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Danvil Plans Policyholders: Good News?
Updates on Danvil and Pre-Need Firms As of April 4, 2009:
Danvil Plans, Other Pre-Need Firms: Updates
Pre-Need News — Philippines: Key Points
Daniel Villanueva: Founder and President, Danvil
Danvil Is Still Berkley on Pre-need Federation Website
Pre-Need Philippines: Kabado Na Naman?
How to File a Complaint Against Any Pre-Need Plan Company in the Philippines
Akala ko Naghihirap ang Pre-Need Industry
To Danvil, From a Hurting OFW in Japan
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If you are a policyholder of Danvil Plans Inc., you should already have received a letter from the firm announcing its decision not to proceed with the planned transfer of its pre-need portfolio to Legacy Consolidated Plans Inc.
Well, this is very good news in light of sorry developments in Legacy Consolidated and its parent company Legacy Group. According to news reports, Legacy has filed for voluntary dissolution, including the dissolutions of companies under its management, namely Scholarship Plans Inc., Legacy Card Inc., Legacy Consolidated Asset Holdings Inc., Galaxy Realty and Holdings Inc., Fusion Capital Corp. and Conventional Realty Corp. The parent company Legacy Group itself is troubled due to the financial difficulties of its rural banks, many of which have closed.
Back in June 2008, controversies about Legacy were the focus of my arguments when I talked with Ms. Aurora Dino, assistant vice president and branch manager of Danvil’s office in Makati, about the planned transfer of the pre-need portfolio to Legacy. I’m really very glad now that Danvil did not rush the transfer proceedings back in June.
Somehow, I was not really surprised about the decision and the letter from Danvil because I checked Danvil’s office in Makati from time to time.
Officers of Danvil Plans, may you have more power and opportunities to nurture and grow Danvil. The education and financial well-being of long-time planholders’ dependents rely on your success and continued commitment. Just please change drastically your aggressive and oftentimes unethical marketing tactics.
Forced Leave: My First in 16 Years
Today is the first day of my forced leave. I’ve been working so long for this firm I never thought I’d see the day I wouldn’t go to work because I was ordered not to. Today, I did.
Yesterday, when our project manager told us the news, I immediately felt angry. I felt betrayed. I felt ingratitude on the part of the employer. Although the managers admitted it only after some arguments between management and our group, the forced leaves were aimed to cut costs for the month of December.
As all of us Pinoys know, December is full of regular holidays. For hourly-paid employees, the computation is simple. They get 100 percent of their daily rate even if they don’t work on these holidays, as long as they were at work the day before the holidays.
In our firm, which is a U.S. based Indian-managed data conversion service provider, we’re not paid by the hour. We’re paid by the number of short articles that we write. We’re regulars and we get benefits most other employees in Metro Manila get.
Our holiday payments are computed by dividing by seven our total payments for the seven days before the holiday. This year, there are six holidays during the Christmas/New Year week: Dec 25, Dec 26, Dec 29, Dec 30, Dec 31, Jan 1.
Imagine if we produce work worth 1,000 pesos per day as what happens if we do our best? We would get a total of 6,000 pesos from the holidays!
But that won’t happen now. We’re on forced leave.
The second part of this article is here:
