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NLRC: Philab illegally dismissed CEO
The company is ordered to pay the complainant the total amount of SGD290,000 representing the payment of his salaries for the unexpired portion of his unemployment contract and signing bonus plus 10 percent thereof by way of attorney’s fees.
Listed Philab Holdings Corp. has been ordered by the National Labor Relations Commission to pay SGD290,000, or about P10.8 million, for the illegal dismissal of an employee in 2017.
In a disclosure to the stock exchange on Thursday, Philab said the labor arbiter declared that complainant Tee Sing Tang, a former CEO of Philab, had been illegally dismissed in 2017.
Tang was the chief executive officer of MeDx Pte. Ltd., a Philab subsidiary engaged in healthcare.
The labor case was filed against Philab and its president and chief executive officer Hector Thomas Navasero. The legal proceeding was concluded by way of entry of judgment on 14 August this year.
“The company is ordered to pay the complainant the total amount of SGD290,000 representing the payment of his salaries for the unexpired portion of his unemployment contract and signing bonus plus 10 percent thereof by way of attorney’s fees,” Philab said.
It added that nominal damages were also awarded in the amount of P50,000.
Meanwhile, Philab said it is also “reaching out to complainant to explore his willingness to entertain alternate ways of payment.”