Labor and Employment Secretary Rosalinda Dimapilis-Baldoz yesterday commended the TV5 management and union officers for their successful marathon negotiation session at the National Conciliation and Mediation Board (NCBM) in Intramuros, Manila.

 

The negotiation was capped by the signing of a Memorandum of Agreement that provides a conciliation and mediation support to the parties as they hammered out a win/win solution to their labor dispute.

 

Senior officials of the NCMB were on hand throughout the negotiation until the MoA signing on 28 April.

 

In a press statement, TV5 said the collective bargaining negotiations deadlocked in February of this year.

 

Despite challenging financial conditions for the company, which continue to persist, TV5 gave a fair and decent Collective Bargaining Agreement economic package that tried to strike a balance between achieving increases in employee salaries, and ensuring the Company’s viability, the press statement said.

 

“We are deeply heartened by the Union’s response to our call for unity in our ranks in these trying times. Moreover, we are grateful for the dedication of TV5 management panel in resolving this issue, and the cooperation shown by our workers and their families to support us in our mutual goal to ensure the viability and efficiency of the Kapatid Network,” says TV5 President and CEO Emmanuel C. Lorenzana.

 

The agreement grants wage increases of Php1,000/Php1,500/Php1,500, respectively, for each year through 2017, with a commitment to discuss performance-based wage increases for the 2018 and 2019 CBA years; a new Educational Loan Assistance benefit of Php5,000, for 2016 and 2017; space for a new Union satellite office at TV5’s Reliance facility; and increases in the rice subsidy and union leave benefits.

 

The agreement also involves condonation of offenses involving tardiness by covered employees as of 27 April 2016. There will be also a cleansing of minor offenses from the records of covered employees after six months, while major offenses shall be cleaned off the record of covered employees after 12 months, reckoned from the date that the penalty was served.

 

A grievance machinery will be also established, as well as a one-time educational loan assistance in the amount of P5,000 for 2016 and P5,000 for 2017 in the form an interest-free loan payable in one year for the education of covered employees’ dependents.

 

The duration of the agreement shall be for three years, or from 1 November 2015 until 31 October 2018

 

Labor and Employment Secretary Rosalinda Dimapilis-Baldoz commended TV5’s union and management for their steadfast commitment to come up with a mutually beneficial agreement that will both preserve the best interest of the employees and the company.

 

“It is very fitting that the signing of agreement comes at a time when we are celebrating Labor Day. I also commend the NCMB, headed by Executive Director Shirley M. Pascual, for assisting the TV5 union and management in coming up with viable Collective Bargaining Agreement,” Baldoz said.

 

The signatories for TV5 were Noel Lorenzana, Anna Bengzon, and the members of the Management Negotiating Panel comprised of Atty. Christine C. Ona, Raul Dela Cruz, Pierre S. Buhay, Cesar Inumerable, and Luvie de los Reyes.

The signatories for ABCEU were Vladimir Martin, and the Union Negotiating Panel comprised of Marvin Camacho, Fischerbob Casaje, Medel Gotel, and Russel Galima.

 

Also present during the signing ceremony were Undersecretary Rebecca C. Chato, NCMB Deputy Executive Director Maria Teresita Cancio, NCMB Director Jay Jasper Javines, and NCMB Director Teresita Audea

TV5 (formerly known as ABC 5) is a major Filipino commercial multi-channel and multi-platform network with offices in Taguig, Mandaluyong and Quezon City. It is owned and operated by the ABC Development Corporation, solely owned by MediaQuest Holdings, Inc., a subsidiary of the Philippine Long Distance Telephone Company headed by Manuel V. Pangilinan.

 

TV5 positions itself as “a transformative media services conglomerate that maximizes its assets for various communication products and efforts.”

 

END/GSR

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