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TOPIC: ATM anyone?

ATM anyone? 5 years, 10 months ago #335

  • 0verlord
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I can't say anything... I guess it is already express, no interpretations needed.

Under what conditions may an employer pay his employees’ wages through a bank?

Section 7 of Republic Act No. 6727* provides:

“Upon written permission of the majority of the employees or workers concerned, all private establishments, companies, businesses, and other entities with twenty five (25) or more employees and located within one (1) kilometer radius to a commercial, savings or rural bank shall pay the wages and other benefits of their employees through any of said banks and within the period of payment of wages fixed by Presidential Decree No. 442, as amended, otherwise known as the Labor Code of the Philippines.”

*[REPUBLIC ACT NO. 6727]
AN ACT TO RATIONALIZE WAGE POLICY DETERMINATION BY ESTABLISHING THE MECHANISM AND PROPER STANDARDS THEREFOR, AMENDING FOR THE PURPOSE ARTICLE 99 OF, AND INCORPORATING ARTICLES 120, 121, 122, 123, 124, 126 AND 127 INTO, PRESIDENTIAL DECREE NO. 442, AS AMENDED, OTHERWISE KNOWN AS THE LABOR CODE OF THE PHILIPPINES, FIXING NEW WAGE RATES, PROVIDING WAGE INCENTIVES FOR INDUSTRIAL DISPERSAL TO THE COUNTRYSIDE, AND FOR OTHER PURPOSES

Re: ATM anyone? 5 years, 10 months ago #337

  • hateme
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well said...

Re: ATM anyone? 5 years, 10 months ago #339

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nice find. so what's the penalty for this? maybe you can sue them >

Re: ATM anyone? 5 years, 10 months ago #348

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Good stuff, and yesterday we were told this was non-negotiable! Well f#*k them. At least tell all the facts before trying make these kind of changes.
I'm so amazingly clever that I often have to give up trying to understand what I'm saying.

Re: ATM anyone? 5 years, 10 months ago #450

  • jaime
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i think the admin must study english for 6 months(at least!!)the law concerning the ATM is very elementary!!!!
they cant just shove things down our throat without hearing a single groan!!!!!
if they like the atm concept,then do it amongst themselves!!!!and dont bother us with ours!!!!

Re: ATM anyone? 5 years, 10 months ago #453

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>

Re: ATM anyone? 5 years, 10 months ago #464

  • chuckie
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right....i also don't know if it says anywhere that they are REQUIRED to pay you in cash tho. so they give you a choice, pay you by paycheck, or pay by atm. i bet they could get a majority to vote in favor of the atm if they made the other choices completely legal yet undesirable.

....just another perspective....

Re: ATM anyone? 5 years, 10 months ago #758

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right....i also don't know if it says anywhere that they are REQUIRED to pay you in cash tho. so they give you a choice, pay you by paycheck, or pay by atm. i bet they could get a majority to vote in favor of the atm if they made the other choices completely legal yet undesirable.

....just another perspective....


They are required to pay in cash. All wages should be paid in cash, or at least legal tender. I'm not pretty versed with the citation but I'm 100% sure on this one.

Re: ATM anyone? 5 years, 10 months ago #796

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That's my money!!!
Today is yesterday tomorrow.

Re: ATM anyone? 5 years, 9 months ago #10016

By all means, the money paid by the employer is exclusively within the ambit of the employees' prerogatives. I believe that you guys have to pay an equal amount to suffice the maintaining balance of the ATM. Well, if the administration is willing to pay the maintaining account of the ATM then why not? If you still have to pay the ATM's maintaining balance under your own money, then, that will be a different question. Nobody can actually tell you where to place your money because basically its YOUR money. If the use of the ATM is beneficial to the employer then they should shoulder the added consequences for this.

Re: ATM anyone? 5 years, 9 months ago #11235

  • smallboy
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read the bible

Revelation 13:18
"Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six"


Futurist Christian eschatology typically holds that the Mark of the Beast is one way in which the Antichrist will exercise power over the Earth during the period of Tribulation. Exact interpretations of this vary widely. For example:

1.Keith Krell interprets the mark as a requirement for all commerce to mean that the mark might actually be an object with the function of a credit card or an ATM card
2.Steven D. Miller proposes that the mark of the beast may refer to a social security number or card.
3.Terry Watkins supposes the mark to be a microchip in or barcode on the human body.

