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Why managers should respect job applicants

I’ve been a victim of rude human resource (HR) managers several times. It’s discouraging taking a leave of absence from my current job to suffer the indignity of answering irrelevant job interview questions and be shooed away after less than 15 minutes of a face-to-face interview. Worse, some managers did were late. Aren’t managers supposed to have good manners? – Pissed Off.

Meeting rude hiring managers is one of the reasons why you should not jump right away into every job interview opportunity without first doing your homework. Investigate the background of the manager and the company they’re representing. These days, it is easy given the availability of information on social media. If the manager concerned is not on social media, Google their name and organization.

Do your due diligence. Why take chances on changing employers if you’re not in a hurry to get another job? 

I agree that irrelevant questions should not be asked. They’re a waste of time. Why ask about the applicant’s employment history when it’s already stated in the curriculum vitae (CV)? Any questions asked must not be immediately apparent from the CV. Hiring managers must focus on asking questions about job situations, such as — how would you manage an irate customer, if you’re applying for a customer service job.

Equally important, if your interviewer is late for more than five minutes, abandon the interview right away. It’s not worth it. A tardy interviewer is a red flag. If they’re interested in you, they will move heaven and earth to meet you. Try it. You’ll feel good about leaving.

SELF-RESPECT
Most books and articles on employment are for the benefit of job applicants. They’re geared towards giving the best answers to killer job interview questions, but not much is said about how job interviewers and HR managers should conduct themselves in interviewing applicants. Why is this so? Some interviewers take the opportunity to power-trip. But what for?

Whatever an interviewer does with applicants is a reflection on the organization they’re representing. If an applicant is disrespected, it could lead the applicant to no longer patronize the company’s products or services. Worse, the applicant may write a complaint to the chief executive officer (CEO) about how the job interview went.

Former US First Lady Eleanor Roosevelt (1884-1962) was right: “No one can make you feel inferior without your consent.” Even if the CEO fails to reply, it doesn’t matter as long as you’re sure that it was received.

Therefore, hiring managers must conduct every job interview with utmost decency and professionalism towards all applicants. To do this, HR managers and interviewers must do the following:

One, express genuine interest in dealing with applicants. Every manager must know how to handle interviews professionally. Be on time. Offer a firm handshake. Break the ice with small talk. Smile. Make eye-to-eye contact. Put the applicant at ease. And so on.

Two, spend at least 30 minutes with each applicant. Don’t decide based on a single mistake they make. By asking all applicants questions about job situations, you will be able to identify your best candidates. Try asking questions that have significant bearing on the job description.

Three, ask for the applicant’s value proposition. As soon as you’ve completed the interview, allow applicants to elaborate on his or her value statements. Discover characteristics that would make them unique. Expect to hear a brief but powerful summation of the skill and experience that person can bring to the organization.

Four, allow applicants to ask questions after the interview. A job interview is not a one-way street. In fact, applicants must be judged not only by the quality of their answers but on the questions they ask. These may include: “Why can’t you fill this position internally? How strategic is your succession plan?”

Five, provide a clear roadmap on how to go forward. “Please don’t call us” is discourteous. If you don’t want to be bothered with follow-ups, be clear about it in your job vacancy ad with a statement like: “Due to the numerous job applications that we’re receiving every day, we regret to inform you that only shortlisted candidates will be notified of the result of our hiring process.”

Last, offer a sincere ‘thank you’. Professional courtesy is one thing you mustn’t ignore. Being considerate can enhance your image. Again, imagine the amount of time, effort and little money applicants spend to show up for a job interview. Take some time to appreciate the opportunity to meet them.

 

Have a chat with Rey Elbo via Facebook, LinkedIn or Twitter or send your workplace questions to elbonomics@gmail.com or via https://reyelbo.consulting

LANDBANK partners with MultiSys for LGU online payment system

Land Bank of the Philippines (LANDBANK) has partnered with software solutions firm MultiSys Technologies Corp. to provide local government units (LGU) with a digital payment system.

The state-run bank said in a statement on Thursday that its mobile wallet LANDBANKPay would be integrated into MultiSys’ Smart City App, which will allow residents to settle payments to LGUs without having to visit local offices.

These include payments for real property tax, business tax, community tax certificates, local civil registry, health and business permits, and licenses.

The memorandum of agreement (MOA) with MultiSys was signed on May 24 and includes a provision that any future payment applications that MultiSys develops in the future will also use LANDBANKPay as its primary electronic wallet.

“The integration of LANDBANKPay and the Smart City App will help boost LGU collection rates and generate operational cost savings in the long run,” LANDBANK President and Chief Executive Officer (CEO) Cecilia C. Borromeo said. “More importantly, we will be providing greater convenience and security to residents when settling local government fees.”

