Productivity Incentives Act 1990 Summary

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Republic Act No. 6971: Productivity Incentives Act 1990 Summary

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Title Supreme Court: Productivity Incentives Act 1990 Summary

Law: Republic Act No. 6971

Decision Date: Nov 22, 1990

The Productivity Incentives Act of 1990 promotes higher productivity and industrial peace in the Philippines by providing incentives to both labor and capital through the establishment of a formal agreement between labor and management that grants salary bonuses based on increased productivity.

labor

capital

industrial peace

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