ATM is satan work i won't damn my soul!!!!!!!!!!!!!!!! > > > > > :angel: :angel:

Re: ATM anyone? 5 years, 9 months ago #11698

Nicely said small boy. I guess you have that taste for the "other world" revelations hehehehe. But, yes, I have heard of such things and I guess I have to make my reservations when it comes to making the logical sense out of this revelations by psychics and so whatevers. But in this case I'll put a line that will cast out my doubt in this revelation- anything that is not beneficial to someone is practically not good right? Having an ATM is good if you approved of it. If you did not approve of it that means that you dont like it. If you dont like it it means that it is not good for you. If it is not good for you it is bad and so it is evil hehehehehhe. But what the heck, the ATM is there to stnad anyway

Re: ATM anyone? 5 years, 9 months ago #13931

After all that's said...there's nothing much we can do....so just get your asses to SM and get that damn card!!!  Hahaha, who knows, we could negotiate with your favorite dogmeat hiway hangout to accept card instead of cash payments...parang grocery, paki-swipe na lang po yong bill....nyahahaha.
We are who we are because we choose to be so.  Anything worthwhile in this world requires nothing but focus and passion....I guess I got both of those....

Re: ATM anyone? 5 years, 9 months ago #15560

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its a good point...  but beggars are not choosers, are they?

c'mon imprint this on a banner, and we all end up on the pavement...

everywhere and  elsewhere all over the world, labor unrest still remains unrested... but where had all they gone?  in memory?  in the newspaper?  on tv? then what? everything was left carved on air and written on water...

this is one helluva capitalist's world... we work to live and not to build utopian dreampipes...

i say, we become realistic and practical than digging our own law books done by the so-called lawmakers who are lawbreakers themselves...

with echoes of deliverance....

Re: ATM anyone? 5 years, 9 months ago #15571

  • meancreek
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read the bible

Revelation 13:18
"Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six"


Futurist Christian eschatology typically holds that the Mark of the Beast is one way in which the Antichrist will exercise power over the Earth during the period of Tribulation. Exact interpretations of this vary widely. For example:

1.Keith Krell interprets the mark as a requirement for all commerce to mean that the mark might actually be an object with the function of a credit card or an ATM card
2.Steven D. Miller proposes that the mark of the beast may refer to a social security number or card.
3.Terry Watkins supposes the mark to be a microchip in or barcode on the human body.

ATM is satan work i won't damn my soul!!!!!!!!!!!!!!!! > > > > > :angel: :angel:




"indeed? thats pretty subjective, isnt it? and who on heaven, earth, and hell are these people? saints? were they canonized? no wonder most overly so-called christianized countries are poor and suffering ... perhaps, they are in a rush to meet god... hehehe...

with echoes of deliverance....

Re: ATM anyone? 5 years, 9 months ago #16038

  • 0verlord
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its a good point...  but beggars are not choosers, are they?

c'mon imprint this on a banner, and we all end up on the pavement...

everywhere and  elsewhere all over the world, labor unrest still remains unrested... but where had all they gone?  in memory?  in the newspaper?  on tv? then what? everything was left carved on air and written on water...

this is one helluva capitalist's world... we work to live and not to build utopian dreampipes...

i say, we become realistic and practical than digging our own law books done by the so-called lawmakers who are lawbreakers themselves...




We caused this chaotic empire... When you fail to act, to make a difference, you fail to live. You don't just say OK to every Tom, Dick or Harry you call your boss... They live, you live too... If people step up and make some changes and maybe it would be better. You don't have to eat everything they feed you.

