Lepanto Consolidated Mining Company has achieved a significant milestone by signing a collective bargaining agreement (CBA) with the Lepanto Labor Union.
This important development ensures labor stability, particularly as the company prepares to commemorate its 90th anniversary in September.
The collective agreement covers vital aspects such as wages, benefits, workplace safety, and job security.
The negotiations, spanning over two weeks, have culminated in a mutually beneficial agreement between the company and the union, demonstrating Lepanto President and Chief Operating Officer Bryan Spencer U. Yap's commitment to investing in the company's workforce and ensuring sustainable long-term growth.
Both the management and union leaders expressed their unwavering dedication to upholding the collective bargaining agreement, strongly believing that ongoing industrial harmony will directly contribute to the smooth functioning of operations and safeguard the welfare of the employees.
The signed agreement signifies a positive step towards preserving the company's legacy and fostering a harmonious working environment.
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