Personal Statement
Taking the case of an insurance company undergoing major reconstruction because of minimal profit, which has been the case for almost three years consecutively. To solve this problem the company resolves to do restructuring that involved laying-off some of the workers. Due to the loss that had been incurred throughout the three years, the workers only get ten percent increment over their one month salary as a retirement fund. This does not go well with the workers who then decide to seek help from the law to get compensation as their contracts stated that pension agreement was for workers who ...