True... beggars can't be choosers because they just ask... You work and therefore it means you expect something worthy of your time and sweat.  :angel:

Re: ATM anyone? 5 years, 9 months ago #21258

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so going back to this ATM issue. i was just thinking about it. i'm kinda a big fan personally of the concept cuz it helps me budget better not having all my cash for the week in my pocket while i'm drunk. but i think i understand the difficulties this presents to some teachers. i think there's two main points. first is the financial - 1,000 peso maintaining balance and then extra charge for using an atm other than bdo. second i think is the inconvienience presented to get to the atm. for those of us that pass through downtown, probably no big deal. but for those who taxi home and don't live near an atm, that could be tough.

could those people who are opposed to the atm please weigh in and let me know if that sums it up?

and what do you think admin could do to handle those issues? maybe those teachers who need that extra thousand could sign a certificate of indebtedness and then the maintaining balance would be beci's money and must be returned upon termination? maybe that wouldn't be too big of a risk for the school cuz they would still have some unpaid wages that could offset the risk if the teacher tries to skip out. and maybe providing a service every friday from school to a bdo atm would satisfy those who quoted portion of the law that refers to an atm within a 1km radius. it would also eliminate the complaint of the extra charge for using another banks atm.

just trying to understand the issue. thanks

Re: ATM anyone? 5 years, 9 months ago #21271

  • meancreek
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... first is the financial - 1,000 peso maintaining balance...

This is actually the employee's money...  Anyone could withdraw everything to zero from his account..and that account would be considered closed. In the next transaction,  he would be filing again for re-application...   it's taxing and burdensome on the employee's part to re-apply once more.. so the management request a maintaining balance.

If the  employee decides to be dropped from the payroll, he could easily withdraw everything... or he could maintain it as his own personal account.
 

and then extra charge for using an atm other than bdo.

BECI's main corporate bank is BDO...  If there is a charge for using other ATM, it's within the policy of the banks... It's outside BECI's control.

second i think is the inconvienience presented to get to the atm. for those of us that pass through downtown, probably no big deal. but for those who taxi home and don't live near an atm, that could be tough.

That's understandable. BUt let's think of the greater inconvenience if its otherwise.

To set up our own ATM here in greenvalley isnt as easy as peanuts. A lot of money and maintaining costs, plus security charges  would be required, our institute isnt ready yet for such.

To allow out own Liason Officer to go to the bank and withdraw  half a million for our salary, even with a private car, entails greater risk..

Besides, all standard companies have already been using this system... Here or abroad..
No grave effect has been reported so far...


maybe those teachers who need that extra thousand could sign a certificate of indebtedness and then the maintaining balance would be beci's money and must be returned upon termination?

This could be negotiated...

maybe that wouldn't be too big of a risk for the school cuz they would still have some unpaid wages that could offset the risk if the teacher tries to skip out.

and maybe providing a service every friday from school to a bdo atm would satisfy those who quoted portion of the law that refers to an atm within a 1km radius. it would also eliminate the complaint of the extra charge for using another banks atm.

ok.. We'll negotiate on that upon active implementation of the ATM system..

thanks too...
with echoes of deliverance....

Re: ATM anyone? 5 years, 8 months ago #21757

  • chuckie
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This could be negotiated...

ok.. We'll negotiate on that upon active implementation of the ATM system..

thanks too... 


does meancreek speak on behalf of admin? i'm a bit weary on the word "negotiate". what might teachers wishing to avail of this service have to pay? i'd be more comfortable with the word "provide". but all in all perhaps this could be reason for hope? maybe people are more comfortable in this medium. this could also be an example of the benefits of constructive criticism. lets cross our fingers and hope. we might have found a friend in the mean creak after all 

Re: ATM anyone? 5 years, 8 months ago #21791

  • meancreek
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[does meancreek speak on behalf of admin?

[b]Wish I could, but I can't. I could only go for neutrality and balance. If one side abuses,  I stand for the oppressed. And yet, if I one side transgresses, I go for justice.[/b]

Besides, anyone could negotiate. There is nothing wrong about that.

i'm a bit weary on the word "negotiate". what might teachers wishing to avail of this service have to pay?

That remains to be seen.. 

i'd be more comfortable with the word "provide". but all in all perhaps this could be reason for hope?

yeah, you're right.

maybe people are more comfortable in this medium. this could also be an example of the benefits of constructive criticism. lets cross our fingers and hope.

sure..

we might have found a friend in the mean creak after all

of course, but as Ive said  I could only go for neutrality and balance. If one side abuses,  I stand for the oppressed. And yet, if I one side transgresses, I go for justice.



 
with echoes of deliverance....
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