WHAT IS THE PHILIPPINE OVERSEAS EMPLOYMENT ADMINISTRATION?
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The Philippine Overseas Employment Administration is the government agency responsible for the regulation of outflow of Filipino workers for temporary employment overseas.
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The Philippine Overseas Employment Administration has both regulatory and adjudicatory functions.
- The Philippine Overseas Employment Administration protects the right of Filipino workers to fair and equitable employment practices.
WHO HAS THE POWER TO SUSPEND THE EFFECTS OF TERMINATION OF EMPLOYMENT?
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The Secretary of the Department of Labor and Employment may defer or suspend the effects of termination while a case of labor dispute is still pending.
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The Secretary may exercise this right if there is prima facie finding that the termination may cause either (1) a serious labor dispute, or (2) implementation of a mass layoff.
- The State is bound under the Constitution to afford full protection to labor and when conflicting interests of labor and capital are to be weighed on the scales of social justice the heavier influence of the latter should be counterbalanced with the sympathy and compassion the law accords the less privileged workingman.
WHAT IS THE SPECIAL FACT DOCTRINE?
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A corporate officer with a superior knowledge gained by virtue of being an insider owes a fiduciary duty to a shareholder in transactions involving transfer of stocks.
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It is unlawful for an insider to sell or buy a security of the issuer, while in possession of a material information with respect to the issuer, or the security that is not generally available to the public.
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Absent a fiduciary relationship between parties, there is nonetheless a duty to disclose when one party’s superior knowledge of essential facts renders the transaction without disclosure inherently unfair.
WHAT ARE TYPES OF MANAGERIAL EMPLOYEES?
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First-Line Managers are the lowest level in an organization
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Middle Managers or the Middle Management can refer to more than one level in an organization.
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Top Managers are composed of a comparatively small group of executives
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