The Guideline of the Direct Hiring for Filipino Wokers known as POEA MC 04 was released last December 2007. It took effect on January 15, 2008 affecting all foreign employers wishing to directly hire Filipino workers. The guideline requires foreign employers to post a Performance Bond equivalent to 3 months salary of the OFW and a US$5,000 Repatriation Bond. The Arroyo administration said that the memorandum goal is to promote security and insurance for the welfare of the OFW. Group...
