Food and Staples Retailing
Company Overview of Coca-Cola Femsa Philippines, Inc.
Coca-Cola Femsa Philippines, Inc. offers distribution and bottling services for soft drinks. It distributes soft drinks, bottled water, and juices, with outstanding brands, such as: Coca-Cola, Coca-Cola Light, Coca-Cola Zero, Lift, Powerade, Real Leaf, Royal Tru, Samurai, Sprite, and the bottled water brands Viva and Wilkins. The company was formerly known as Coca-Cola Bottlers Philippines, Inc. and changed its name to Coca-Cola Femsa Philippines, Inc. in January 2013. The company was founded in 1981 and is based in Makati City, the Philippines. As of January 24, 2013, Coca-Cola Femsa Philippines, Inc. operates as a subsidiary of Coca-Cola FEMSA S.A.B de C.V.
6/F Feliza Bldg.
108 Herrera St.
Makati City, 1200
Founded in 1981
Key Executives for Coca-Cola Femsa Philippines, Inc.
Chief Executive Officer and President
Compensation as of Fiscal Year 2014.
Coca-Cola Femsa Philippines, Inc. Key Developments
COCA-COLA Bottlers Philippines, Inc. Wins CA Ruling on Employee Bonuses
Aug 26 14
COCA-COLA Bottlers Philippines, Inc. has again won a Court of Appeals (CA) ruling, this time over its decision to stop paying bonuses to employees at its Santa Rosa, Laguna plant from 2008 to 2010. In a 16-page decision, the appellate court's Special Fourteenth Division reversed an earlier ruling of the Labor Arbiter ordering Coca-Cola to grant the bonus request of 90 employees. The labor union contended that from 1997-2007, the employees had been receiving bonuses. The employees had argued that the bonuses, which were not covered by their collective bargaining agreement, had become a "demandable right" by reason of long-time company practice. Coca-Cola contends that such bonuses were not consistently and uniformly given to employees. But the CA ruled that a bonus is not a demandable and enforceable obligation. The CA also said that the labor arbiter was wrong to determine that the yearly bonus from 2008 to 2010 should be equivalent to two-thirds of the basic monthly pay of the employees.
The Court of Appeals Rules in Favor of Coca-Cola Bottlers Philippines, Inc
Aug 22 14
The court of Appeals has ruled in favor of Coca-Cola Bottlers Philippines, Inc., sanctioning the company's 2009 mass dismissal of 276 employees. In a 16-page decision, the appellate court's Eighth Division dismissed a claim of unfair labor practice against Coca-Cola Bottlers filed by the company's Sales Force Union, saying that Coca-Cola's move to dismiss the employees was made 'for legitimate business considerations.' The labor union had contended that the dismissal was illegal because there was no prior notice to the Department of Labor and Employment. The union also said that its employees were left with no choice but to accept the company's offer of separation pay with reservation to question the validity of their mass dismissal from service. The dismissed employees had then asked the National Labor Relations Commission (NLRC) in 2010 to reinstate them. They also asked for full back wages and moral and exemplary damages. But the NLRC ruled against the union in a resolution in 2010 due to lack of merit. The union filed a motion for partial reconsideration, but was denied. The union then elevated the case to the Court of Appeals, seeking to reverse the decision of the NLRC.
Union and Coca-Cola Bottlers Philippines, Inc. Sign New CBA
Feb 5 13
Labor and Employment Secretary Rosalinda Dimapilis-Baldoz signs new collective agreement between the management of Coca-Cola Bottlers Philippines, Inc.-General Santos City and its union, the General Santos Coca-Cola Plant Free Workers Union-TUPAS, without any need for DOLE help. The signing of the new CCBPI-GenSan's CBA was held at the East Asia Royal Hotel, General Santos City, on January 24, with the presence of Coca-Cola Plant Operations Manager Florencio 'Boy' Caballero and Industrial Relations Manager Tony Apale. Under the new CBA, workers in the company will enjoy a financial package of PHP 55,000.00 each, consisting of a PHP 45,000 lump sum package and PHP 10,000 in industrial peace bonus. The CBA also provides for a PHP 45.00 per day salary increase given across-the-board for the period covering 2012-2013. The new CBA covers economic provisions for the term July 1, 2012 to July 1, 2015.
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