Labor Dispute at Eurotiles Industrial Corporation Settled

 

            In a report to DOLE Secretary Patricia A. Sto Tomas, National Conciliation and Mediation Board Executive Director Hans Leo J. Cacdac said that the labor dispute between the management and union of Eurotiles Industrial Corporation was amicably settled after a month-long series of conciliation conferences.

 

            Notwithstanding the assumption order issued on September 1, 2005, the parties opted to maximize the conciliation-mediation services of the Board, which culminated in the execution of an agreement on September 2, 2005.

 

            Director Cacdac said that the agreement provided for a total CBA package of P20 million benefiting some 500 members of the bargaining unit.  Salient points of the agreement include, among others, the wage increase amounting to P14 million for the last 2 years of the CBA, a rice subsidy of 3 sacks of rice per employee per year, signing bonus of P1,500 per employee and a Christmas gift amounting to P1,025,000 for the 2- year period of the CBA.

           

            A scholarship grant to deserving student-dependents of the Eurotiles rank-and-file employees effective next school opening was incorporated under the new CBA together with the availment of a motorcycle loan. 

 

            The settlement of the labor dispute was made possible by the team up conciliation efforts of Conciliator Mediators Noli S. Diega and Paciano L. Murro Jr.