On 19 January 2006, the PBCom Management and
Employees Union concluded the renewal of the Collective Bargaining Agreement
(CBA) covering years 2006-2007 after only six meetings within a one-month
period. The 2-year package valued at about P59.1 million was agreed upon in the
spirit of goodwill and cooperation between the Management and Union panels. The
precedent-setting CBA negotiation, which was achieved without legal counsel
during the meetings among other cost savings measures, clearly shows that the
bank?s management, officers and staff can work harmoniously and with resolve in
building a bigger and better PBCom.
Congratulations to the Management panel composed
of John Estioko, Chairman, Robert Tan, Gil Gonzales, Evelyn Vinluan and Romeo
Dela Rosa as members and to the PBCom Employees? Association panel composed of
Rolando Borbon, President, Norman Cortes, Aries George Garcia, Rolando
Manansala, Ma. Monina Marasigan, Elizabeth Latonero, Josephine Yumul and
Roberto Hizon as Union officers-members for the meaningful and expeditious
conclusion of the negotiations.