LABOR Secretary Bienvenido E. Laguesma underscored last week the vital role of tripartite partners–workers, employers and government–in fostering industrial peace in the banking industry during the 60th anniversary celebration of the Philippine Savings Bank Employees Union (PSBEU).
This September 4, 2024, photo shows Labor Secretary Bienvenido E. Laguesma speaking during the 60th anniversary celebration of the Philippine Savings Bank Employees Union.
In his keynote address during the event held September 4 in Manila, Laguesma commended both the labor and management of the Philippine Savings Bank for their longstanding dedication to fostering harmonious labor-management relations. A statement issued by the Department of Labor and Employment quoted the labor chief as noting the PSBEU’s significant role in supporting the reactivation of the Banking Industry Tripartite Council . The BITC is a consultative mechanism that aims to advance the welfare of both workers and employers in the banking industry.
The DOLE earlier convened the labor and employer representatives of the banking sector as part of its intensified efforts to strengthen social dialogue and tripartite mechanisms at the national, regional, and industry levels, read the statement.
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