#Kentex72 Production at a Glance
How much does Kentex Manufacturing Co. earn from the labor of 72 workers daily?
Every worker produces a quota of 1,500 pieces or 750 pairs of slippers for brands such as Havana. The retail price being 100/pair, 750 pairs would yield a value of P75000/worker. Because these slippers are sold in retail stores, an overestimate of 50% wholesale discount can be deducted from the gross revenue, resulting in P37,500/worker.
Labor contributed by the 72 killed workers accumulates a gross revenue of P2,700,000.00. A deduction of 50% for assumed operational expenses will yield a a revenue of P1,350,000.00.
Workers are paid a meager maximum of P300 daily wage for producing the quota; for 72 workers, this would amount to cost of labor of P21,600.00.
Net profit of Kentex for the labor of 72 workers: P1,328,400.00
____________________
This is a stark manifestation of the discrepancy between the value created by labor and the value accorded to human lives as a result of state abandonment and the systemic abuse by capital. As long as these conditions remain legalized, we can only wait until the next tragedy reduces more lives into ashes.
End deregulation of labor standards!
Abolish contractualization!
Uphold the dignity of labor!
#JusticeforKentex72!
Sources:
http://www.gmanetwork.com/…/man-who-used-to-work-in-valenzu…
http://www.philstar.com/…/it-was-death-trap-72-bodies-pulle…
How much does Kentex Manufacturing Co. earn from the labor of 72 workers daily?
Every worker produces a quota of 1,500 pieces or 750 pairs of slippers for brands such as Havana. The retail price being 100/pair, 750 pairs would yield a value of P75000/worker. Because these slippers are sold in retail stores, an overestimate of 50% wholesale discount can be deducted from the gross revenue, resulting in P37,500/worker.
Labor contributed by the 72 killed workers accumulates a gross revenue of P2,700,000.00. A deduction of 50% for assumed operational expenses will yield a a revenue of P1,350,000.00.
Workers are paid a meager maximum of P300 daily wage for producing the quota; for 72 workers, this would amount to cost of labor of P21,600.00.
Net profit of Kentex for the labor of 72 workers: P1,328,400.00
____________________
This is a stark manifestation of the discrepancy between the value created by labor and the value accorded to human lives as a result of state abandonment and the systemic abuse by capital. As long as these conditions remain legalized, we can only wait until the next tragedy reduces more lives into ashes.
End deregulation of labor standards!
Abolish contractualization!
Uphold the dignity of labor!
#JusticeforKentex72!
Sources:
http://www.gmanetwork.com/…/man-who-used-to-work-in-valenzu…
http://www.philstar.com/…/it-was-death-trap-72-bodies-pulle…