Thursday, August 15, 2019

ATM fees, other charges must be cheaper under the regime of automation – labor group


The workers’ group Partido Manggagawa (PM) won’t let the bad idea of higher ATM fees die down despite assurances made by the Bangko Sentral ng Pilipinas (BSP) and the Department of Trade and Industry (DTI) that they will oppose the banks’ plan to increase their ATM charges.

“Truth must be revealed by the banks on this issue: That the more the system is becoming smart and efficient, which is what automation achieves, the more the services become widely available and cheaper, if not free. The banks’ plan to impose higher fees on ATM transactions and other charges simply violates the economics of automation,” asserted PM Chair Rene Magtubo.

The group argues that under the regime of Industry 4.0 or automation, robots, artificial intelligence (AI) and other smart machines displace humans in the workplace to achieve more economy and productivity. In the case of banks, human tellers were replaced by ATMs and AI, thus, labor costs were saved. 

“So where has the economics of automation gone under this scenario? Truth is, after human tellers were robbed of their jobs, these banks were planning to rob their depositors more to depreciate the robots and to compensate their CEOs. This is corporate greed, plain and simple,” lamented Magtubo.

The planned hike will affect approximately 6 to 8 per cent of minimum wage in NCR and Calabarzon areas, according to PM.

The groups argues further that much of these ATMs must have already been depreciated over time since it was utilized by the banking system and therefore the cost of capital recovery must be very minimal at this point in time.  Other than cost of capex, operations and maintenance the group said, the planned hike is for greed if not outright highway robbery.

15 August 2019

Tuesday, August 13, 2019

Labor group slams ATM fee hike

 Image result for atm image



The labor group Partido Manggagawa (PM) declared its opposition to the planned increase in ATM fees. “Charging P15 per withdrawal is already burdensome. Doubling the fee would be onerous on workers receiving their wages through payroll ATM accounts,” stated Rene Magtubo, PM national chair.

He explained that “P15 is almost 3% of the daily minimum wage in NCR. Worse it is around 4% of the daily of a minimum wage earner in the Cavite economic zone. Doubling the ATM fee would mean banks taking 6 to 8% of the minimum wage of workers per withdrawal. This is highway robbery.”

The group called on the Bangko Sentral ng Pilipinas to use its regulatory power to freeze once more any ATM fee hikes. PM also supported the congressional inquiry on the issue.

“We call on the bankers to moderate their greed. Unlike workers’ wages, banks’ profits are higher by 26% compared to last year,” Magtubo opined.

He reminded the banks that workers are forced to withdraw from ATM’s since salaries are now commonly received through payroll accounts. “It is no fault of the workers that they have to transact through ATM’s. And of course, the most convenient way is to access your account is from the nearest ATM which is not necessarily one from their payroll bank. Workers would not want to waste time and fare by going to their own bank’s ATM if is one or several rides away.”

August 13, 2019

Monday, July 29, 2019

Black Monday protest by workers vs Duterte veto of SOT bill


Litrato ni Partido Manggagawa.

Workers are launching protests today in Manila and Cebu in response to President Rodrigo Duterte’s veto of the Security of Tenure bill last Friday, on the eve of its lapse into law. The noise barrage today is also the start of labor’s renewed campaign for a strong law to strictly regulate the rampant practice of contractualization.

“The Security of Tenure bill is the latest victim of killing under the Duterte regime. Workers vow to continue the fight to end endo,” declared Wilson Fortaleza, spokesperson of Partido Manggagawa (PM).

PM and other labor groups such as Sentro ng Progresibo at Nagkakaisang Manggagawa (SENTRO) and Alliance of General Unions, Institutions and Labor Associations (AGUILA) will launch this afternoon a noise barrage dubbed “Black Monday Protest.” In Metro Manila, the protest is at 5:00 pm at the Boy Scout Circle. While in Metro Cebu, the noise barrage is also at 5:00 pm at Gate 1 of the Mactan Economic Zone in Lapu-Lapu City. Protesters will wear black to symbolize the death of the SOT bill.

The groups also preparing to lobby the new Congress for a new and stronger version of the Security of Tenure bill. “Workers want a law that will ensure regular jobs is the norm in employment relations. We do not accept Duterte’s excuse that employers can outsource jobs even if it is directly related and necessary to its business. That simply opens the floodgates to the abusive system of contractualization that is happening today,” Fortaleza argued.

“Workers will not forget this betrayal by Duterte of his promise to end endo. Three months into his administration, Duterte forcefully warned employers that he will kill them for continuing with the practice of endo. But now three years into his term, he is parroting the lame capitalist alibi that businesses will die if workers are made regular. Duterte’s promise to end endo is dead,” Fortaleza asserted.

He added that “In the class war between the workers and capitalists on contractualization, Duterte has revealed that he is an enemy of the working class and the CEO of the capitalist class.”

July 29, 2019

Sunday, July 28, 2019

Black Monday protest today vs Duterte veto of SOT bill

Media Advisory
July 29, 2019
Partido Manggagawa
Contact Wilson Fortaleza @ 09452182693 

Black Monday protest vs Duterte veto of SOT bill

What: Noise barrage vs veto of security of tenure bill

When: Today, July 29, 5:00 pm

Where: Boy Scout Circle, Quezon Circle

Details:

Members of labor groups such as PM, Sentro ng Progresibo at Nagkakaisang Manggagawa (SENTRO) and Alliance of General Unions, Institutions and Labor Associations (AGUILA) will lead the Black Monday protest in Metro Manila. Protesters will wear black to symbolize the death of the SOT bill. The parallel activity in Metro Cebu will be at Gate 1 of the Mactan Economiz Zone, Lapu-Lapu City at the same time.

Saturday, July 27, 2019

Workers to hold protests & lobby for a stronger law vs endo

LABOR PROTEST. Trade union workers belonging to the Nagkaisa Coalition hold a protest in Mendiola, Manila on Labor Day, May 1, 2019, calling for an end to contractualization. Photo by Angie de Silva/Rappler
Photo from Rappler



In the face of President Rodrigo Duterte’s veto of the Security of Tenure bill, workers will hold initial protests on Monday in Manila and Cebu. “The Security of Tenure bill is the latest victim of killing under the Duterte regime. Workers vow to continue the fight to end endo,” declared Wilson Fortaleza, spokesperson of Partido Manggagawa (PM).

PM and other labor groups such as Sentro will launch a noise barrage dubbed “Black Monday Protest” on July 29. In Metro Manila, the protest is at 5:00 pm at the Boy Scout Circle. While in Metro Cebu, the noise barrage is also at 5:00 pm at Gate 1 of the Mactan Economic Zone in Lapu-Lapu City.

The groups also preparing to lobby the new Congress for a new and stronger version of the Security of Tenure bill. “Workers want a law that will ensure regular jobs is the norm in employment relations. We do not accept the excuse that employers can outsource jobs even if it is directly related and necessary to its business. That simply opens the floodgates to the abusive system of contractualization that is happening today,” Fortaleza argued.

“Workers will not forget this betrayal by Duterte of his promise to end endo. Three months into his administration, Duterte forcefully warned employers that he will kill them for continuing with the practice of endo. But now three years into his term, he is parroting the lame capitalist alibi that businesses will die if workers are made regular. Duterte’s promise to end endo is dead,” Fortaleza asserted.

He added that “In the class war between the workers and capitalists on contractualization, Duterte has revealed that he is an enemy of the working class and the CEO of the capitalist class.” 

July 27, 2019