“We believe that this initiative is very vital not only on a local scale but also on a national scale,” MultiSys President and CEO David L. Almirol said. “And we know that LANDBANK is our key partner to really accomplish this.”

MultiSys’ Smart City App is used in 75 LGUs nationwide, with the firm eyeing further expansions later in the year. Aside from the banking industry, the software firm also serves clients in retail, hospitality, and healthcare, among others.

“LANDBANK’s partnership with MultiSys builds on its broader thrust of serving the nation through the delivery of innovative financial products and services powered by digital banking platforms,” the state-run bank said.

Between January and March of this year, LANDBANK facilitated a total of 39.14 million transactions worth P567.61 billion through its major digital banking channels.

LANDBANK’s income for the first quarter was P13.2 billion, 141% higher than the P5.48 billion a year prior. This translates to a return on equity of 14.27%.

Its first-quarter performance was attributed to higher interest income from loans and investments, as well as one-time gains from the merger with the United Coconut Planters Bank. — T.J. Tomas

Stephen Loman on a collision course with Andrade

STEPHEN LOMAN — ONE CHAMPIONSIP

WHEN Stephen Loman joined ONE Championship in 2021, his primary goal was to become a World Champion with the organization. For the Baguio City native, that means he’s willing to face anybody in his path keeping him from holding the belt.

Whether that’s reigning ONE Bantamweight World Champion John “Hands of Stone” Lineker, former kingpin Bibiano “The Flash” Fernandes, or even the streaking Fabricio “Wonder Boy” Andrade, who recently collected his fourth straight knockout victory last week at “ONE 158: Tawanchai vs. Larsen.” For Mr. Loman, it doesn’t matter.

Mr. Andrade stopped #2-ranked Kwon Won Il in just over a minute in the first round with a thunderous kick to the liver that instantly dropped the South Korean. The victory may have punched a ticket to a shot at the World Title for Mr. Andrade, although nothing is official as of yet. “Wonder Boy” is certainly fixated on fighting for the belt next, but also mentioned in previous interviews that should he become champion, his first title defense could come against Mr. Loman.

For his part, “The Sniper” is more than game, and the 26-year-old Filipino unsurprisingly employs the same mindset as his younger Brazilian counterpart.

“In any case, from Lineker or from Andrade, I have a firm goal to bring the belt home to Philippines,” said Mr. Loman.

“We are aiming at the same target and that’s to face John Lineker and be the World Champion in the Bantamweight division. Surely, Andrade is a tough one and if he will get the chance to fight Lineker before me and he aces out Lineker, then I am all up to grab the belt from him, if given the opportunity.”

Mr. Loman is a perfect 2-0 in ONE Championship since making his promotional debut late last year. He stopped former top-five fighter Yusup Saadulaev in his first fight in the Circle in December, and then decisioned highly regarded Shoko Sato in January.

Mr. Loman’s victory over Saadulaev allowed him to gain entry into the bantamweight top five, earning a berth at the #3 spot in the rankings.

Conversely, Mr. Andrade has no doubt been as impressive, if not even more, and now appears to be on a collision course with Mr. Loman. For his part, “The Sniper” believes a fight against Mr. Andrade is inevitable, and one that could come sooner rather than later.

Philippines’ factory output lowest in 13 months

APRIL FACTORY ACTIVITY eased to its slowest pace in 13 months, as factories grappled with higher production costs due to supply chain issues and soaring fuel prices. Read the full story.

Philippines' factory output lowest in 13 months

MR.D.I.Y to launch 11 new stores

HOME improvement store MR.D.I.Y is set to launch 11 new stores across the country during its grand opening from June 17 to 19.

The stores are located in Dagupan City, Pangasinan; Cabanatuan City, Nueva Ecija; Rodriguez, Rizal; Sta. Cruz and Biñan, Laguna; Quezon City; Caloocan City; Makati City; Paseo Arcenas Estate and Minglanilla, Cebu City; and Mactan City.

MR.D.I.Y has more than 2,000 stores across Malaysia, Thailand, Indonesia, Singapore, Brunei, Philippines, Cambodia, India, Turkey and Spain.

The retailer said it is working to make “a positive difference in the lives of its valued customers by offering convenience at all its stores nationwide.”

It also said that it “strives to put customers first by operating an innovative business that is flexible when it comes to providing a wide variety of products, good quality, and value-for-money, holding true to the company’s motto of ‘Always low prices.’”

The company said that all stores are managed directly and often work in collaboration with other mass merchandise retailers or owners of malls or shopfront properties.

