The pros and cons of cooperatives in modernization

Rappler
11 Mar 202300:56

Summary

TLDRThe transcript discusses concerns from GP drivers regarding a shift from the current boundary system to a cooperative or corporation-based model. While many drivers are attracted to the stability of a regular salary and benefits like SSS, PhilHealth, and Pag-IBIG, they fear the financial burden of modernization. Specifically, they worry about accumulating debt and high expenses, which could offset the benefits of earning a stable income. Despite liking the idea of stability, they are concerned that modernization costs may outweigh the advantages.

Takeaways

  • 🚖 GP drivers are facing changes in how they earn, moving away from the boundary system.
  • 💼 There is talk of shifting drivers to Cooperative or Corporation models.
  • 🤔 Many drivers are uncertain about this change and are questioning if they are comfortable with it.
  • 🍾 Drivers appreciate the idea of gaining benefits such as SSS, PhilHealth, and Pag-IBIG under the new system.
  • 💰 Despite the potential benefits, there is concern that drivers might end up with more debt.
  • 📉 Drivers worry that they could be overwhelmed with debts, including both the principal and interest.
  • 💼 They are interested in the stability and regular salary that comes with the corporate model.
  • 🚫 However, drivers are also fearful that the expenses tied to the modernization might be too high.
  • 🏁 The traditional boundary system makes drivers chase daily earnings, which many find stressful.
  • 📊 While they like the idea of modernization, the financial risks involved make them hesitant to fully support it.

Q & A

  • What is the main concern of GP drivers regarding the new boundary system?

    -The main concern is that while drivers like the idea of having a stable salary and not having to chase the boundary system, they are worried about the expenses that come with modernizing, as it could lead to high debt and financial burdens.

  • What do GP drivers like about the new system?

    -GP drivers like the stability of receiving a consistent salary instead of relying on the boundary system, which often forces them to chase daily earnings.

  • What benefits are drivers looking forward to under the new system?

    -Drivers are looking forward to benefits like SSS (Social Security System), PhilHealth, and Pag-IBIG contributions, which are typically offered to regular employees.

  • Why are drivers hesitant about the proposed changes?

    -Drivers are hesitant because they fear that the expenses associated with modernization, such as new vehicle costs and maintenance, could result in accumulating debt that outweighs the stability of a fixed salary.

  • What is the 'boundary system' mentioned in the script?

    -The 'boundary system' is a traditional payment arrangement where drivers need to meet a certain amount or 'boundary' daily to pay the vehicle owner, after which they can keep the remaining earnings.

  • What do drivers mean by the 'champagne benefits' under the new system?

    -The 'champagne benefits' refer to the various employee benefits like SSS, PhilHealth, and Pag-IBIG that come with a regular employment status, which are attractive to the drivers.

  • What financial risks do drivers foresee with the new system?

    -Drivers foresee risks of accumulating debt, as they might have to bear the costs associated with new vehicles and modernization, resulting in increased expenses even if they earn a regular salary.

  • What is the drivers' attitude towards the modernization plan?

    -Drivers generally like the idea of a more stable income, but they are afraid of the financial burden and debt that might come with implementing modernization.

  • What does 'Cooperative or Corporation drivers' refer to in the script?

    -'Cooperative or Corporation drivers' refers to the shift in employment structure where drivers would work under a cooperative or corporate entity, which provides regular employee benefits and a stable salary.

  • What is the potential downside of the drivers earning under the new system?

    -The potential downside is that despite earning a stable salary, the expenses from modernization could lead to high debts, including both principal and interest payments, making it difficult for drivers to manage their finances.

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Related Tags
GP driversboundary systemmodernizationdriver concernsearnings stabilitydebt fearstransport reformPhilHealthCooperative modeltransportation industry