ECOP Supplementary Position on the Service Incentive Leave

by | Sep 19, 2018 | Leave Benefits, Position Papers

POSITION PAPER OF THE EMPLOYERS CONFEDERATION OF THE PHILIPPINES (ECOP) ON HOUSE BILL NO. 6770 

An Act Increasing the Service Incentive Leave of Employees, Amending for the Purpose Article 95 of Presidential Decree no. 442, as amended, Otherwise known as the Labor Code of the Philippines

SALIENT FEATURES

  1. House Bill 6770, approved on third reading last 31 August 2018, is in substitution of House Bill No 5067, introduced by Rep. Mark O. Go.
  2. The Bill seeks to amend Art. 95. Right to service incentive leave of the Labor Code (amendments are in bold capital letters) as follows:

“Every employee who has rendered at least one (1) year of service shall be entitled to a yearly service incentive leave of TEN [five] days with pay.

“This provision shall not apply to those already enjoying the benefit herein provided; those enjoying vacation leave with pay of at least TEN [five] days; and those employed in establishments regularly employing less than ten employees or in establishments exempted from granting the benefit by the Secretary of Labor after considering the viability or financial conditions of the establishment.

“The grant of benefit in excess of that provided herein shall not be made a subject of arbitration or any court or administrative action.

 [embeddoc url=”https://ecop.org.ph/wp-content/uploads/2018/09/ECOP-Position-Paper-HB-6770-Senate.pdf” download=”all”]

Edgardo Lacson

Chairman of the Board

Edgardo G. Lacson is currently the Chairman of the Board of the Employers Confederation of the Philippines (ECOP), and Director of the Philippine Stock Exchange (PSE). He was formerly President and Honorary Chairman of the Philippine Chamber of Commerce and Industry (PCCI).  He was the President of ECOP from 2010 to 2016. Ed Lacson also serves as the President of various business firms, including MIS Maritime Corporation, Safe Seas Shipping Agency, Marine Industrial Supply Corporation, and EML Realty. He serves as Chairman of Metrostore Corporation, MIL Export Philippines, Beacon Environmental Management Services and Primelode, among others.

He is likewise Trustee of both the De La Salle Canlubang, Inc. and Philippine Petroleum Sea Transport Association (PHILPESTA), Managing Director of Link Edge, and a member of the Management Association of the Philippines (MAP), Philippine Interisland Shipping Association (PISA), and Makati Business Development Council (MBDC).

An alumnus of then De La Salle College and now De La Salle University where he earned his degree in Bachelor of Science in Commerce (BSC) Major in Accounting, Ed Lacson indeed through the years has expanded his horizons.

Edgardo Lacson serves as Honorary Chairman at PCCI. His previous business affiliations include the Philippine National Oil Company (PNOC), Marine Chemical Corporation, VLK Traders Philippines, Inc., and Esso Standard Eastern.