In a speech in a forum held recently by the Management Association of the Philippines, Trade Secretary Alfredo Pascual had said the ideal number of national holidays was 10. According to Pascual,
And when typhoons, floods and other natural calamities happen, some executives of local government units are quick to order the cancellation of work and classes in their areas of governance.
For employees whose wages are paid on a “no work, no pay” basis, or depending on the number of hours they actually worked, e.g., construction workers and delivery service crew, and who constitute roughly 60 percent of the country’s labor force, the holiday fever is a pain in the neck. But for employees who are paid on a monthly basis, or regardless of their actual days of work, and have ample disposable income, long holidays are heaven-sent.The jury is still out on whether the objectives of holiday economics had been met in the years that the observance of national holidays had been moved to make for long weekends.
Time and again, the foreign chambers of commerce in the country have expressed their dissatisfaction with the adverse effects of too many holidays on their businesses.
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