CHIZ: Staggared work-hour to cusion impact of oil crisis, cut P3.5-B daily losses due to traffic
CHIZ: Staggared work-hour to cusion impact of oil crisis, cut P3.5-B daily losses due to traffic Sen. Francis “Chiz” Escudero over the weekend urged private companies to consider adopting a MalacaƱang-backed four-day onsite workweek or implementing staggered work-hour schemes as the country prepares to cushion the impact of fuel price increases and wider economic disruptions amid escalating tensions in the Middle East. In a statement, Escudero said flexible work arrangements could help reduce daily transportation demand, lower operating costs, and give workers added relief while global oil markets remain volatile. He added that such measures could also help minimize billions of pesos in economic losses caused by daily traffic congestion. “Acting this early as we anticipate what could possibly happen would strengthen the country’s resilience should the situation worsen,” the senator said. The veteran lawmaker noted that Congress has long practiced a four-day workweek for its pe...