s estimated turnout by 17%. In addition, we are seeing unprecedented slow down of global economy. This could lead to reduction in demand for our products. This will further affect Philstar. No company in this situation can be certain about its survivability. We are not in any better situation as nothing is clear now. While the management is trying best to keep the company and our jobs past the coronavirus pandemic, it certainly is not a time for any bonuses.
We do, however, also see the difficult situation of our employees. We also know that our employees must survive this immediate situation first so that we will have enough people who can work hard to save our workplace afterwards. We have decided to give small assistance to the employees as following.
- Regular Employees: Php 2,000.00
- Non-regular Employees: Php 1,000.00
Current situation is not something the company can work out alone; it must be a coordinated effort between the individuals, the community, the government, and maybe even international organizations. We are trying to do our share. We hope this will help our employees get through this situation.
Employees with ATM accounts will receive their assistance by tomorrow, April 28. Those without ATM may pick up on Wednesday, April 29. Any remittance will be done on Wednesday, April 29 as well. Please make the request to HR, through supervisors, or through Facebook comments until tomorrow, April 28. We have information from General Trias that they do not allow any people walking to pass through. In compliance, PEZA also does not seem to allow anyone walking to pass through the Bacao gate. Bicycles and motorcycles are allowed. We do not have any information about the main gate or the city of Rosario. If unsure, please request for a remittance this time. Again, we will do remittances through Palawan Express only.