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  1. Join Date
    Oct 2002
    Posts
    1,271
    #1
    CA upholds P1-M deposit requirement on recruiters

    By Jerome Aning
    Inquirer
    Last updated 10:27pm (Mla time) 03/19/2007


    MANILA, Philippines -- Overseas Filipino workers are now assured of monetary compensation from erring recruiters after the Court of Appeals affirmed an order of the Philippine Overseas Employment Administration requiring all recruitment agencies to have a P1 million-bank deposit.

    POEA Administrator Rosalinda Dimapilis-Baldoz welcomed the appellate court's decision, calling it "among … the important steps taken by the higher courts towards affording full protection for our OFWs."

    The Court sustained POEA Memorandum Circular No. 8, series of 2002, which required licensed recruitment agencies to increase their escrow deposit from P1 million to P2 million within four years from 2002, at the rate of P175,000 per year.

    The escrow deposit shall answer for all valid and legal claims filed by OFWs against licensed recruitment agencies that violate recruitment laws and regulations.

    The measure was vehemently opposed by recruiters, who expected financial difficulties due to dwindling labor markets and decreasing number of recruits. The POEA, however, said the new rule would allow only qualified entities and individuals to participate in overseas employment, for the welfare and protection of all OFWs.

    The Philippine Association of Service Exporters Inc., Career Planners Specialist International, Inc., AB International Placement and FMW Human Resources International questioned the POEA before a Mandaluyong City
    regional trial court, which issued a written prohibition for the implementation of the new regulation.

    But in a ruling penned by Associate Justice Martin Villarama Jr., the Court's 8th Division called the POEA order "a reasonable interpretative regulatory measure that enjoys the presumption of validity, which cannot be simply
    overturned by affected recruitment agencies who insist on business judgment to the detriment of OFWs."

  2. Join Date
    May 2005
    Posts
    8,078
    #2
    apektado din mga aplikante dito ..malamang sa taasan ang placement fee or iyon mga "under the table " nila sa mga nag babalak mag abroad

    doon babawi ang mga recruiters..

    swerte ng aplikante kung doon sia mapaalis sa mga agencies na walang lagayan or placement fee..,
    paano na lang doon sa mga nag babakasakali sa maliit na agency
    pero good standing naman sa POEA or wala bad records

CA upholds P1-M deposit requirement on recruiters