MR.D.I.Y has a selection of approximately 18,000 stock-keeping units across five major categories: hardware; household and furnishing; electrical; stationery and sports equipment products; and others, comprising toys, car accessories, jewelery, and cosmetics. — Luisa Maria Jacinta C. Jocson

How PSEi member stocks performed — June 9, 2022

Here’s a quick glance at how PSEi stocks fared on Thursday, June 9, 2022.


Peso at over three-year low as fare hike adds to inflation risks

BW FILE PHOTO
THE PESO dropped to its worst finish in over three years against the dollar as inflation risks mount. — BW FILE PHOTO

THE PESO weakened to an over three-year low against the dollar on Thursday as an increase in the minimum jeepney fare in Metro Manila and other regions took effect, adding to already mounting inflation concerns.

The local unit closed at P52.95 against the dollar, losing 3.5 centavos from its P52.915 finish on Wednesday, data from the Bankers Association of the Philippines showed.

This was its weakest close in over three years or since it finished at P53.10 on Dec. 20, 2018.

The peso opened Thursday’s session weaker from its previous close at P52.95 versus the dollar. Its weakest showing was at P52.97, while its intraday best was at P52.90 against the greenback.

Dollars exchanged increased to $732.62 million on Thursday from $635.56 million on Wednesday.

The local unit weakened as the minimum jeepney fare was hiked effective on Thursday, Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said in a Viber message.

The Land Transportation Franchising and Regulatory Board (LTFRB) on Wednesday approved a P1 provisional minimum fare increase for public utility jeepneys in Metro Manila, Central Luzon and Calabarzon.

The fare hike took effect on Thursday.

This was in response to petitions filed by different transport groups amid a series of oil price hikes driven by supply chain disruptions brought by the ongoing conflict between Ukraine and Russia.

Higher fares pose another upside risk to inflation, with the headline print already reaching 5.4% in May, the fastest since the 6.1% seen in November 2018, due to rising food and transport costs.

Year to date, inflation has averaged 4.1%. This is lower than the central bank’s 4.6% forecast but above its 2-4% target for the year.

The peso also weakened as the Organization for Economic Cooperation and Development (OECD) cut its global economic outlook, Mr. Ricafort said.

The OECD, a group composed of largely wealthy nations, now expects the global economy to expand 3% in 2022, down from the 4.5% outlook in December, due to soaring global inflation.

For Friday, Mr. Ricafort expects the peso to move between P52.85 and P53 against the dollar. — KBT

Shares end lower on inflation fears, trade data

STOCKS declined on Thursday on inflation fears due to high oil prices and a weaker peso and following the release of local trade data for April.

The benchmark Philippine Stock Exchange index (PSEi) dropped by 11.03 points or 0.16% to close at 6,758.59 on Thursday, while the broader all shares index went down by 4.18 points or 0.11% to 3,600.66.

“The market declined as inflation worries dominated sentiment amid the rising international oil prices and the weakening of the peso,” Philstocks Financial, Inc. Senior Research Analyst Japhet Louis O. Tantiangco said in a Viber message.

Diversified Securities, Inc. Equity Trader Aniceto K. Pangan said most regional markets were down due to higher oil prices that could continue to cause inflationary pressures.

Oil prices gave up early gains on Thursday after parts of Shanghai imposed new coronavirus disease 2019 (COVID-19) lockdown measures, outweighing news of China’s stronger-than-expected exports in May, Reuters reported.

Brent crude futures for August dipped 15 cents or 0.1% to $123.43 a barrel at 0630 GMT, while US West Texas Intermediate crude for July was at $121.91 a barrel down 20 cents or 0.2%.

Both benchmarks closed on Wednesday at their highest since March 8, matching levels seen in 2008.

Meanwhile, Philstocks Financial’s Mr. Tantiangco said investors also priced in the latest trade data.

The country’s trade-in-goods deficit narrowed in April as import growth eased to 13-month low, the Philippine Statistics Authority (PSA) reported on Thursday.

Preliminary PSA data showed the value of merchandise exports grew by 6% year on year to $6.129 billion in April.

Meanwhile, the country’s merchandise imports rose by 22.8% to $10.902 billion that month.

This brought the April trade-in-goods deficit to $4.773 billion, wider than the $3.098-billion shortfall recorded a year ago but narrower than the $5.007-billion gap in March.

Year to date, the trade balance ballooned to a $18.668-billion deficit, from a $11.442-billion trade gap in the comparable four months last year.

The majority of sectoral indices ended in the red except for industrials, which gained by 98.32 points or 1.06% to 9,293.68.

