ALL SMC's 66,000 employees get full pay, Ang tells them "Dont worry about your jobs"

How we wish that all employers in the country is like Mr. Ramon Ang of San Miguel Corporation.

San Miguel Corporation (SMC) with its more than 66,000 employees, consultants, and contract workers will be taken care of during the duration of the Luzon-wide lockdown as it was announced that they will receive their salaries in full despite the work stoppages caused by the novel coronavirus 2019 disease or COVID-19 pandemic.

SMC being the coutry’s largest conglomerate committed to settling all its obligations to the government on schedule - whether they be taxes, concession fees, or other contractual payments — despite the grace period extended by authorities to companies.

(photo credit to owner)

Ang said, SMC has allocated P11.67 billion in payments to the government, meant to aid fiscal authorities with what is expected to be a record spending program to keep the Philippine economy afloat.

SMC said it has already paid the national government P8.77 billion, while the balance will be remitted before the end of the enhanced community quarantine (ECQ) period.

Also, San Miguel has released full compensation with benefits amounting to over P3 billion for all its 66,557 employees, consultants, and contract workers.

“These are trying times and while we, as a company, are not immune to the challenges of this crisis, the safety and security of our workforce will always come first,” Ang said. “We do not want them worrying about their jobs.”

Addressing the conglomerate’s employees, Ang said he was “truly proud of the hard work that you, most especially our front liners, have been doing in the midst of the challenges: delivering essential goods and services that are critical in this battle.”

“Please continue to adopt our malasakit mindset and focus on what we, as individuals, can do to make a difference, because many are counting on us,” he said.

“We are also aware that we have a huge role to play across industries and we are lucky to be more equipped than the rest to navigate this crisis,” he added. “That said, we remain steadfast in our commitment to assist the government and continue providing assistance where it’s most needed.”

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Report from PDI

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