MAYNILAD Water Services, Inc. management and its rank-and-file union signed a collective bargaining agreement (CBA) last Nov. 29 for more benefits and subsidies to the workers.
The CBA will cover over 1,000 rank-and-file employees of the water company. The employees will be entitled to annual salary increases for two years, a signing bonus, and an improved health subsidy.
In a press release, the company said Maynilad Water and Sewerage Union–Philippine Transportation and General Workers Organization (MWSU-PGTWO) and management took four negotiation meetings to come to an agreement.
It quoted MWSU-PGTWO President Blesilda B. Tolentino as saying: “We thank the Management of Maynilad for continuing to promote the well-being of employees despite constraints brought on by the pandemic and the revisions to our Concession Agreement. The rank-and-file union commits to fully support the company so it can sustain the delivery of quality service to over 9.8 million Maynilad customers.”
The CBA will be effective for a year, from Jan. 1, 2022 to Jan. 1, 2023.
Maynilad is the water and wastewater services provider for the cities part of the west zone of Metro Manila.
Metro Pacific Investments Corp., which has a majority stake in Maynilad, is one of three Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT, Inc.
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