BIG business has heeded the call of President Ferdinand Marcos Jr. to avoid holding lavish Christmas parties.Employers Confederation of the Philippines President Sergio Ortiz-Luiz said on Thursday many of their members have decided that instead of holding extravagant parties, they will give the money instead to their employees as additional incentives.
The ECOP, which has more than 600 members, is the umbrella organization and single voice for the entire business community on important national issues related to employment.But Ortiz-Luis said that the same could not be done by small establishments which comprised more than 90 percent of businesses in the country.Records show that 99.
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