This case has been cited 1 times or more.
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2006-11-02 |
QUISUMBING, J. |
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| Under the Labor Code, only unjustly dismissed employees are entitled to retirement benefits and other privileges including reinstatement and backwages.[23] Since petitioner's dismissal was for a just cause, he is not entitled to any retirement benefit. To hold otherwise would be to reward acts of willful breach of trust by the employee. It would also open the floodgate to potential anomalous banking transactions by bank employees whose employments have been extended. Since a bank's operation is essentially imbued with public interest, it owes great fidelity to the public it deals with. In turn, it cannot be compelled to continue in its employ a person in whom it has lost trust and confidence and whose continued employment would patently be inimical to the bank's interest.[24] While the scale of justice is tilted in favor of workers, the law does not authorize blind submission to the claim of labor regardless of merit. | |||||