{"id":53179,"date":"2022-09-16T15:28:20","date_gmt":"2022-09-16T07:28:20","guid":{"rendered":"https:\/\/news.outsourceaccelerator.com\/?p=53179"},"modified":"2022-09-16T15:28:20","modified_gmt":"2022-09-16T07:28:20","slug":"wfh-for-peza-registered-it-bpm-firms-extended-till-december-2022","status":"publish","type":"post","link":"https:\/\/news.outsourceaccelerator.com\/wfh-for-peza-registered-it-bpm-firms-extended-till-december-2022\/","title":{"rendered":"WFH for PEZA-registered IT-BPM firms extended till December 2022"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Information Technology and Business Process Management (IT-BPM) firms registered under the Philippine Economic Zone Authority (PEZA) are allowed to continue their work-from-home (WFH) arrangements until December 2022.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Department of Finance (DOF) Undersecretary Antonette Tionko, the Fiscal Incentives Review Board (FIRB) approved the industry\u2019s request due to the extension of the Philippines\u2019 state of calamity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWhat was agreed upon first by the FIRB was that the work-from-home arrangement, because of the extension of the declaration of [the] state of calamity moved to December, it\u2019s also moved to December,\u201d explained Tionko during a Senate hearing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This means that IT-BPM companies in economic zones could continue enjoying their fiscal incentives while 70% of their employees continue working on-site and 30% work remotely.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the DOF still believes that IT-BPMs should implement a full back-to-office model following the loosening of lockdown restrictions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In response, the Information Technology and Business Process Association of the Philippines (IBPAP) requests a gradual transition from remote work to on-site arrangements companies within the outsourcing sector.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.gmanetwork.com\/news\/money\/companies\/844948\/firb-extends-work-from-home-arrangements-for-it-bpm-firms-until-december-2022\/story\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow external\" data-wpel-link=\"external\"><span style=\"font-weight: 400;\">Read more here.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Information Technology and Business Process Management (IT-BPM) firms registered under the Philippine Economic Zone Authority (PEZA) are allowed to continue [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":53180,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[200],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - 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