Meanwhile, services declined by 28.53 points or 1.54% to 1,819.16; mining and oil fell by 152.46 points or 1.22% to 12,269.82; holding firms lost 20.35 points or 0.32% to end at 6,254.18; financials gave up by 3.65 points or 0.22% to finish at 1,621.52; and property dropped by 1.59 points or 0.05% to 3,179.40.

Decliners beat advancers, 97 versus 79, while 56 names ended unchanged.

Value turnover dropped slightly to P5.29 billion with 827.76 million shares changing hands from the P5.37 billion with 744.91 million issues seen the previous trading day.

Net foreign selling climbed to P349.61 million on Thursday from the P156.68 million seen on Wednesday. — Luisa Maria Jacinta C. Jocson

Marcos, US envoy discuss free, open Indo-Pacific

WENDY R. SHERMAN TWITTER ACCOUNT

PRESIDENT-ELECT Ferdinand R. Marcos, Jr. on Thursday talked about preserving a free and open Indo-Pacific during a meeting with the United States’ No. 2 diplomat, Washington said in a statement on Thursday.

He and US Deputy Secretary of State Wendy Sherman, who is visiting the Philippines and several Asian countries this month, also talked about boosting economic ties, human rights and regional security, it added.

The US State Department said Mr. Marcos and Ms. Sherman “highlighted the importance of the US-Philippine alliance to security and prosperity in the Indo-Pacific region and the world, and the importance of fostering respect for human rights and rule of law in the Philippines.”

“We discussed strengthening our longstanding alliance, expanding people-to-people ties, deepening our economic relationship, advancing human rights and preserving a free and open Indo-Pacific,” she tweeted separately.

The Philippines is the oldest security ally of the US in Southeast Asia and one of the five treaty allies of the US in the Pacific region. They have a Mutual Defense Treaty signed in 1951, under which both are constrained to support each other in case of an external attack.

Philippine President Rodrigo R. Duterte has derided the United States during much of his six-year term putting one of America’s oldest alliances in Asia on the back foot. He led a pivot toward China, with which he sought closer trade and investment ties.

The tough-talking leader had threatened to cancel a two-decade military pact with the US on the deployment of troops for war games. The visiting forces agreement makes it easier for US troops and ships to operate in the Philippines, including conducting large combat exercises that have alarmed China.

Mr. Marcos and Ms. Sherman had “agreed on the importance of partnering together to strengthen our economies, including the importance of public-private partnerships, clean energy and our digital economy,” Ned Price, State department spokesman, said in the statement.

“They discussed opportunities for our two nations to deepen our alliance and friendship and seize new opportunities to deliver for our people in the years to come,” he added.

Philippine Ambassador to the US Jose Manuel G. Romualdez, incoming Executive Secretary Victor D. Rodriguez and Foreign Affairs Undersecretary Ma. Theresa P. Lazaro also attended the meeting.

Ms. Sherman is also set to visit South Korea, Laos and Vietnam.

“The deputy secretary’s travel to the region reflects the United States’ continued commitment to the Indo-Pacific,” the US State Department said in a statement earlier.

Ms. Sherman’s Asia trip followed the US-Association of Southeast Asian Nations Special Summit in May, US President Joseph R. Biden, Jr.’s visit to South Korea and Japan, the Quad Leaders’ Summit in Tokyo, and the launch of the Indo-Pacific Economic Framework.

Leaders of Japan, Australia, the US and India — members of the so-called Quad alliance — last month said they oppose all attempts to “change the status quo by force, particularly in the Indo-Pacific.”

The statement came amid international pressure on Russia to stop its invasion of Ukraine, and a growing concern about whether China could try to seize self-ruled Taiwan.

Mr. Marcos earlier said the Philippines under his administration would join a US-backed economic framework for the Indo-Pacific that Washington crafted to counter China’s growing influence in the region.

Experts have said it remains to be seen whether Mr. Marcos would pursue closer ties with China since the US has elevated efforts to take its alliance with the Philippines to the next level. 

Mr. Biden last month spoke with Mr. Marcos on the phone to congratulate him on his landslide election. He also looked forward to “working with the president-elect to continue strengthening the US-Philippine alliance,” the White House said earlier. 

The US leader also wanted to expand bilateral cooperation on issues including the fight against the coronavirus, addressing the climate crisis, promoting broad-based economic growth and respect for human rights, it added.

Also on Thursday, Clarita R. Carlos, who will become Mr. Marcos’ national security adviser, said the incoming government would confront the Maoist insurgency by solving social injustice.

The government would not gain anything from labeling some people as communists, she told GMA News.

“Perhaps let’s not use labels,” she said. “We gain nothing if we keep on labeling people.

