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70k plus teaching posts get DBM nod

Wednesday, 04 April 2018 21:07 Published in Business

The Department of Budget and Management (DBM) has approved the creation of 75,242 teaching positions for kindergarten/ elementary, junior high school (JHS), and senior high school (SHS) for SY 2018-2019.
This is in line with the request made by the Department of Education (DepEd) in order to address the inadequate number of teaching personnel in public schools nationwide.
The funding requirements to cover salaries and other forms of compensation for the new positions shall be charged against the FY 2018 Built-in Appropriations (New School Personnel Positions).
Notably, only filled positions will be covered by the DBM’s issuance of a Special Allotment Release Order (SARO).
DBM Regional Offices and the DBM Organization, Position Classification and Compensation Bureau (OPCCB) shall issue the corresponding Notice of Organization, Staffing, and Compensation Action (NOSCA) direct to the DepEd - Division Offices for Kinder, Elementary, and SHS and to the DepEd- Implementing Units for JHS positions based on the deployment reports submitted by the DepEd.
The agency also has released funds amounting to P804.86 million to the Philippine Veterans Affairs Office (PVAO) to cover the payment of pension arrears to World War II veterans for 2018.
Specifically, the said amount will pertain to the settlement of Total Administrative Disability (TAD) Pension Arrears to 6,046 surviving spouses of deceased World War II veterans.
The Total Administrative Disability (TAD) Pension is a monthly entitlement of P1,700 awarded to veterans upon reaching the age of 70. Living veterans receive their entitlement on a monthly basis, while arrears are awarded to surviving spouses of World War II Veterans and other eligible deceased veterans upon approval of requests made by PVAO.
Notably, a total of P1.65 billion has been allocated for the full payment of TAD arrears. As such, another P841.87 million is set to be released within the year for the same purpose, subject to submission of Special Budget Request to be supported by a list of pensioners/claimants.
The amount is charged against the Pension and Gratuity Fund of the 2018 General Appropriations Act (GAA).

Capital One promotes innovation in workplace

Friday, 09 March 2018 00:00 Published in Business


Since 2013, Capital One Phils. Support Services Corp. has been investing in its Filipino associates by powering their workplace through tech innovations.
Recognizing that companies are being transformed by technology, the financial services firm believes that creating a workplace with innovative facilities and services will inspire its associates to remain excellent and deliver a great customer experience everyday.
“Technology has a huge impact on the way we work here in Capital One. We continuously expand our investment in digital transformation not just to build a leading information-based workplace, but also to empower our associates and give them the tools they need to be more efficient and productive at work,” said Peter Hayden, Capital One Philippines GM.  
Testament to this is the company’s Power Up Bar, where associates go to resolve any tech-related problems. Whether it’s having their headphones and laptops fixed to resetting their passwords and addressing software glitches, the tech hub enables associates to receive immediate response on their technological requirements and issues on the gadgets they use at work.
More than being a tech support center, the Power Up Bar is also there to immerse associates in technology and help them understand and experience a part of Capital One’s digital transformation.
“Capital One Phils. provides customer service to our clients and for them to do it well, they must have the same level of experience when it comes to resolving problems. This is our way of matching what they do,” said Hayden.
The Power Up Bar was installed in both sites in Alabang and operates 24/7 to provide flexibility and accessibility in supporting the associates’ tech needs.
This shows Capital One Phils.’ commitment to remaining a workplace of choice — a workplace that utilizes technology to give way to a more knowledgeable, productive, and engaged workforce.
“Everybody loves the Power Up Bar. Aside from getting a great customer service experience, associates also get an additional shared space where they can  work and collaborate while waiting for their units to be checked or repaired. With these types of innovations, companies are able to provide a new kind of learning experience and tech immersion to their teams, creating the workplace of the future,” added Hayden.


FEU chronicles bravery in building an academic legacy

Wednesday, 28 February 2018 00:00 Published in Life Style

Far Eastern University (FEU) gathers its alumni, faculty and members of administration, stakeholders, family, and friends to witness the premiere of the documentary “Be Brave” at the Ayala Museum.
The film is about FEU and the legacy of its founder Dr. Nicanor Reyes as told through his daughter Dr. Lourdes Reyes Montinola. It retells the vision and determination of the man who contributed to the development of the country by helping pave the way to making quality education accessible to Filipinos.
“It is our founder’s aspiration that his school’s graduates would enjoy rewarding careers that promote the country’s economic growth. This was the reason behind his choices of accountancy, law, and medicine as flagship academic programs. FEU was also first to offer night classes to provide more opportunities for students to learn,” says the school’s current president Dr. Michael Alba.
The documentary reveals more of these important milestones that influenced our current education system. John Silva, a history expert and proponent of Philippine arts and culture, gives his commentary and shares his insights on FEU’s role in society.
“Dr. Nicanor Reyes was a visionary and innovator. He introduced ideas that encouraged holistic learning,” says Gianna Montinola, VP for Corporate Affairs. “During these times that challenge our resilience and conviction, we are reminded of the legacy and noble dream of our founder. It is our hope that through Be Brave, today’s generation and the next will appreciate the true value of education.”
“Be Brave” premieres in time with the university’s 90th founding anniversary.


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