Ms. Carlos, a retired University of the Philippines professor, said the Marcos government would try to solve the decades-old insurgency by providing more social opportunities. “National security is human security. It should also be about the threats to your life as an individual.” — Norman P. Aquino and Kyle Aristophere T. Atienza

Philippine agents investigating Mindanao blasts

NBI FACEBOOK PAGE

THE NATIONAL Bureau of Investigation (NBI) has started investigating the recent bus bombings in southern Philippines, as it tries to prevent the terror acts from spilling into Manila, the capital, it said in a statement on Wednesday evening.

“The bureau’s probe on the series of bombings is directed at ensuring national security as well as preventing possible major attacks not only in Mindanao but also in the entire country,” it said. “Extortion and terrorism are the motives of the bombing based on information gathered.”

NBI Officer-in-Charge Eric B. Distor, the bureau’s counter-terrorism division and a forensics team have traveled to Mindanao for the probe.

There have been six bombing incidents on bus lines in the region in the past two years, with four happening this year, NBI said.

The first of the bus bombings this year took place on Jan. 11 in the town of Aleosan, North Cotabato, killing a five-year-old boy and wounding three others. On April 24, a bus exploded in Parang, Maguindanao, injuring at least three passengers.

The most recent bombings happened on May 26 in Koronadal City, South Cotabato, hurting two civilians. The NBI also cited a separate roadside bombing on the same day in Tacurong, Sultan Kudarat.

The series of bombings started on Jan. 7 last year, when a local bus operator in Koronadal City received a bomb threat call and an extortion demand from an anonymous caller.

Local police found an improvised explosive device inside one of the buses. CCTV footage showed two male passengers leaving the device inside the bus.

Another attack took place on June 3 last year when a bus was burned in the town of M’lang, North Cotabato, killing three and wounding six other people.

Last week, a suspect in the bombing incidents was killed in a clash with police and military troops in M’lang, according to the Armed Forces of the Philippines.

The suspect was identified as a member of the Dawlah Islamiyah terrorist group in Maguindanao province. — John Victor D. Ordoñez

Justice chief seeks smooth turnover to incoming gov’t

PHILSTAR

OUTGOING Justice Secretary Menardo I. Guevarra on Thursday met with his successor to ensure a seamless turnover of responsibilities at agency.

“This meeting is important to ensure a smooth transition of leadership and uninterrupted operations at the Department of Justice (DoJ),” he told reporters in a Viber message on Thursday.

He said he might meet with incoming Justice Secretary Jesus Crispin C. Remulla again for consultations.

Mr. Remulla earlier vowed to fast-track criminal cases by developing a digital database to keep track of the jail sentences of all prisoners.

He also vowed to abide by the Constitution when he assumes office amid worries from various human rights groups over his history of accusing individuals of being communists.

During the campaign period, he linked supporters of Vice President Maria Leonor G. Robredo to the Maoist movement.

Political experts have said activists might have a hard time defending themselves if Mr. Remulla became the Justice secretary.

“While he is a lawyer by training, he spent most of his time as a politician,” Maria Ela L. Atienza, who teaches political science at the University of the Philippines, said in Viber message. “It is important to monitor his performance as the Justice secretary.”

As Justice chief, the former congressman will become a member of the newest anti-terror law’s Anti-Terrorism Council. He will also head a committee that investigates the killings of activists and dissenters.

The DoJ has faced increasing pressure from domestic and international groups to prosecute more rogue cops.

The Philippine Human Rights Commission said the Duterte government had encouraged a culture of impunity by hindering independent inquiries and by failing to prosecute erring cops involved in the government’s deadly drug war. — John Victor D. Ordoñez

Bongbong won’t get arrested if he visits US 

PHILIPPINE STAR/KRIZ JOHN ROSALES

By Kyle Aristophere Atienza

Philippine President-elect Ferdinand “Bongbong” R. Marcos, Jr. may visit the US without being arrested, according to a high-ranking American diplomat..

US Deputy Secretary of State Wendy Sherman, who met with Mr. Marcos earlier in the day, said his election as Philippine president allows him to go to the US without being arrested for a $353-million contempt order against his family in connection with a human rights lawsuit.

“When you are head of state, you have immunity in all circumstances and are welcomed to the United States in your official role,” she told reporters in Manila.  

The diplomatic immunity, which is given to heads of states, would only cover Mr. Marcos, not his entire family.

The US Court of Appeals has ordered Mr. Marcos and her mother Imelda to pay $353.6 million for violating a US court order not to dissipate their assets, which have been earmarked as compensation for the victims of his father’s martial rule.

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